May 20, 2009
This shouldn't take months to figure out....
I own a share of stock....I paid for it.....NO ONE gets to "borrow" my shares...
If companies go bad...it is the common shareholder that loses first I don't want people "borrowing" my shares, program trading and short selling its value just to destroy the company and make their short position whole.
Puts have a premium price to play the game...why should they borrowing mine for free with the purpose of destroying my investment.
Allowing them to borrow and drive down price..it allows them to steal all equity in the company before they ruin it.. It undermines my investments, it undermines creditors in bankruptcy..it undermines our country..
They have turned the game into destroying American buisiness for profit..They have ruined the credit markets..
Just do what is right and stop this negative plague in the "markets"