Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
in response to herbertwiebe's message

Hi

IMHO short selling makes no sense.

Why would anyone knowingly lend his shares to another whose sole pupose is to drop the price on those same shares?

That works against the lender. What am I missing?

It is like handing your mugger your "black jack" and telling him to use yours as it is bigger

There are other instruments avaiable for betting against some stocks.

Of course "naked short" selling is worse.

Does anyone know if anyone is monitoring "naked short" selling?

I'm guessing it is rampant...but I don't really know

Does anyone know if regular short selling is monitored to any extent?

I hope is isn't an "honor" system.




Please login to post a reply
pej
City
Rank
Treasurer
Activity Points
551
Rating
Your Rating
Date Joined
03/31/2008
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post