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- 9 November 2007
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no more shorts..NO,NO,NO,....whats going on!!!
ASIC bans all short-selling
ASIC bans all short-selling
Perhaps ASF should band together and try and sue ASIC or the ASX for 'lost income' and 'hardship'
Take all the gun traders here average daily earnings and say that this 1 hr lost cost $X amount equates to a total of X dollars, plus compo for hardship
Who's up for it?
Now they might say they saved you money you may have lost and charge you a fee for service. Isn't it common knowledge that there are more losers trading than there are winners. You may have to prove you are actually a gun trader and not one of the rest.
Now they might say they saved you money you may have lost and charge you a fee for service. Isn't it common knowledge that there are more losers trading than there are winners. You may have to prove you are actually a gun trader and not one of the rest.
Seems like us morons finally rule the world.
Definition of a moron: Someone with a different opinion.
page 1251:
mo-ron - n. 1. a person who is notably stupid or lacking in good judgement. 2. Psychol. a person of borderline intelligence in a former classification of mental retardation, having an intelligence quotient of 50 to 69.
Share market trading delayed
Posted 6 minutes ago
Trade has been delayed on the Australian share market this morning as more information is sought about the Federal Government's ban on short-selling.
The Australian Securities Exchange says it is waiting for further clarification from the corporate regulator, the Australian Securities and Investments Commission.
A temporary ban on short-selling of listed stocks begins today.
page 1251:
mo-ron - n. 1. a person who is notably stupid or lacking in good judgement. 2. Psychol. a person of borderline intelligence in a former classification of mental retardation, having an intelligence quotient of 50 to 69.
You would have thought that the government would have sacrificed their weekend to get to a conclusion tell the ASX and let the market open. Where they out enjoying the great weather?
You would have thought that the government would have sacrificed their weekend to get to a conclusion tell the ASX and let the market open. Where they out enjoying the great weather?
Well if you insist on lumping yourself in with the morons :
You have to wonder just how very worried they must be to do all this. Creating an artificial bull market should be interesting.
Or it's the last chance to sell?
\
You know.......it's the year 2008 and the Australian Stock Exchange are so breathtakingly dumb that they haven't even set up their web site to perform under load when it's most important that it does work.
Release the hounds......
Why? Well, SATAC (the SA site)said they were overwhelmed with numbers! WT, you didnt plan for that?
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