Short selling lies

esbo

Debt_Free_Chick wrote: »

Institutional investors - fund managers and pension funds

Yes criminals selling fund they do not own and pocketing the profits as they rob people saving for their pensions etc..

They should be jailed.

Macaroon175

I've just joined this site and to be honest, I've spent the last hour reading posts in complete and utter disbelief.

Short selling isn't healthy for the markets true. But, for so many people to accuse of lies and theft, on this of all sites, is truly incomprehensible to me.

So, the short sellers steal assets which don't belong to them, for their own gains and purposes, and then give it back....really?

Yet, this is a site which worships at the feet of a man who has "championed" the "cause" against "unfair" bank charges. If overdrawing your account beyond agreed overdraft levels, using money which isn't yours then claiming the fees and charges associated (all documented and signed up to) isn't theft, then I don't know what is. Maxing out on interest free credit cards? Taking products you have no intention of ever using just so you can get a free mug?

Yes Andy Hornby has a lot to answer for in the HBOS situation.

So do the short sellers and the ineffectual role of the FSA.

But, so does the general public and certain Mr Martin Lewis, for raging a hate campaign on an entire industry for doing what exactly? Providing a service and HEAVEN FORBID daring to levy a charge for that service?

I hope Mr Lewis and all of his disciples are exceptionally proud of themselves.

opinions4u

purch wrote: »

A company that too easily forgot it's prudent and long standing methods to chase the 'quick buck' using an already failed and discredited business model.

Yes you are right....the Board and Executives of HBOS have a lot to answer for......

The problem I have is understanding why the funds dried up. The company was profitable in difficult times, wasn't showering high risk credit around all over the place (it lent a little sub-prime and btl but not massively when compared to the overall mortgage book) and had the best cost/income ratio of any European bank.

Is our housing market really heading for 40% falls in value?

sabretoothtigger

This is the american chart, anyone have a uk one ?

esbo

opinions4u wrote: »

Is our housing market really heading for 40% falls in value?

One would certaintly hope so.

cvd

Yes criminals selling fund they do not own and pocketing the profits as they rob people saving for their pensions etc..

They should be jailed.

If you feel like that, then you should not get involved in anything to do with equity investment.
Short selling seems relatively honest when compared with much of what goes on in the City.

Generali

The owners of the shares that are lent to a short seller get the fee for lending that stock. If the owner of the shares is a fund of some sort, the fund gets the lending fee and that will go to the investors in the same way as a dividend or an increase in the value of a share bought by the fund would.

There is no evidence that I am aware of to show that short selling reduces share prices by any more than would have been the case had short selling not been allowed. Short selling may mean that prices change more quickly.

It is not possible to bankrupt a company by selling its shares short. If you try to push down the price of a company by shorting aggressively then people will see value and so buy the stock you're shorting. Unless you've got more money than the rest of the market, you'll go bust before you make a profit!

esbo

Here is one but only from 1975 and inflation is not factored out.
[edit - it does say adjusted for inflation on the link, but I am not sure?]
http://www.housepricecrash.co.uk/indices-nationwide-national-inflation.php

esbo

cvd wrote: »

If you feel like that, then you should not get involved in anything to do with equity investment.
Short selling seems relatively honest when compared with much of what goes on in the City.

However if you want a pension that is impossible to do unfortunately.

However I have much better idea than your charter for criminals and punishment of the innocent, bung al those involved in jail and make sure and people with similar ideas go the same way.

poppy10_2

sabretoothtigger wrote: »

This is the american chart, anyone have a uk one ?

Nationwide's figures only go back to 1975, but here's their real (inflation-adjusted) house price data presented in graphical form.