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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