It will not stop worthless stocks from going further down but it will put an end to self fulfilling prophesies.
Who wants to go with me and force them to U-turn this stupid decision. These guys are stupid !!! Look at what happened during UK banks rights issues in summer !!! Anyway this only serves to sharpen our resolve, SHORT SELLERS OF THE WORLD UNITE, WE HAVE NOTHING LOSE ! 25 The North Colonnade, Canary Wharf, London E14 5HS P.S. I hope we get another rally to short into Anyway we still have South African equities and Eastern European currencies to attack, plus the ever silly Argentina
ps- tell darlings mate brown- he did a great job of selling all the british gold reserves at a all time low
Interesting experiment now - how the FTSE 100 will perform compared to the S&P 500 until January, with the lack of shorting.
The temporary US ban on short selling, in 19 financial stocks, worked in the summer. BOA rallied 50%.