Parex Resources Inc T.PXT

Short Selling = Share Printing = Manipulation = more ways

[CrazyTrader]

they can rip you off, that's why it's allowed using the excuse that it makes the market more efficient.  

I don't know if my shares are being "loaned out" as my account always shows that I have my shares and I'm able to place sell order any time.   I assume it's the same for everyone.   This would mean that when shares are shorted, Shares are basically created to be sold.   

Right? Everyones account still shows that they have their shares in their account.  So when buyers buy those shorted shares their accounts shows ownership of shares... But where did those shares come from if everyone else still shows ownership of their shares?  

Conclusion, Share Printing.  

All just my opinion/view/thinking

[unc12345]

I believe that is incorrect.  They aren't printing any shares - they are loaning out existing ones.  An analogy I'd use is if you go to the bank, your money/cash is not there - they have lent it out to a home or car owner as they always did.  They only have a fraction of the cash they have on deposit in theory (reserve banking system).  I believe this is a valid

[JoeBravo1]

You want to know how shorting shares really works.  Here's how these 3 World Renowned economists describe it.  It's quite simple:

[CrazyTrader]

LOL unc12345....  That's Printing MONEY.   Ever heard of "run on bank" and why 2008 banks collaps...   Money not there.     When your $100 in the bank is loan to me, my account now has $100 in it, yet your account still has $100 balance.   I can now use that $100 to buy $90 worth of stuff from Bob.    I have $10 left in my

[CrazyTrader]

unc12345, they say "loaning" but it's not loaning.    I have a car in my garage.   If I loan it to you, do I still have it in my garage?  Can I still drive it any time I want?   NO!!!!   I've LOANED it to you, you have it !!!! Shares are still in my account (garage), I can still access it, I can still put them up for sale. 

[unc12345]

Well, just some thoughts this morning on what you said.... The loaned car analogy isn't a good one at all.  It's not the same situation as with financial assets, not an appropriate comparison. Maybe I'm naive, but "share printing" as you've described it, would mean they are increasing share count and they simply aren't.  However shares are moved around

[CrazyTrader]

unc12345, you keep saying "loaned" "moved around"  but fail to accept the REALITY.... The shares are not "moved" from your account.    NO Ones shares are moved out of their account when they are "loaned" out as you say.    Again, calling a Dog a Cat doesn't make the Dog a Cat.    Saying "loaned or Moved"

[CrazyTrader]

unc12345, I like to see you personally loan me $100 from your account while still managing your account balance not to change.    NO, you can not do it.  If you REALLY want to LOAN $100 to me from your account, you have to REMOVE $100 and give it to me.    That's a LOAN.   That's "MOVED AROUND".  

[unc12345]

As I mentioned Crazy...move on.

[CrazyTrader]

Just trying to help you unc12345....     This is why PXT can be trading this low..... People are just CRAZY in their thinking and they refuse to accept otherwise.   This is why I said why I now look for not only Crazy Undervalued Stocks, but Stocks that also pay a Crazy Dividend Yield........... BECAUSE you just don't know how long the CRAZIES will remain crazy. From

[ol_griz]

Again, from what I've read, the loan desk at the brokerage keeps track of shares available to loan.  Once loaned, they are removed from that number and can't be loaned again.  If the float is too low they will borrow from another firm - therefore in practical terms there are always enough available.  But since the owner still counts shares the liquidity is definitely

[CrazyTrader]

ol_griz, are ANY shares REMOVED from customers accounts that are "loaned" out for shorting?? I think the ANSWER IS NO.    So what's being "loaned" out and "removed from that number"?      The shares that Printed.   Share Available.....=====>  # shares "printed" ======> Shares available to loan out ===

[ol_griz]

All I'm saying is, according to what I've read, the loan desk keeps track of shares available to loan (how many they own and how many their clients own), which I'm calling the float.  So once your, say, 500 shares are loaned the float decreases by 500.  If there was a huge short demand and the brokerage loaned out too many for a comfortable margin, they'd borrow from