The French short-selling ban applies to 11 of its banks and insurance companies and lasts for 15...


The French short-selling ban applies to 11 of its banks and insurance companies and lasts for 15 days. Included: Axa (AXAHY.PK), BNP Paribas (BNPQF.PK), Credit Agricole (CRARY.PK), Scor (SCRYY.PK), and Societe Generale (SCGLY.PK). (PR) (earlier)

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Comments (8)
  • Bouchart
    , contributor
    Comments (1160) | Send Message
     
    If I owned any of those companies I'd sell right away, based on this news.
    11 Aug 2011, 05:34 PM Reply Like
  • Positive Equity
    , contributor
    Comments (476) | Send Message
     
    Seems we have a broken market in France.
    11 Aug 2011, 05:41 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    That's very bad news for bulls.
    11 Aug 2011, 05:44 PM Reply Like
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    I'll just go ahead and end this BS for everyone. The way around this is very simple, tell us we can't sell short, fine then, we triple or quadruple our puts AND calls.

     

    That's how they get around that. So, watch p/c volume go through the roof, and watch those stocks go down. If they want to stop the selling, the only way is to halt the stock.

     

    Shades of Lehman...
    11 Aug 2011, 05:54 PM Reply Like
  • wyostocks
    , contributor
    Comments (9115) | Send Message
     
    This stupidy really helped out Bear and Lehman, didn't it?
    Only will prolong the agaony and aid the demise.
    11 Aug 2011, 06:07 PM Reply Like
  • catamount
    , contributor
    Comments (388) | Send Message
     
    "agaony"?

     

    RAWR!

     

    i totally hate that stuff, bro.
    11 Aug 2011, 08:52 PM Reply Like
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    Same drill as 09, but in europe instead of here. Slow down the decline until the end of the month when the crap gdp comes out, and the jack hole spew from Ben. Two weeks. Labor day may take on a whole new meaning after this.
    11 Aug 2011, 06:30 PM Reply Like
  • coddy0
    , contributor
    Comments (1199) | Send Message
     
    Stoploss
    Same drill as 09..................
    ======================...
    I is not unthinkable to hypothesize that politician's instincts evenly reliable as instincts of Pavlov's dogs, while their abilities of bringing beacon to home is incontrovertible superior to those of canines'
    11 Aug 2011, 08:30 PM Reply Like
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