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| Date: |
17 Jun 2008
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| Name/Email: |
Short Roger ()
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| Company: |
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| It's up to David Einhorn if he wants to go short on Lehman Brothers and it's up to UK investors if they want to go short on Bradford and Bingley. If someone things they've made a mistake, it's also up to them to go long on the same stocks. It is not up to the FSA to try and sort this out. |
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| Date: |
17 Jun 2008
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| Name/Email: |
Gforce ()
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| Company: |
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| Being short of a stock doesn't mean it will automatically fall. For this to happen you need incompetent management and/or poor market conditions and in Hbos/BB/BS/Lehman it certainly was the case.
As you say above it's a move to distract from the real issues. There didn't seem to be any problem last year when false takeover rumours were boosting 'longs' and providing bumper bonuses for ceos. Funny that! |
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| Date: |
17 Jun 2008
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| Name/Email: |
Mondeo Man ()
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| Company: |
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| If the FSA is willing to take such ridiculous action to keep the financial system afloat, just goes to show what a disastrous state we're in. |
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| Date: |
17 Jun 2008
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| Name/Email: |
Short fuse ()
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| Company: |
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| What's wrong with short selling apart from that it might force the share price of a teetering bank below the price at which the tottering wreck is trying to screw more money out of shareholders. Is this such a crime? If short selling is based on the subjective analysis of factual data (ie not secret info) there's surely nothing wrong. This is how markets work - or, in the case of London, worked.
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| Date: |
17 Jun 2008
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| Name/Email: |
barclays sucks ()
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| Company: |
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| go short of barclays and get john varley and his team of cronies fired
GO DIAMOND GO. |
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| Date: |
18 Jun 2008
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| Name/Email: |
Short boy ()
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| Company: |
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| Whats the worst that can happen - underwriting banks get stuck with a load of unsaleable stock after the rights issue goes tits up? Oh dear. |
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| Date: |
18 Jun 2008
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| Name/Email: |
Eugenics ()
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| Company: |
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| Short sellers are a blight on the market and should be put out of their misery. |
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| Date: |
18 Jun 2008
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| Name/Email: |
Horatio ()
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| Company: |
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| Need to speed up the rights issue process, rather than slapping controls on short sellers. |
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| Date: |
22 Jun 2008
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| Name/Email: |
Zcar ()
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| Company: |
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| What's outrageous about this particular case is that the FSA is blatantly acting in the interests of HBOS. What does it say about the viability of the UK's biggest mortgage lender if it needs the regulator to take such rash action on its behalf? |
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| Date: |
22 Jun 2008
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| Name/Email: |
Sylvester ()
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| Company: |
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| This rule is bad, but the FSA's threat to limit stock lending during future rights issues is infinitely worse. It's time to depoliticise the regulator and to get it to stop poking its nose into things it frankly doesn't understand. |
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| Date: |
24 Jun 2008
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| Name/Email: |
Shorty ()
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| Company: |
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| As HBOS has amply illustrated, the FSA's new rules do absolutely jack to discourage short selling. In fact, given Lansdowne shorting them, I might just do the same myself. |
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