Skirting the Short Rules -- again.........

Discussion in 'Wall St. News' started by flytiger, Nov 13, 2008.

  1. BASICALLY ANYONE THAT OPPOSES SHORT SELLING - NEEDS TO BLOCK OFF THEIR EMOTIONS AND STOP LETTING IT TAKE CONTROL....

    EMOTIONAL INTELLIGENCE IS THE MAIN FACTOR HERE.


    THE MEDIA NEEDS TO STOP ADVERTISING BUYING ONLY AND START EDUCATING THE AMERICAN PUBLIC.....


    ITS SAD THAT THE GENERAL PUBLIC WILL SAY.... THAT NOW IS A HORRIBLE TIME TO INVEST.....

    NOT WHEN YOU CAN SHORT EVERYTHING AND MAKE MONEY!!!!
     
    #11     Nov 14, 2008
  2. nickdes

    nickdes

    Quote from PortI385:

    Shortselling must be banned forever.
    --------------------------------------------------------------------------------




    While you are at it, ban going long also!

    Maybe you have not thought this through?
     
    #12     Nov 14, 2008
  3. jprad

    jprad

    There's no basis for that when stocks that weren't part of the ban dropped as much or more then the financials did.

    Once the institutional numbers start coming in for Q2 it's a good bet that they will support the theory that the market was hammered by massive margin calls and fund redemptions.

    (And, no, I'm not for banning short selling, it's needed to keep markets working orderly)
     
    #13     Nov 14, 2008
  4. MGJ

    MGJ

    Let's hope nobody reads any of the standard textbooks on options, or else they will find out about the godless and evil "synthetic short" strategy: Buy an at-the-money put and simultaneously sell an at-the-money call. This strategy, held to expiration, has the exact same payoff as shorting the stock, along with its own unique features
    • you don't have to wait for an uptick, AND
      you can do it "naked", BECAUSE
      you don't have to borrow the stock
    Have you ever hear of anything more evil and sinister and downright un-American? Write your congressperson and demand an immediate end to synthetic shorting! It threatens the very foundations of capitalism.
     
    #14     Nov 14, 2008
  5. The way I understand, the brothers who were fined re "reverse conversions" were fined for not acting as bona fide mm's in those transactions.

    Re the reverse conversion, It seems this transaction would have an effect on the price of options and only secondary or if it all a manipulative price on the underlying.
     
    #15     Nov 14, 2008