International short-ban thread

[turdlehead]

Canada
http://www.financialpost.com/most_popular/story.html?id=808295

Australia
http://www.theaustralian.news.com.au/story/0,25197,24380714-30538,00.html

Germany
http://www.reuters.com/article/euIpoNews/idUSLJ8304820080919

Taiwan
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSTP9840320080921

Dubai
http://www.arabianbusiness.com/531670-dubai-bourse-chief-calls-for-end-to-short-selling?ln=en

France, Portugal and Ireland
http://www.reuters.com/article/marketsNews/idUSLJ34096520080919

USA and UK
Crawl back under your (northern) rock if you need links.


Please add, remove, or clarify as needed.

 

[alientrader]

Monkey see Monkey do

 

[osorico]

Quote from alientrader:

Monkey see Monkey do

Waaaayyyy more than monkey see, monkey do...
The words insidious, ominous, of jurassic proportion, and untold, come to mind.

Wake the fuck up!!
Osorico

 

[osorico]

Considered "illegal" prior to the worldwide ban...
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates (UAE). Known as GCC countries

http://www.thenational.ae/article/20080921/BUSINESS/667740393/-1/NEWS

 

[osorico]

The Netherlands

http://www.iht.com/articles/ap/2008/09/21/business/EU-Netherlands-Short-Selling.php

 

[osorico]

Eqypt...
short-selling DEBUT!!

http://dailystaregypt.com/article.aspx?ArticleID=16624

 

[sprstpd]

Wow, looks like I have to move to France or Egypt to trade freely. Who would of thunk it?

By the way, the fact that every country is doing this means that every country does not want true price discovery. And that can only mean one thing - that these stocks are still all extremely overvalued. Tankage ahead.

 

[osorico]

Quote from sprstpd:

Wow, looks like I have to move to France or Egypt to trade freely. Who would of thunk it?

By the way, the fact that every country is doing this means that every country does not want true price discovery. And that can only mean one thing - that these stocks are still all extremely overvalued. Tankage ahead.

Agreed. But I am afraid this is part of a deal for the foreign banks. One hand washes the other. Perhaps to thwart repatriation??

Paulson says foreign banks can use US bailout funds!...
http://www.iht.com/articles/reuters/2008/09/21/business/OUKBS-UK-FINANCIAL-BAILOUT-PAULSON.php

 

[osorico]

Netherlands update...
3 month "naked" short ban on financials, not shorting et al.

http://www.guardian.co.uk/business/feedarticle/7815585

 

[yayt]

Pakistan