strange, is this a compulsive gamblers thing?
does anyone here understand the markets and can explain this shorting thing?.
http://www.iii.co.uk/investment/deta...ail&id=3960173
2100 : 2075 (-7.07%)
johnny arrowmaker
Subject Shorters heaven - ;-)
Message
So now it starts - bear stearns, northern rock et al need to make some money urgently - brokers looking for a way to recoup major losses, so this one looks good.
Tacky product that hardly any consumers want, that may be illegal on a number of fronts, relatively high unit share price.
Management and executive who are blind to the problems ahead, but are keen to spend their ultimate bosses' investment.
Also, it appears that the criminal fraternity can't wait for this product - put them in touch with all of the people in the country interested in valuables and investments x, y and z. Way to go - if a break in occurs as a direct result of the involvement of phorm, does that make phorm legally liable?
So the recommendation to you all is buy, buy, buy. Make no mistake, the shorters will play the opposite game. Game will shortly be on!!
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