BBY

[horsepwr]

Re: BBY

hmm. shorting stocks. That's a first for me too dave. Isn't that some shyt! You could mess around and make some buks if you had some real $ to mess around with. Like an online game or something. I've realized that it doesn't matter how bad the market is. The cats on Wall St don't go broke. At least the good ones.

[firstenrgy]

Re: BBY

this is what i was talking about

http://sec.gov/news/press/2008/2008-143.htm

SEC Enhances Investor Protections Against Naked Short Selling

Short sellers are necessary for the market. They tried to add all the bs about only being able to short on an uptick and look were it got them... nowhere. The article added the word naked which refers to selling options uncovered but it gives the title more bite.

[firstenrgy]

Re: BBY

and...
The securities identified in the Commission's order:

Company Ticker Symbol(s)

BNP Paribas Securities Corp. BNPQF or BNPQY
Bank of America Corporation BAC
Barclays PLC BCS
Citigroup Inc. C
Credit Suisse Group CS
Daiwa Securities Group Inc. DSECY
Deutsche Bank Group AG DB
Allianz SE AZ
Goldman, Sachs Group Inc GS
Royal Bank ADS RBS
HSBC Holdings PLC ADS HBC and HSI
J. P. Morgan Chase & Co. JPM
Lehman Brothers Holdings Inc. LEH
Merrill Lynch & Co., Inc. MER
Mizuho Financial Group, Inc. MFG
Morgan Stanley MS
UBS AG UBS
Freddie Mac FRE
Fannie Mae FNM

These companies sealed their fate long before any "sinister short sellers" got involved. When I was telling people in 04,05 06... everyone looked at me like I had two heads and I could have gotten more respect wearing aluminum foil on my head and claim I waiting for the mother ship to show up.
LIBERALS ALWAYS find a scapegoat. I'm envious of their blameless role that they get to play.