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| Stocks near 52-week highs added to short sale ban list, including IBM |
| 2008-09-24 |
| Twelve more companies, including IBM and H&R Block, have been added to the short-sale ban list as of Wednesday, according to information posted on the New York Stock Exchange's Web site. |
| Posted by:Zhang Fei |
| #3 I'd short HRB, ABR, MFA, LFB & LXP! Don't let people lie to you that shorting CAUSES falls. Short selling is getting a three minute hate, but the problem is that the shorts are correct, these stocks are way over-valued. Short interest causes holders to look at the balance sheets of these institutions and wonder if they are telling the truth. Several of the above are engaging in shall we say "advanced accounting" measures. |
| Posted by: Bright Pebbles 2008-09-24 17:19 |
| #2 Nah, its Pinch's plaything/hobby. No real business would operate that way. Just don't let him take any tax deductions for his hobby. |
| Posted by: Procopius2k 2008-09-24 14:49 |
| #1 Any day now, the New York Times is gonna be added to that list. After all, like IBM, the NYT is clearly a financial institution. |
| Posted by: Zhang Fei 2008-09-24 14:21 |