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Short selling ban update: SocGen's (SGLY.PK) performance since the introduction and then...

Short selling ban update: SocGen's (SGLY.PK) performance since the introduction and then extension of the ban. Both moves were good for a pop, but the shares - off 8% today to a new 52 week low - are going to go where they're going to go.
Comments (2)
  • kmi
    , contributor
    Comments (4079) | Send Message
     
    Interesting, if 'shares are going to go where they're going to go' is that not supportive of short sell bans? Or at least does it not render the point moot?
    5 Sep 2011, 10:07 AM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    No short squeeze possible to help bring in new buyers. Short bans are never ever a good idea - just a knee jerk reaction from desperate politicians to do "something".
    5 Sep 2011, 12:57 PM Reply Like
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