Toddo On TV: Exactly Who Was Shorting the Financials?

Minyanville Staff  Sep 22, 2008 12:15 pm

Toddo On TV: Exactly Who Was Shorting the Financials?
 
Markets, movers and more.
 

 
There may be more to the short sale ban than meets the eye. Sources are telling Toddo they're exploring the possibility of a coordinated effort from abroad.

Rate this article:  (0 Votes)
Comments (6) See All Comments »
09-22-2008, 2:46 pm
I was shorting the financials and I'm as American as baseball.

This sounds like an excuse for the knee-jerks to raise margin levels for traders. You know, do it in the name of patriotism.
Read More
09-22-2008, 6:55 pm
Maybe it was a coordinated effort to pick up assets on the cheap? If so, have they switched back to the long commodities play to drive the system under?
Read More
09-22-2008, 8:38 pm
Both GS and MS were beating the hell out of Lehman Bros, but once other shorters got wind of their problems, they cried foul. Paulson said stop from deep in the depths of GS's pocket.
Read More
09-22-2008, 9:15 pm
good points and we all agree shorting is not necessarily the cause of stocks going down. Longs can just decide to sell too. But heavy selling in a fragile market and big down days don't help the public mood or economic prospects, and let
Read More
09-22-2008, 9:27 pm
Mr. Harrison:

You know I love Minyanville dearly, but I expect better from you, spreading rumors like this.

We are all under great strain as we watch our market implode, but this is absolutely not the time to repeat hearsay
Read More
discuss this article and more on the mv exchange
No positions in stocks mentioned.

Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options.  Click here for a free 14 day trial to OptionSmith by Steve Smith.



The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2009 Minyanville Media, Inc. All Rights Reserved.

Ticker Talk
Popular Tickers:
SPX »AMZN »RIMM »
Select
  •  
Talk Now
Share this Talk on your site:
Send us your feedback

Our Professors

rss article alert