Sabtu, 02 Juli 2011

who bought whom?

traders lie

when they say

"i have bought so and so shares"

or

"i have shorted so and so stock"

in reality

the trader has not bought the shares

the shares have bought the trader.


the trader has not shorted the stock

the stock has shorted the trader.



this is the only explanation that can be given

to justify the trader behaviour

when he keeps clinging on to

a sinking stock

unless ofcourse,

like the captain of a sinking ship

he is the promoter of the company.

(even promotors these days

are found to have "pledged out"

their stake!)

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