Well, you tell me: Germany is banning short selling, yet again.
Remember what happened to stocks the last time short selling was banned, back in the old “credit crunch” days?
In my estimation, this is an act of desperation, as the wolves circle the EU, taking chunks of flesh out of the PiiGS. As a result of this ban, expect market dislocation and a “no bid” market to ensue. Remember, short sellers provide the market with liquidity. Without them, well, you get “fuck you, you’re dead” market declines.
Expect some really fucked up news to hit the wires shortly. Either way, the euro is getting raped on this news.
UPDATE: I bought 10,000 [[FAZ]] @ $14.85
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shouldn’t the Euro bounce on this?
ROFL. WHY?
We’re going to bounce because Goldman steals my tweets.
They didn’t call euro 1.35 as a target until 2 days after I did.
Yes, Im 500 pips early on my cost average.But am i really underwater? Or am I merely a fashionably early ironic hipster?
The dollar will gap down 1000 pips in a 1 minute trading bar—sometime soon. Im not capitulating until I see Jay-Z flashing Deutsche Marks.
It was Irony…just like the Trill was supposed to bounce it…
Hold me
Dude… It is NOT BANNING Short Selling… It is banning of NAKED short selling. And the banning CDS without bonds.
So PLEASE correct it!
http://www.n-tv.de/wirtschaft/Bafin-verbietet-Leerverkaeufe-article878635.html
Shut up. Same sentiment.
Not it’s not.
C.Gross….Click the link to the Reuters article he posted in the blog, it has the specifics…and we already talked about it being naked 2 blogs or so ago…….It’s what happens next which is so interesting…..fwiw, even though ZEW didn’t hit as low as whisper last night, it did fall below Analyst Estimates which imho surprise the lame German Govt and they know with Santa China slowing it’s only going to get worst…….
How can anyone really ban naked short selling when George Soros co-owns the DTC (aka “Cede & Co.”), which is the branch of the Federal Reserve that counts the stock certificates, to ensure only shares that are held are being shorted. Good old Soros gets a % commission on every short stock certificate — real or imagined — that passes through the DTC.
We all know Soros would never give this up.
Naked shorts bend over for some FAZolene.
LMAO!
fuckin’ fuckery, is all.
The action in the credit card companies is HORRENDOUS.
Sugar is up 6%. FaLOLfels all around.
Borrow or no borrow, the effect is the same; bail on equities and sell euro.
VXXmobile zipping along nicely today.
Jesus holy christ fly buying FAZ means its time to head for the hills?
Despite occasional good things, Germany remains an idiotocracy not really knowing who or what they want to be. Too many actungs have Merkel with a serious case of spätzel vision.
Its ON baby. Long VXX and KSS and CASH.
Why KSS you ask, you did, I heard you? Because my wife shops there, naturally, that alone will ensure some good biz.
FAZmobile! I thought the Fly swore off such egregious murder machines.
Going for a spin.
I’ve taken it for a spin a few times over the last week and like me, I think you’ll be pleased with the 2010 model.
LE FLY JUST ENTERED THE FAZMOBILE.
With Devil Dog riding bitch.
FAZ buy reflects Meredith Whitney’s position on banks:
Investors Should Avoid Banks ‘At All Costs’: Meredith Whitney
http://classic.cnbc.com/id/37195213
VXX approaching FLASH CRASH highs, despite being 600 points higher on dow. COUNT MY WINS.
Added to VXX 15 minutes ago: FYI
FXE collapsing. Are things really that bad? No worse.
Euro is now in spastic retard territory.
As is the dorrar.
______
The Germans are coming sell everything they are going to fuck everyone hard in the ass just how they like it.
Fukcing krauts!
“they are going to fuck everyone hard in the ass”
I thought that was the Greeks.
With Germans, it’s a chick wearing a strap on that does the actual deed.
WTF happened to the mkt ?
Germans ban nekkid short selling……that still means you can short with a borrow which should mean that the short sellers can provide liquidity no?
Euro zone should be renamed to fairy land.
My EURUSD target 1.1700. Went short at 1.2430.
It’s been well over a year since I’ve take the FAZmobile for a ride.
The video speaks for itself:
http://www.youtube.com/watch?v=Z8Vo-yvtwpg&fmt=18
Is the illegal shorting of penny stocks going to be discontinued on the anonymous Xetra ECN in Germany, I wonder? How will the market makers ever be able to manipulate the market?
yeah right…those criminals will keep shorting small caps…..had one go to zero thanx to a listing on the german stock exchange
The EUR is getting destroyed
I just went to my local Chinese for take out.
I ALWAYS get tofu but today for the love of cows I ordered beef and, I swear, I taste dog, or at least what I think Rover would tastle like.
*&^%%&$^%$%#
At least it’s not fetus.
I think.
*^%&$^##%@#$@$#@
Go VXX
Go Fly
If you are feeling bad you should listen to the latest Adam Corolla podcast – Hot Chicks With Douchbags
http://bit.ly/c2aZRA
You will feel better while your portfolio is being decimated by the fuckery.