Very valid points indeed.
While I don't mind people short trading, I must clarify, I don't like when they spread fear among investors to gain advantage.
As to your scientific evidence question, I know along with Australia, countries like France, Spain, Italy, Canada etc banned short selling during 2008'09 saga. Australia reinstated it as we know, not sure how other countries are going. If someone is involved in those countries' exchanges might be able to comment.
I assume there'll be still the factor of spreading fear in order for them to enter cheaply in a stock.
This statement might be controversial, but some may remember posters bashing BRN so much on HC a few years ago until they got their fill, and then turned to be pro Akida once they got their shares.
So whether short sales are gone or not, those with less integrity will continue to do their thing, when it's $$$$ on the line. Investors just will need to keep doing their DD, and as FF often says, have a plan and execute it without fail.
Sign the Petition:
Ban the Predatory Short Selling of Financial Securities
Recently, we have seen billions of dollars wiped from global and Australian equities markets in part due to the practice of
Short Selling. This predatory trading technique is often executed in conjunction with algorithmic "bot trading" and has lead to the destruction of the hard earned savings of
everyday investors,
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retirees.
In particular, the
big four banks (
ANZ,
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During the
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I agree as BL has mentioned it has been banned!! (suspended) before in hard times maybe it's time to do it again!!
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Our proposed short sell ban would be structured as follows:
- An immediate ban on the short selling of stocks in the Financial Sector;
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