Loading ...How come the these banker bozos never came up with a Naked Long stock position idea. You get all the shares you want, even tho you don’t have any money or credit, and when the share price goes up, the broker gives the investor just the profit?
If the stock goes down, the investor can just hold forever until he finally sees a profit. Then sell the phantom shares. I hear there is no time limit on a short position. People can be long term short, so you can hang on.
I’ve heard of that with houses, 105% mortgages. That looks like naked long to me. The banks should come up with naked short thing on housing as a hedge to over ride their next housing price crash. Especially for retail stores and shopping malls.
But I guess they depend on taxpayer bailouts if they lose.