Morgan Stanley: Exploding the Short-Seller Myth [View article]
As usual this piece of legislation is a day late and a dollar "short". It would have been useful a year ago. $100 stocks have been ridden down to $1 stocks and now we're worried about the shorts, the money's been made. Honestly, even without the short rule if you are still short banks in light of a historical bailout you are either blind or a moron. besides banks tomorrow, what will rise faster a barrel of oil or a cup of sbux? Let's ask the bank shorts, they know how to make money.
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As usual this piece of legislation is a day late and a dollar "short". It would have been useful a year ago. $100 stocks have been ridden down to $1 stocks and now we're worried about the shorts, the money's been made. Honestly, even without the short rule if you are still short banks in light of a historical bailout you are either blind or a moron. besides banks tomorrow, what will rise faster a barrel of oil or a cup of sbux? Let's ask the bank shorts, they know how to make money.
Sep 21 13:17 pm
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