Friday, September 19, 2008

What the ???

Short selling banned? What a freaking joke.
Like it was short sellers who should be blamed for the demise of BSC, LEH, FNM, FRE, AIG, etc and etc...
Tim Knight says it better here.
Btw, it worked so well the last time for those 19 financial stocks!

Maybe reviving the uptick rule would be a better starting place but an outright ban on shorting these stocks is ridiculous.

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