is it a hold or a sell?, page-50

mithril re "A is more advantaged by short sellers ..". My example was over-simplified. Yes, A gets an advantage, because they get money from the short-seller while their own money is still aiming to benefit from a longer term share price increase. The other holders of shares are the ones that are disadvantaged.

I know that markets are volatile, and people buy and sell for all sorts of reasons other than intrinsic value, so price often goes a long way away from intrinsic value. That is all normal market activity and normal market risk. But I think that selling shares that purport to be part of a company's issued capital but actually aren't, is a step too far.