Re: Are short sellers dangerous
in response to
by
posted on
Feb 27, 2008 11:22AM
Discuss the various junior resource companies within the McFaulds Lake Area
People that are long in the market blame the shorts for all their failures. My point is this. People need not fear short sellers. They merely add liquidty to the markets. Why must everyone look at the negative side of everything?
I have read the NOT board, when the stock is going down its the shorts fault. lol It's never the fact that the stock is overbought and people are taking profits. Its never the fact that no news is coming and investors sell off because their interest wanes. Its always the shorts fault. Well that is just plain silly.
Anyone who would short NOT with the results they have got from DE1 and the pending results from DE2 and DE3 has to be a few bricks short of a load.
People need to stop going on a witch hunt to find something to blame for why a stock is not going to the moon, like they want. A stock only goes as far as it fundamentals carry it, unless it acts on momo from the herd. At the close today NOT was worth $6 not one cent more or one cent less. It is at $6 because that is the value the market has put on it. Forget the shorts, concentrate on reality. JMHO
Al