Actually, the so-called 'circuit-breaker' is little more than a 'short-appeaser'. Such a mechanism allows a stock to be shorted down as much as 20% on a given day before a 3-day trading hiatus kicks in. Shorts can gouge out up to 20% before the circuit breaker kicks in. Why should this be permissible? Over 5 trading days of continuous assault, a stock could be decimated. If the stock is only shorted down to 19% on a given day, no 'circuit-breaker' activates. This is not acceptable. The SEC must ban shorts now in line with major European partners. It's time for longterm investors to have their investments protected and for companies to be valued for their fundamentals, not devalued via lies and innuendo.
Let's stop the shorts in their tracks BEFORE they decimate another business. Cox, get some balls and ban them, just like the UK and many other countries did.
Latest On Hedge Funds, Banks And Bailouts [Housing Tracker] [View article]
I have NO sympathy for the manipulative hedgefunds and disloyal shorts who've caused a run on the banks. The SEC needs to grow some gonads and get these people. Good riddance!
So the Perpetrators Are Now Our Saviors? [View article]
Cuomo in NY is investigating the likelihood that CDS market was manipulated by hedges colluding to weaken the apparent creditworthiness of financials. Could this have happened to many of the banks in peril, or is this unrelated?
Fear and Greed: Premise for Capitulation and Overreaction [View article]
Let's have some discourse on just why the various countries have banned short-selling if it is so beneficial in terms of reduced volatility, establishing fair values, etc., etc.
Fear and Greed: Premise for Capitulation and Overreaction [View article]
wpdragon, If the gov't makes no distinction between the damaging potential of short sellers vis-a-vis naked shorts in banning them both, why should I have to be concerned with what is, perhaps, not much more than a semantic distinction?
Both types of shorts are pernicious and create very negative financial 'karma' in the market and must be tightly regulated, if not outlawed, to create a positive, and growing, market.
Enough of these negative types spreading rumors and hoping that particular stocks, and possibly the country, fail just to maximize their short returns.
Combating Cascading Short Spirals [View article]
Such a mechanism allows a stock to be shorted down as much as 20% on a given day before a 3-day trading hiatus kicks in.
Shorts can gouge out up to 20% before the circuit breaker kicks in. Why should this be permissible? Over 5 trading days of continuous assault, a stock could be decimated.
If the stock is only shorted down to 19% on a given day, no 'circuit-breaker' activates.
This is not acceptable.
The SEC must ban shorts now in line with major European partners.
It's time for longterm investors to have their investments protected and for companies to be valued for their fundamentals, not devalued via lies and innuendo.
Can the Banking System Handle Huge New Write-Downs? [View article]
Most folks knew full well what they were getting into and welcomed the chance to get a mortgage.
Combating Cascading Short Spirals [View article]
Cox, get some balls and ban them, just like the UK and many other countries did.
Paulson in a State of Panic [View article]
They destroy companies and the economy.
Latest On Hedge Funds, Banks And Bailouts [Housing Tracker] [View article]
Fannie and Freddie Did Not Cause This Crisis [View article]
It's a classic. Can't you people see?
Fannie and Freddie Did Not Cause This Crisis [View article]
Fannie and Freddie Did Not Cause This Crisis [View article]
www.deepcapture.com/th.../
So the Perpetrators Are Now Our Saviors? [View article]
See this article:
www.efinancialnews.com...
So the Perpetrators Are Now Our Saviors? [View article]
That is a hell of a lot different from saying they have NO value as is alleged by the shorts who basically caused a run on the banks.
Hence, WB is fetching a fine price today and the shares are jumping.
Now it's time to look at FNM and FRE with a fresh eye.
Remember, most of their mortgages were originated WAY before this valuation issue was trumpeted by the buglers of doom.
Fear and Greed: Premise for Capitulation and Overreaction [View article]
news.yahoo.com/s/nm/20...
Fear and Greed: Premise for Capitulation and Overreaction [View article]
Anyone?
Fear and Greed: Premise for Capitulation and Overreaction [View article]
Both types of shorts are pernicious and create very negative financial 'karma' in the market and must be tightly regulated, if not outlawed, to create a positive, and growing, market.
Enough of these negative types spreading rumors and hoping that particular stocks, and possibly the country, fail just to maximize their short returns.
Yeah, I pissed off about what they've done.
Fear and Greed: Premise for Capitulation and Overreaction [View article]
I encourage interested investors to contact their representatives and the SEC regarding continuing a short selling ban.
Further, the SEC should publish shortsellers short lists under the freedom of information act and put a robust uptick law in place, now.
How Much Are Fannie and Freddie to Blame? [View article]
Let's not forget his bonus.
Couldn't that have been a tiny factor in all this?
Hopefully, the FBI can get some of that money in a nice clawback of sorts.