“Back in August 2011 Europe ushered in the totally idiotic idea of reinstating a short selling ban in financial stocks. We predicted at the time that the result would be a sheer disaster: “To those who may have forgotten, on September 18, the SEC banned the shorting of all financials here in the US. Below is a chart of the carnage that ensued… The same chart is coming to Europe first. ”
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Someone should do a study showing the frequency and severity with which stocks selloff after these shorting bans are put into effect.
would be a good study. get your type 5 freak on….