They just banned short selling in US

Quote from chipmunk:

Bollocks!

I shorted ERTS,BTU last wek no prob's.

Nice profit by the way as well :-)

Get your facts right....
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can i ask u the name of your online broker?
 
You can short all you want, except the 800 plus financials, and then that ban will come off in 2 weeks.

You need to get a firm locate, and you can't go on with David Faber and tell lies.

You can't naked short although they are still doing it. You couldn get boutght in at any time. You also could get in some real shit.

Gee. Go figure. Rules. who'd a thunk?
 
you know it's the financials they have stopepd shorting on....so why do peope go arond saying "you can't short?"

Crumbs people....you have to get your facts right!
 
Quote from flytiger:

You can short all you want, except the 800 plus financials, and then that ban will come off in 2 weeks.
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Have the morons officially extended the no short period?
 
Angrycat,

I have no problem with any particular security (ies) going to zero, unless allowing it would cause a domino effect that can have catastrophic ramifications on the entire system. I believe this is one of those times.

I don't smoke.

nitro
Quote from Angrycat:

Nitro, if Zero is the right price for a security, then why should it be prevented from reaching zero? If you think it shouldn't be zero, then buy it. Short interest was only 6% in the 799 that were put on the short ban list. Explain to me how that tiny amount of short interest could drive the stocks down? The ban was a political move so that Coxucker could hold on to his job.

Of course, the ban was so broad that anyone could get on the list (Zales? Really?!). Would it shock you to know that companies hopped on the list just before slashing their earnings outlook? And the ban was supposed to STOP market manipulation? What are you smoking?
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