[devane617]

fyi...nice article

[DeLaine]

Naked!?? I can’t look

[pnh102]

Shouldn't naked short selling be illegal?

Why should anyone be allowed to short a commodity that they do not have control of in the first place?

[devane617]

ping

[AU72]

After being turned down by Obama, Lindsay Lohan has found something she can do.

[Moose Burger]

"Definition: An investment technique in which an investor sells shares short before actually borrowing the shares or before determining if shares can be borrowed." investor words.

In other words, selling something they don't have. Short selling by itself is shady, this is beyond the pale.

[tobyhill]

It's nothing more than Obama supporters in high financial places putting sell-off fears in the market. The big 3 auto markers stormed in Pelosi’s office yesterday demanding a $25 billion bailout. It's a game being played to get Obama elected and bailout financial that have bum loans out there to other Obama supporters.

[doodad]

Can someone explain to me exactly what shorting is and how one makes money off of it?

My understanding is that you believe the stock will sell lower in the future, but how does that translate into a profit?

[SueRae]

I love this guy. Talk about a maverick!!! McCain/Palin should be talking to him to get the details on the corruption within the SEC. They could use a guy like Patrick Byrne, at least as a consultant in their adminstration.

Patrick Byrne has been fighting for a level playing field for small companies (and their investors) for many years at his own expense. Any advances made are due in no small part to his personall efforts.

Shop Overstock.com!

[TomasUSMC]

What happened in 1995?

That year the Dow went up 1300 points. Previously it had taken the Dow 5 years to move up that many points.

from 70 - 82 it stayed between 600 and 1000.
In 82- 87 it went to 2000
In 88 - 95 it went from 2000 to 3800
In 1995 it went from 3800 to 5100 IN ONE YEAR. ...OFF TO THE RACES AFTER THAT.

Does anybody know what happened in 1995?

[CodeToad]

Naked shorting is trading stock that you do not have. This is like buying stock with money you do not have...but only if the price immediately goes up and you can sell for a profit, otherwise the deal is off.

[CodeToad]

The mere fact that the SEC has come out at this time of downfalling stocks says everything. They have known for yeasrs that nakes shorting has been going on and have done nothing, not a single thing, about it. They are now worried that the market can tumble to nothing while investment houses cleanup up using naked shorting. The SEC easn’t worried yeterday about the little guys and small companies getting clobbered by institutional traders illegally depressing stock prices for their own gain.

[CougarGA7]

Hey! Sometimes I like doing my trading naked. It's liberating.

[Paleo Conservative]

What's the problem with naked short selling?

[redgolum]

Good article.

Once had a guy tell me that if this was enforced the financial industry would be very hurt. Takes to long to find the stocks.