Things like this make me wonder what country I am in.
I've received many emails and yes Ultrashort Financial (SKF) is halted and it looks like we are stuck with it until October 2nd. At which time the government can decide if the peons can trade it again. If not they can push out the short ban for 30 more days.
Which will take us to November 2nd.
Which I believe is election day.
How convenient.
EDIT: Reader says AMEX stopped SKF trading due to technical issues and it is back on now. So you are now free to sell at a 35% loss. I still think they'll keep the short selling ban until the election.
Long Ultrashort Financial in fund; no personal position
Support This Blog
Recent Posts
Most Visited Sites
Sites I Wish I Had More Time To Read
- Newsflashr
- FinViz.com
- Zero Hedge
- Wall St Cheet Sheat
- Naked Capitalism
- Baseline Scenario
- Abnormal Returns
- TickerSpy
- Financial Armageddon
- Infectious Greed
- FT.com Alphaville.com
- 24/7 Wall Street
- The Daily Bail
- Matt Taibbi Blog
- Calculated Risk
- NYMag
- Real Clear Markets
- All About Trends
- Carpe Diem
- What's Trading
- Finz.tv
- Zentrader
- The Financial Ninja
- Daily Options Report
- Markman
- Notable Calls
- UpsideTrader
- The Smart Money Tracker
- Stock Trading to Go
- Nouriel Roubini's Blog
- Dealbreaker
- Investment Postcards
- Toro's Running of the Bulls
- Barron's Tech Trader Daily
- Market Oracle
- StraightStocks
- FINAlternatives (Hedge Funds)
- Money and Markets
- The Market Speculator
- Contrarian Profits
- Wall Street Blips
- Wall$treet Fighter
- StreetInsider Analysts News
- Blogging Stocks (AOL)
- The Daily Reckoning
- 1440 Wall Street
- HedgeFolios
- ETF Trends
- Hedge Fund Consultant Blog
- Daily Options Report
- Get Rich Slick
- Wall $treet Folly
- Guru Focus
- Fundmastery
- The Fly on the Wall
- Bill Gross PIMCO Archives
- MrSwing.com
Our Readers' Websites
Industry Focus Sites
- Forex Trading
- US Debt Clock
- Bloomberg Bond Yields
- List of ADRs by Country
- Mr. Copper (Kitco)
- Gas Price by State
- Mortgage Trends
- Debt Maturations
- Form 4 Oracle - Insider Filings
- Chinese Stocks
- Greentech Media
- gnuTrade
- MineWeb
- SPDR ETFs Chart
- Coal Future Pricing - Europe
- Coal Pricing - US
- Baltic Exchange Dry Index
- Solar Feeds
- The Housing Bubble
- HousingPANIC
- BusinessofVideo.com (CDNs)
Some Mutual Funds That Perk My Interest
- CGM Mutual (Kenneth Heebner)
- CGM Focus (Kenneth Heebner)
- Quaker Strategic Growth
- Loomis Sayles Mid Cap Growth
- Bridgeway Aggressive Investors
- Eaton Vance Multi Cap Growth
- Saratoga Large Cap Growth
- AFBA Five Star Large Cap
- American Century Vista
- American Century Heritage
- TCW Growth Equities
- Dynamic Power American Growth (Noah Blackstein)
- Dover Long/Short Sector Fund
Contact Me
Archives By Topic
Weekly Most Read
- 1; Goldman Sachs Q3 Winning Percentage: 98.4%
- 2: Warren Buffet's Berkshire Hathaway to Acquire Burlington Northern; Split Shares
- 3: STEC Crashes 30% on EMC Inventory Warning
- 4: Las Vegas Sands Earnings "Ok" but CEO Talk Supports Stock
- 5: Barron's - a Scare that can Last Beyond Halloween
- 6: Nearly 600,000 Americans Walked Away from their Mortgage in 2008
- 7: Paul Tudor Jones Q3 Investor Letter - Another Gold Bug
- 8: Nouriel Roubini CNBC: "Mother of all Carry Trades"
- 9: Potential Fly in Bull's Ointment - Early Stage Head and Shoulders Formation
Twitter Updates
Archives By Date
-
►
2009(1844)
-
►
11/08 - 11/15(10)
- Fund Performance Period 11
- Bookkeeping: Selling Another 1/4th of Original SPY...
- Las Vegas Sands (LVS) Sets Hong Kong Macau IPO Ran...
- Dr. Reddy's Laboratories (RDY) Impressive on Both ...
- Bookkeeping: Adding to Discover Financial (DFS)
- Bookkeeping: Covering Costco (COST) Short
- Bookkeeping: Selling Half SPY Calls Purchased Frid...
- Bookkeeping: Weekly Changes to Fund Positions Year...
- Updated Position Sheet
- Barry Ritholtz Shreds Warren Buffet
-
►
11/01 - 11/08(38)
- In Case You Missed It - the Week's Most Popular Po...
- Blackstone Group (BX) Continues its Recovery; Beat...
- Wells Fargo (WFC) Kicks the Can by Transofrming Op...
- Potential Fly in Bull Ointment: Early Stage Head a...
- Bookkeeping: Making Some Long Purchases
- Bookkeeping: Adding Some Index Longs on Morning Pu...
- Official Unemployment Rate Hits 10.2%; Reality is ...
- #1 Article on UK Telegraph Website: No Respect, No...
- Blue Coat Systems (BCSI) - More Global Labor Arbit...
- Yet Another "V" Shaped Bounce- Old Patterns Seem U...
- Fannie Mae's New Deed for Lease Program - Rent you...
- Bookkeeping: Closing Myriad Genetics (MYGN) as Ear...
- Groundhog Day - is it Wednesday or Thursday?
- Fuel Systems Solutions (FSYS) Rockets Over 20% on ...
- General Updates: Mutual Fund, Website, Misc.
- Whitney Tilson T2 Partners October 2009 Investor L...
- Bookkeeping: Selling a Third of Silver (SLV) Posit...
- Still Many Broken Charts Despite the Index Rallies...
- Market Jumps Back over 50 Day Moving Average as In...
- Goldman Sachs (GS) Q3 Winning Percentage: 98.4%
- STEC (STEC) Crashes 30% on EMC (EMC) Inventory War...
- Nouriel Roubini on CNBC: "Mother of all Carry Trad...
- Showdown at the Federal Reserve Corral
- Nearly 600,000 Americans Walked Away from their Mo...
- Apple's (AAPL) iPhone Only Sells 5000 Units in 1st...
- Bookkeeping: Buying Long Term Downside Protection ...
- Ugly Premarket Action
- International Monetary Fund to Sell One Eighth of ...
- Warren Buffet's Berkshire Hathaway (BRK.A) to Acqu...
- Lack of Green Energy Manufacturing Capability in U...
- Good News Sold, S&P Turned Back at 50 Day Moving A...
- NYT: Are Chinese Video Game Makers a Threat to Wes...
- The Market with no Memory from Day to Day
- Conseco (CNO) - A Chance to Follow John Paulson wi...
- Bookkeeping: Weekly Changes to Fund Positions Year...
- First Time Home Buyers and Investors Dominate the ...
- Updated Position Sheet
- Bookkeeping: Bought BHP Billiton (BHP)
- ► 10/25 - 11/01(48)
- ► 10/18 - 10/25(37)
- ► 10/11 - 10/18(40)
- ► 10/04 - 10/11(35)
- ► 09/27 - 10/04(41)
- ► 09/20 - 09/27(39)
- ► 09/13 - 09/20(35)
- ► 09/06 - 09/13(32)
- ► 08/30 - 09/06(32)
- ► 08/23 - 08/30(34)
- ► 08/16 - 08/23(36)
- ► 08/09 - 08/16(39)
- ► 08/02 - 08/09(40)
- ► 07/26 - 08/02(45)
- ► 07/19 - 07/26(45)
- ► 07/12 - 07/19(45)
- ► 07/05 - 07/12(40)
- ► 06/28 - 07/05(31)
- ► 06/21 - 06/28(37)
- ► 06/14 - 06/21(44)
- ► 06/07 - 06/14(42)
- ► 05/31 - 06/07(44)
- ► 05/24 - 05/31(39)
- ► 05/17 - 05/24(33)
- ► 05/10 - 05/17(39)
- ► 05/03 - 05/10(47)
- ► 04/26 - 05/03(45)
- ► 04/19 - 04/26(43)
- ► 04/12 - 04/19(40)
- ► 04/05 - 04/12(40)
- ► 03/29 - 04/05(40)
- ► 03/22 - 03/29(45)
- ► 03/15 - 03/22(45)
- ► 03/08 - 03/15(46)
- ► 03/01 - 03/08(49)
- ► 02/22 - 03/01(49)
- ► 02/15 - 02/22(45)
- ► 02/08 - 02/15(49)
- ► 02/01 - 02/08(49)
- ► 01/25 - 02/01(49)
- ► 01/18 - 01/25(38)
- ► 01/11 - 01/18(53)
- ► 01/04 - 01/11(52)
-
►
11/08 - 11/15(10)
-
►
2007(913)
- ► 12/30 - 01/06(33)
- ► 12/23 - 12/30(29)
- ► 12/16 - 12/23(39)
- ► 12/09 - 12/16(36)
- ► 12/02 - 12/09(33)
- ► 11/25 - 12/02(44)
- ► 11/18 - 11/25(25)
- ► 11/11 - 11/18(44)
- ► 11/04 - 11/11(54)
- ► 10/28 - 11/04(51)
- ► 10/21 - 10/28(57)
- ► 10/14 - 10/21(55)
- ► 10/07 - 10/14(57)
- ► 09/30 - 10/07(55)
- ► 09/23 - 09/30(41)
- ► 09/16 - 09/23(41)
- ► 09/09 - 09/16(37)
- ► 09/02 - 09/09(31)
- ► 08/26 - 09/02(44)
- ► 08/19 - 08/26(43)
- ► 08/12 - 08/19(37)
- ► 08/05 - 08/12(27)
Fun / Info: Non Finance Blogs
6 comments:
are all short ETFs on the cutting block as well???
SKF halted today [friday] :(
bag-holding $10K today
crooked politicians protecting crooked wall-streaters who fund crooked politicians !!!!
September 19, 2008 11:25 AM
Just SKF for today
If the market goes down further then all of them perhaps
the WSJ reported on website yesterday night that they were going to ban all shorting so this is a "compromise" I guess.
so those in SKF are basically bagholders till October with no possibility to get out? Nasty...
The short list will stay until the election... It just means extending it one more month and Congress has been scapegoating the shorts lately anyway. IMHO!
Just caught the tail end of Pete Najarian... He said they'd be addressing the SKF in particular at 2PM West Coast Time ..
jegan
Don't know what happened to that last sentence... Should have read:
Caught the tail end of an interview with Pete Najarian of Fast Money fame...etc...
jegan
Post a Comment