Stop losing money get the stock market direction for the week before you trade every Monday morning at matrix trading club , very accurate beat the market everytime , try it now for 1 week.
Yes, its a gamble on my part, i would be betting the item you buy today will be worth less on the day of delivery (where upon I will buy it and give to you).
Its not fraud because the delivery date has been agreed by both parties.
eg If I sell you an Ipod for payment now but delivery next Tuesday, I dont need to have the Ipod in my possession & I dont need to deliver it on any day BUT next Tuesday - on the agreed day I will have to give you the Ipod regardless of what it might cost me, if Ipods suddenly became scarce and cost $10000 each, I would have to pay that price to deliver.
Do you understand why it is that it seems like some level of fraud to me? Can you explain why you say there is no fraud involved, when in some cases the seller may not even have the stock? Please don't say because it's legal or something trite like that. I am not very savy about everything that goes on on Wall st. It's this kind of insider info combined with that business philosophy that caused the crash in 1929 and runs on banks.
there is no fraud involved, but check out what Porsche did with VW shares when they took the short sellers to near bankruptcy.
Traders where selling VW shares unaware of the volume in trade, on the call date it became apparent the actual numbers of VW shares on market where far less then those actually needed to fulfill all demand pushing VW to €1000 a share, Porsche then released 5% of VW instantly depressing the price and making a killing in the process.
Stop losing money get the stock market direction for the week before you trade every Monday morning at matrix trading club , very accurate beat the market everytime , try it now for 1 week.
akatheone1 1 year ago
short selling rule is another bull bubble to happen.
rbonilla18 1 year ago
Why is short selling bad? How is betting on the price to rise any better than betting on the price to fall.
bonfirejovi 1 year ago
Yes, its a gamble on my part, i would be betting the item you buy today will be worth less on the day of delivery (where upon I will buy it and give to you).
xdir 2 years ago
So, you are saying that you might attempt to short sell me on an item but ultimately end up losing on the deal. does that sound correct?
playfyte 2 years ago
Its not fraud because the delivery date has been agreed by both parties.
eg If I sell you an Ipod for payment now but delivery next Tuesday, I dont need to have the Ipod in my possession & I dont need to deliver it on any day BUT next Tuesday - on the agreed day I will have to give you the Ipod regardless of what it might cost me, if Ipods suddenly became scarce and cost $10000 each, I would have to pay that price to deliver.
xdir 2 years ago
Do you understand why it is that it seems like some level of fraud to me? Can you explain why you say there is no fraud involved, when in some cases the seller may not even have the stock? Please don't say because it's legal or something trite like that. I am not very savy about everything that goes on on Wall st. It's this kind of insider info combined with that business philosophy that caused the crash in 1929 and runs on banks.
playfyte 2 years ago
there is no fraud involved, but check out what Porsche did with VW shares when they took the short sellers to near bankruptcy.
Traders where selling VW shares unaware of the volume in trade, on the call date it became apparent the actual numbers of VW shares on market where far less then those actually needed to fulfill all demand pushing VW to €1000 a share, Porsche then released 5% of VW instantly depressing the price and making a killing in the process.
xdir 2 years ago