Quote:
Originally Posted by RedDevil
I don't think shorts, even naked shorts, should be forbidden.
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Shorts take advantage of market movements. Shorts at institution scale move the market for advantage. Naked shorts are selling something they don't have (haven't even borrowed) to move the market for advantage.
If you call it what it is (an option? a hypothetical?) then it's okay. But they say you're buying a share when it doesn't exist. It's couterfeiting. It's fraud. I'm against it.