Emisión del intermediario
21 Jul 2008 at 13:23:10 (GMT)
21/07/200 IMPORTANTE!!! En un comunicado urgente de la FED ha prohibido ponerse corto en los siguientes instrumentos: Bank of America (BAC:xnys) • Citigroup Inc. (C:xnys) • Credit Suisse Group (CS:xnys) • Allianz SE (AZ:xnys) • Goldman Sachs (GS:xnys) • JPMorgan Chase & Co. (JPM:xnys) • Lehman Brothers (LEH:xnys) • Merrill Lynch (MER:xnys) • Morgan Stanley (MS:xnys) .

Never Have So Many Short Sellers Made So Much Money With Stocks

Managers from William Ackman to Jim Rogers made a total of at least $1.4 billion in July with wagers against U.S. mortgage financiers Fannie Mae and Freddie Mac, according to data compiled by Bloomberg. Harbinger Capital Partners staked $665 million that U.K. mortgage lender HBOS Plc would drop and Sao Paulo-based hedge-fund manager Francisco Meirelles de Andrade's short selling of Cia. Vale do Rio Doce is also paying off.



More than $1.4 trillion of equities worldwide are now on loan, about a third higher than at the start of 2007, data compiled by Spitalfields Advisors, the London-based firm specializing in securities lending, show. Almost all of that is being used to speculate that shares will fall, according to James Angel, a finance professor at Georgetown University who studies short selling. The global economic slowdown, $447 billion in bank losses and an explosion of funds that can profit from stock declines spurred the increase in short selling, helping send 22 of 23 countries in the MSCI World Index into bear markets.

$11 Trillion
While U.S. and U.K. regulators tighten rules on short sellers amid concern they're accelerating more than $11 trillion in global stock losses this year, countries from Indonesia to India are opening up to the practice, which involves borrowing stock to sell it on the expectation it can be purchased at a lower price before paying back the loan.

`Send a Message'
James Chanos, president of Kynikos Associates Ltd., says the new rules won't deter most short sellers from making legitimate bets against companies.
``The SEC is trying to send a message -- I am again not quite sure what the message is,'' Chanos, a short seller and one of the first investors to raise questions about Enron Corp.'s accounting, said on Bloomberg Television from London. ``I am just not sure that this was an issue at all for the equity prices of these companies.''



The SEC's move ``squeezed'' some short sellers, forcing them to close positions they shorted earlier by buying the shares, Bespoke data show. Among Standard & Poor's 1500 companies, those with the highest short interest gained the most, rising 15.1 percent on July 16 and July 17, according to the firm's data.

Iniciado por 1 de cal y 4 de euribor

ostras pense que los pantalones.... no me imaginaba con largos a estas alturas del verano

por cierto como se traduce eso para gente como yo que no se entera de eso, pero padece los efectos

Iniciado por Andalucia Lamentable

Que alguien lo explique a nivel idiota.

Gracias.

Iniciado por eduenca

Ya no se puede vender acciones de los bancos citados, para luego recomprarlas más baratas.

Iniciado por reallife

Sí, porfa, que algunos somos un poco "cortos" de entendederas en estos temas financieros, pero nos interesan

Un alma caritativa que lo explique con palabras dirigidas a niños de cinco años.

Gracias.