Breaking News: SEC FINALLY Bans Naked Short Selling - Flytiger Vindicated

Hopefully, a harsher one will replace it. When enough people catch wind/become aware of these practices, things change.

I have to admit that I didn't know about it, and i thought i was knowledgeable about the markets!

Awareness and the desire for something different are the seeds of change.
:cool:
 
Frankly, I don't care if they have to ban all shorting , and make all the shorts cover at twice the last trade price, in all shares.


It's your country. Many of you speak as if this was happening on another planet.

Do you hate yourselves so much, you are taking pleasure in this catastrophe?

See a shrink soon.

Hong Dong down 1300 tonight. But you get a free fortune cookie on your way out.
 
Big money does strange things to people who aren't used to it - same as alchohol and drugs.
Happy tightknit families often fall apart after a bereavement and the " goodies " are divided up.
A large proportion of big winners on the lottery go crazy and kill themselves with drink, drugs, fast cars, fast women etc etc. So it probably aint all its cracked up to be in one's dreams.
The dream is nice tho
Mustn't get depressed
See ya gotta a serious side too Flybuttons LOL
:D
 
Quote from nkhoi:

``There is no rational basis for the movements in our stock or credit default spreads,'' Mack wrote in the memo. ``We're in the midst of a market controlled by fear and rumors, and short sellers are driving our stock down.''
-John Mack, Morgan Stanley's chief executive officer.
More...

John Mack is a fraud. Now, his empire is in disarray, so he cries to his representatives. We did that, and they dragged their feet for three years, and where are we? He backed Bush, shoved it up Geo's ass, and now he backs Obama. Would you have a friend like that?

I know very few here do any digging, but I gave you a link showing the SEC IG is investigating him again. If you would look at Aguirre's thwarted investigation of Mack, you'll see how the SEC really works. I would suggest you read OSTK press release very, very closely for what's coming. He is more powerful than anyof you can possibly believe.

MS an GS up a minimum of 25 % before Friday. Now excuse me, I've got fish to fry. 7, watch your PM.
 
Quote from flytiger:

Another post filled with pertinent facts. You'll make a great old man, writing to the OpEd page if there are any newspapers left, grumbling that the garbage trucks make too much noise when they rumble down your street.

And you don't know me. It's MISTER Moron to guys like you.
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Listen little boy, I'm 44 and been in the business for over 25 years, you have no clue what your even talking about.

Your a communist, not an American.

20 years ago they would have locked you up for even suggesting what you are.

Mr. Moron !
 
"John Mack is a fraud."

I thought you would be pleased. He's an ally, fighting the righteous fight against short sellers.

Some people who complain about shorts are frauds?
 
Quote from sumosam:

Hopefully, a harsher one will replace it. When enough people catch wind/become aware of these practices, things change.

I have to admit that I didn't know about it, and i thought i was knowledgeable about the markets!

Awareness and the desire for something different are the seeds of change.
:cool:
More...

I am very curious. Armed with this new information, how will this affect your trading?
 
Quote from Joab:

Listen little boy, I'm 44 and been in the business for over 25 years, you have no clue what your even talking about.

Your a communist, not an American.

20 years ago they would have locked you up for even suggesting what you are.

Mr. Moron !
More...

When did enforcing delivery of contractual obligations become communism? :confused:

Preventing this corruption restores free access to the capital markets.
 
Quote from nutmeg:

"John Mack is a fraud."

I thought you would be pleased. He's an ally, fighting the righteous fight against short sellers.

Some people who complain about shorts are frauds?
More...
'Righteous fight" ? really. why don't u find out the importance of unshackled short selling in price discovery ie correct pricing of securities.
 
Very good point. Nobody is lobbying against short selling shares but the shares need to be avaible for borrow. Since when can someone buy shares without paying (not talking about leverage here). On the same token whoever shorts shares needs to deliver them by the settlement date. Regretfully, some in their unquenchable greed must have forgotten about this. Enforcing this rule indeed promotes the wellbeing of the free financial markets rather than letting some outlaws rage the system.


Quote from euclid:

When did enforcing delivery of contractual obligations become communism? :confused:

Preventing this corruption restores free access to the capital markets.
More...
 
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