Discussion in 'Trading' started by millionaire7, Sep 19, 2008.
Is this ban on shorting financials temporary. If so how long.
From what I understand, 10 days and then they have to option to extend it for another 20 or 30 days or something like that.
GE just asked to be added to the banned short sale list.
I cannot believe this market anymore, this is just getting to F$%ked up, I mean what is going on here.....Im telling you this is going to bring on great problems in our economy, anyone who thinks this is a great move is crazy.
What a ridiculous government biased action! This is completely against free market philosophy. The US government is becoming a dictator. "I want it goes up, so don't SELL, but BUY!".
A ban on short without prior borrowing makes sense, but not a complete ban like that.
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