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So if you have to sell you're essentially shorting and the only way to make good on the trade is to make the price go down.
by fleitz 13y ago
So if you have to sell you're essentially shorting and the only way to make good on the trade is to make the price go down.
- DavidSJ 13y ago"Making good on a trade" is not the goal of a rational investor. The goal is increasing one's wealth. An SEC employee divested of an asset has no greater interest in the asset being devalued merely because ey once held the asset.
- cjrp 13y agoSo that they can re-buy the asset at the newly-lowered value (with the assumption that it will return to its previous value)?
- shalmanese 13y agoIt went down because of a permanent change in SEC regulations. It's not going to bounce up from that.