Tue, Oct 21, 2014, 1:28 AM EDT - U.S. Markets open in 8 hrs 2 mins

Recent

% | $
Quotes you view appear here for quick access.

Potash Corp. of Saskatchewan, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • megastone12 megastone12 Sep 20, 2008 6:17 AM Flag

    Short selling ban will make things worse

    you can stop the broker from lending your stock by placing a sell order say at a50% premium to todays price The order to stay in place until revoked. The broker cannot then lend your stock. You can then increase the price as the stock appreciates.

    You should also lobby mutual funds and pension schemes to stop them lending your shares.

    I agree with you that short selling is a scam.

    In the UK there are report that the hedge funds have threatend Indurance companies that if they do not lend shares in their protfilio ( the pension holders protfolio) the hedge fund will sell the insurance company shares short.

    Note also that many hedge funds are off shore - and are funded in part at least by money from tax scams. UBS is now co-operating with the IRS to identify US citizens who have use the offices of USB to smuggle funds abroad. Rest assured they will be caught.

 
POT
32.51+0.59(+1.85%)Oct 20 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.