Wednesday, September 24

Bring On the Shorts

Bloomberg is reporting that 2 companies, Diamond Hill Investment Group and JMP Group Inc. have opted to let their shares be short sold. I know very little about these companies, but I do know that what they've done takes guts and is the truly moral thing for any company in their position to do.
The regulators are giving the financial companies unfair exemptions instead of letting the market run its course and are protecting the weak at the expense of the good. 
Congratulations to the leadership of these 2 firms in standing up for what capitalism is all about, free and fair competition with transparency and justice for all.

No comments: