US to Ban Short-Selling, JP Morgan Says

in crypto •  2 years ago 

US to Ban Short-Selling, JP Morgan Says

Short sellers have made over $1 billlion from betting against these struggling banks.

U.S. bankers urge SEC to probe short sales, reduce 'abusive' trading

Reuters reported earlier that U.S. federal and state officials are assessing the possibility of "market manipulation" behind big moves in banking share prices in recent days, as the White House vowed to monitor "short-selling pressures on healthy banks."

And remember,

Short selling is when a trader borrows shares from a broker and immediately sells them with the expectation that the share price will fall shortly after. If it does, the trader can buy the shares back at the lower price, return them to the broker, and keep the difference, minus any loan interest, as profit.

So, who are these short sellers? Plenty of data from Ortex, just not when it comes to being specific and naming names. mmm... just a snapshot.

It can somewhat focus the mind, thinking that the predator can become the prey.

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  ·  2 years ago  ·  

US Government May Freeze American Bank Withdrawals As Currency Panic and Capital Flight Mounts: Macro Guru Hugh Hendry

It must be the month of "may".
More clickbait fear-flu.

Every govscum should just declare a state of genocidal frenzy and let the flames begin. That might be messy, so best to singe people every day or two.

  ·  2 years ago  ·  

Let's just ban freedom - commies and fascists have been practising for decades.
corporate slavery next, combining the two.

  ·  2 years ago  ·  

manipulation is always abusive when it's not your hand.