WkEnd Buzz word$: Short Selling Ban Topic (Here we go again)
OMG~~~How they seem to like to try REPEATERS! Articles are out from most everywhere on this subject, and you can make the choice from links which may provide the best read, or read all in full IMO. Quite simply, most are of the same basic opinion…It didn’t work last time so why oh why go back there? The issue seems to be front and center on the HOT burner with no exact answers yet what changes will be made this time~How about we start with some fitting music from ~ The Wizard of Oz-If I Only Had A Brain
Short Selling Ban Links w Snips
Banning Short Selling
==>”Of all the anti-free-market proposals out there, turning equities into a one way bet is by far the least defendable, most ignorant, most damaging to the markets we have seen.”
==>”Here is a chart of the S&P500, showing when the ban went into effect and the subsequent result. The ban did not cause the sell off, but it removed natural buyers from the process that could have cushioned the blow:”
via StockCharts.com
S.E.C. May Reinstate Rules For Short Selling Stocks
==>Now short-sellers, the market skeptics who correctly called last year’s downturn, are coming under even more unwanted scrutiny, this time from federal regulators. The Securities and Exchange Commission appears poised to reverse itself and reinstate rules that would make shorting stocks— that is, betting their prices will decline — somewhat more difficult.
Whether the S.E.C. will go far enough to satisfy the many critics of short-sellers is far from certain. The controversial role of these investors has divided not only the financial industry, but also federal regulators. As the S.E.C. considers its options, the debate is heating up.
==>”The rooster crows at the crack of dawn every day and the sun comes up. The sun does not comes up because the rooster crows, no matter what the ABA says”
==>”Citigroup is blaming shorts when the short interest is under 3%. That’s ridiculous. If Citigroup does not understand this, it is a sign of incompetence. If Citigroup does understand how ridiculous their claim looks (and is), that is additional support for the desperation thesis”
