US Authoritarianism

1080 readers

7 users here now

ChonkyOwlbear is an Illegitimate Usurper

There's other groups and you are welcome to add to them. USAuthoritarianism Linktree

See Also, my website. USAuthoritarianism.com be advised at time of writing it is basically just a donate link

Cool People: [email protected]

founded 1 year ago

MODERATORS

ChonkyOwlbear

829

Stock Buybacks (lemmy.world)

submitted 9 months ago by alphanerd4 to c/usauthoritarianism

72 comments fedilink hide all child comments

read more here

you are viewing a single comment's thread
view the rest of the comments

[–] Lemming6969 15 points 9 months ago (1 children)

It's not the same. In one case you actually buy a stock and hold it because you believe it will go up. You are free to sell if you think it'll go down. On the other side you must borrow a share and sell it with a promise to buy it back in the future. The outcomes and mechanics of them are not equal but opposite, and shorting has many pitfalls, is damaging to the market, damaging to bid/ask, a conflict of interest for institutional lenders, and a number of other issues.

[–] [email protected] 3 points 9 months ago

We shouldn't live in a society based on the random walk of some loosely couple indicator of some arbitrary entities. No shorts bc no stocks.