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A comment on Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation. Parent comment
Most companies decide to make their shares fungible, because they want them to be readily tradable.
But there's no one forcing anyone here. Companies and investors could agree to shares with particular serial numbers.
It's just so much more convenient to have fungible shares, that this is where all the capital goes.
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Most companies decide to make their shares fungible, because they want them to be readily tradable.
But there's no one forcing anyone here. Companies and investors could agree to shares with particular serial numbers.
It's just so much more convenient to have fungible shares, that this is where all the capital goes.