They just banned short selling in US
- Thread starter nitro
- Start date
MMs have to fill out a form every day answering the following questions on their equity short sales:
How do you plan to cover? Did you cover? What price did you cover? What time did you cover?
This has to be sent to the NYSE, CBOE, MERRILL and SEC. It is a major pain in the ass. I doubt they even read it.
nitro
How do you plan to cover? Did you cover? What price did you cover? What time did you cover?
This has to be sent to the NYSE, CBOE, MERRILL and SEC. It is a major pain in the ass. I doubt they even read it.
nitro
Quote from nitro:
MMs have to fill out a form every day answering the following questions on their equity short sales:
How do you plan to cover? Did you cover? What price did you cover? What time did you cover?
This has to be sent to the NYSE, CBOE, MERRILL and SEC. It is a major pain in the ass. I doubt they even read it.
nitro
They read it.
Quote from nitro:
MMs have to fill out a form every day answering the following questions on their equity short sales:
How do you plan to cover? Did you cover? What price did you cover? What time did you cover?
This has to be sent to the NYSE, CBOE, MERRILL and SEC. It is a major pain in the ass. I doubt they even read it.
nitro
Just for short sales on the restricted list or short sales on everything?
wow seems this no shorting rule has helped. biggest dow move down yesterday. bankrupt WB and WM,
SOV and NCC in the $1 range yesterday.
who will they blame next?
frankly im so happy that the market has come in so hard, VIX at highs while short interest getting lower. cant blame short sellers anymore
SOV and NCC in the $1 range yesterday.
who will they blame next?
frankly im so happy that the market has come in so hard, VIX at highs while short interest getting lower. cant blame short sellers anymore
look at this HIG today not shortable either, does not seem to matter, 17 points down
so what is everyone's consensus...we can't short.....so monday's drop must have been massive fund liquidation????? in my opinion that type of price action seems worse than naked shorts just hitting the bid trying to make the quick buck....afterall, sell side liquidation doesn't need to cover, a naked short still needs to buy to lock in that unrealized gain....
Does anyone think the ban will be lifted?
It has added incredible volatility to the up and downside - great for traders. Not really restoring confidence to investors. How can one invest in a market moving multiple percentiles daily?
I'm loving the volatility - crazy up & down exaggerated moves. Almost every stock I watch has 5% moves daily if not hourly.
Was originally against it, now I hope it gets extended.
It has added incredible volatility to the up and downside - great for traders. Not really restoring confidence to investors. How can one invest in a market moving multiple percentiles daily?
I'm loving the volatility - crazy up & down exaggerated moves. Almost every stock I watch has 5% moves daily if not hourly.
Was originally against it, now I hope it gets extended.