jksinvest

Naked Short Selling Ban

When short sellers attack a company that has publicly announced they will be needing to raise capital, it robs that company of the ability to get a fair price, and contributes to dilution and ultimately as in the case of FNM and FRE (and numerous banks) contributes to their demise. This is theft and corporate murder pure and simple. The London exchanges are moving to ban shorting during offering periods and so should the rest of the global exchanges.