Understood. The rules for everyone, itās there to make sure the forum can be a critical place for discussion. Not a slanging match. Just wanted to add context to why yours may have been flagged.
Blah blah blah an MP with a flag next to his name and who doesnāt even mention which party heās in in his Twitter bio⦠blah blah. Zzzā¦
Now hereās a proper opinion⦠and this isnāt a one off Tweet. Mr Rule has been very vocal and very busy on Twitter today. I hope heās a guest writer for the Financial Times soon. I wonder what he thinks about AJ Bell.
Best place to put this?
Oo, will try to watch that on catch up
The real cringe is LBC radio dedicating an hour mentioning millennials talking about the GameStop saga and Influencers in Dubai.
Mainstream media trying to be young.
Thanks but I could already tell by the exagerrated nationalism of an emoji flag and the absence of his party in his Twitter bio that he belonged to that particular party. Itās a common trait and something I assume theyāve all been told to do.
Hedge funds lost 70+ Billion yesterday
Literally
Thanks for the entertainment
No worries about over short selling though
Yeah, itās like just another risk for them to manage, rather than reflecting for a moment that shorting is in any way wrong.
citron i like some of the research theyre net positive for the financial community. their GME call was unfortunate
Shorting is not wrong per se. Itās useful. Itās the result of private investigation that can unveil fraud at the corporate level. Think Enron. Short selling is just the way those private investigators have at their disposal to achieve economic gains to pay for their efforts.
This is what short selling is all about. Or at least what it should be. Short sellers are often demonised. I desagree with the idea that the short sellers are the bad guys.
There are however abusive behaviours amongst short sellers. The GME over-short is just an example of it. They placed a risky bet by over-short and got caught with their pants down. And now they will go under. And the whole system is at risk. But instead of addressing the root of the problem, they focus on managing it, which may mean that overshorting may happen againā¦
(To be continued)
Disagree: If you donāt like a company, you donāt invest. Simples. Put your money in competing companies.
What exactly do you disagree with?
I think shorting is bad: it is actively hoping for a company to fail. I donāt think that is a right mindset.
Bear in mind that lots of Citronās early shorts were basically discovering cases of straight up fraud. They expended resources to research that fraud which ultimately made markets more efficient as this information was shared. So the argument that they can help with price discovery is compelling.
Itās hard to picture what a world of purely long-only funds would look like, but it feels like it would be quite problematic. Maybe shorts bring more problems than they solve, but they do still bring advantages.
Not on the warpath here but find that assertion interesting, precisely because I canāt think of a single reason why long only positions is in any way problematic? Why do you think otherwise?