I found this Bloomberg special report video on short selling. As
we have all heard SEC is cracking down on short selling. After
watching this 25min. bloomberg video all I can say is wow
interesting. I will let you all decide as I found it
interesting.
Posted by dodgerdog on 3rd of Aug 2008 at 07:33 pm
Chris - thanks for the post. The practice of Naked
Shorting is becoming a major concern of mine. This simply
cannot stand - the growth of America resides with small companies
and unfortunately these are the prime targets of Naked Short
Sellers. Please realize that I have no problem with
shorting when they are able to deliver the shares. This is
being done in a stealth manner by many players all over the world
and until someone is prosecuted to the fullest extent this practice
will continue. The big brokerages are heavily involved in
this scheme and I will rejoice when they are finally brought to
justice.
Bloomberg - Short Selling Video
Posted by cspirit on 3rd of Aug 2008 at 10:47 am
I found this Bloomberg special report video on short selling. As we have all heard SEC is cracking down on short selling. After watching this 25min. bloomberg video all I can say is wow interesting. I will let you all decide as I found it interesting.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
Chris - thanks for the
Posted by dodgerdog on 3rd of Aug 2008 at 07:33 pm
Chris - thanks for the post. The practice of Naked Shorting is becoming a major concern of mine. This simply cannot stand - the growth of America resides with small companies and unfortunately these are the prime targets of Naked Short Sellers. Please realize that I have no problem with shorting when they are able to deliver the shares. This is being done in a stealth manner by many players all over the world and until someone is prosecuted to the fullest extent this practice will continue. The big brokerages are heavily involved in this scheme and I will rejoice when they are finally brought to justice.
naked shorts
Posted by bosscanuck on 3rd of Aug 2008 at 09:13 pm
Dodger, They mentioned ETF's in the video. Is any security imune to naked shorts selling.
So the banks and the brokers are getting creamed by their own game? Maybe it really IS time to buy the banks?
How Does it affect us, in your opinion?