Keyword: shorts

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  • China: Hot Copper Shorts Burning Commodity Firms (disgorging hoarded copper to cover LME shorts)

    06/03/2012 4:36:11 AM PDT · by TigerLikesRooster · 7 replies
    Caixin ^ | 05/30/12
    05.30.2012 16:08 Hot Copper Shorts Burning Commodity Firms As prices soar, Jiangxi and others say they've been forced to cover short positions by exporting (Beijing)–China has long been the world's largest consumer and a net importer of copper, which makes exporting large quantities of the metal seem counterintuitive. Yet Jiangxi Copper International Trading Co. Ltd. announced in May that it would join hands with other domestic traders and smelters and begin exporting refined copper, shipping it to transaction warehouses designated by the London Metal Exchange (LME). The firm, a subsidiary of China's largest copper producer Jiangxi Copper Corp., said it...
  • Harold Camping says Judgment Day will occur Oct. 21 (for real this time)

    10/05/2011 1:51:56 PM PDT · by Cronos · 65 replies
    MLIVE ^ | 4 October 2011 | Troy Reimik
    Yes, this again. There are fewer billboards this time, but the people who brought you the popular Rapture "scare" of May 2011 are back with a more subdued sequel titled "Wait, Wait, We Meant October." You may recall the excitement earlier this year when Grand Rapids received a visit from the followers of Family Radio Worldwide, a California-based Christian group led by 89-year-old Harold Camping, who were traveling the country to loudly and colorfully proclaim Judgment Day's imminence. It didn't happen. OR DID IT!? The conspicuous lack of a world-ending earthquake left Camping and his followers scrambling to explain why...
  • FRANCE, BELGIUM, ITALY & SPAIN TO BAN SHORT SELLING STARTING TOMORROW (Vanity)

    08/11/2011 3:23:52 PM PDT · by library user · 21 replies
    Fox Business | Aug 11, 2011 | Neil Cavuto
    Cavuto talking about this on FOX Biz network right now. Just broke. He's trying to get more info. Huge, huge news.Here's a Bloomberg story on it. Link only per FR policy:STORY
  • New Rules Will Cause Panic For Shorts (Metals)

    02/27/2011 11:52:06 AM PST · by FromLori · 53 replies
    JS Mineset ^ | 2/26/2011 | Jim Sinclair
    Between now and Monday, February 28th be prepared for panicked short sellers who cannot make delivery to try every trick in the book to buy back their short positions.
  • J.P. Morgan's Great Silver Caper Could Come Crashing Down

    12/09/2010 4:47:00 PM PST · by FromLori · 70 replies
    The Business Insider ^ | 12/9/2010 | Joe Weisenthal
    There’s a lot of rumor, buzz, innuendo, chitchat and scuttlebutt about the precious metals markets these days. Most of the chitchat is about J.P. Morgan and silver. Rumor has it that J.P. Morgan has amassed a whopping short position in silver. The scuttlebutt, according to SFGate.com, is that “J.P. Morgan holds a giant short position in silver. Furthermore, some observers are accusing the bank of acting as an agent for the Federal Reserve in the market...i.e., a lower silver price helps maintain the relative appeal of the US dollar..." “By selling massive amounts of paper silver in the futures market,”...
  • Hourly Action In Metals From Trader Dan

    12/06/2010 1:46:02 PM PST · by Razzz42 · 3 replies
    Jim Sinclair Mineset ^ | December 6, 2010 at 2:50 pm | Dan Norcini
    Silver was the star of the precious metals complex today as it shot higher in the face of a stronger Dollar and a mixed performance by the overall commodity sector. Its strength helped to pull gold higher particularly when it cleared $30 for the first time since many moons ago... I have been receiving emails from some detailing the efforts to squeeze Morgan... ...Wheat keeps moving higher with weakness in corn and the beans pulling it back a tad. Palladium was down today but is trading above $750 which is amazing considering the fact that it was trading at $424...
  • Silver Short Position Could Cost JP Morgan Billions In Losses

    10/28/2010 11:44:34 AM PDT · by blam · 15 replies
    National Inflation Assk ^ | 10-28-2010 | NIA
    Silver Short Position Could Cost JP Morgan Billions In LossesNational Inflation AssociationOctober 28, 2010 It was just announced late Wednesday that two lawsuits have been filed in Manhattan federal court against JP Morgan and HSBC Holdings Inc. accusing them of manipulating the price of silver by "amassing enormous short positions". The suits were filed by Brian Beatty and Peter Laskaris, who each claim they lost money trading COMEX silver futures and options contracts as a result of JP Morgan's alleged manipulation. In NIA's latest documentary 'Meltup' that was released on May 13th, 2010, and has now been viewed by over...
  • Distracted drivers escalate crash scene

    08/19/2010 4:58:11 AM PDT · by TornadoAlley3 · 19 replies
    Heraldnet ^ | 08/19/10 | Herald staff
    EVERETT, WASHINGTON -- Nice-looking women in short shorts quickly complicated an otherwise average four-car pileup Wednesday afternoon.
  • Deutsche Bank Reveals €2 Billion Short Position In Spanish And Portuguese Sovereign Debt

    06/10/2010 7:25:26 AM PDT · by blam · 5 replies · 37+ views
    The Business Insider ^ | 6-10-2010 | Gregory White
    Deutsche Bank Reveals €2 Billion Short Position In Spanish And Portuguese Sovereign Debt Gregory White Jun. 10, 2010, 9:30 AM Deustche Bank has revealed a short position in European sovereign debt worth €2 billion ($2.4 billion), focused on Spanish and Portuguese sovereign debt, according to The Telegraph. The Spanish short is worth £900 million ($1.315 billion) while the Portuguese short is worth £660 million ($963 million). The news only adds to worries over the state of the Spanish economy. Today, the Bank of Spain had a successful debt auction in which they sold 3 year bonds worth €3.9 billion ($4.7...
  • TREASURIES-Prices jump after Germany bans naked shorts

    05/18/2010 12:04:43 PM PDT · by 6SJ7 · 38 replies · 1,231+ views
    Reuters ^ | Emily Flitter
    NEW YORK, May 18 (Reuters) - U.S. Treasuries prices rose on Tuesday, with the 30-year bond rising a full point, as Germany announced it would ban some short-selling activities and Wall Street stocks turned lower. Treasury yields hit session lows after Germany's Finance Ministry announced a ban on naked short-selling at major banks. The ban would include a prohibition against naked shorting of euro government bonds. For more, click on [ID:nBAT005467] Germany did not ban all short-selling of bonds, but by banning naked short-selling -- in which a position is taken on a bond without buying or borrowing the asset...
  • The Best Designer Shorts Under $295 (Jada Pinkett Smith shows off the bubble shorts trend)

    03/31/2010 10:13:52 AM PDT · by Mister Ghost · 22 replies · 1,919+ views
    The Fashion Time Magazine ^ | Mar 31st, 2010 | The Fashion Time Magazine
    When Jada Pinkett Smith recently sported a pair of bubble shorts at the Kids’ Choice Awards, we were blown away by the fresh and chic appeal of them. Our editors searched throughout the Internet, so you wouldn’t have to, and selected the best designer shorts at the most affordable prices. Enjoy your spring and summer and enhance your wardrobe at the same time by adding some pizazz, style and chicness with these uber cool shorts!
  • Goldman's Attempt To Ambush Dollar Aborted, Tactical Shorts Closed As Stop Losses Hit

    12/21/2009 7:49:38 AM PST · by SeekAndFind · 18 replies · 840+ views
    ZeroHedge ^ | 12/21/2009 | Tyler Durden
    Just as the year end onslaught on the dollar was spearheaded to a climax by Blankfein’s minions, so did Europe finally decide to convulse under an unbearable lead of ridiculous mispriced “assets” and vomited up a whole load of troubling financial data, which spread from Greece to Austria to Ireland, setting sovereign CDS to multi month highs. Obviously, this did not help the weak dollar case and cost GS traders a few hundred million. A note to traders indicates that while Goldman has not lost the war of intergalactic domination, it too, can lose the occasional battles: Last Friday we...
  • Naked man waves shorts on a stick by Norfolk courthouse

    05/08/2009 3:46:33 PM PDT · by csvset · 10 replies · 751+ views
    Virginian Pilot | May 8, 2009 | Michelle Washington
    NORFOLK A man took off his clothes Friday morning and lay in the lush, sun-bathed grassy median in front of the Circuit Court. Cars whizzed by on St. Paul's Boulevard as the man raised his shorts aloft on a stick. Court administrative assistant Pam Vaughan happened to glance out the window. “Please God tell me that’s not a naked man,” Vaughan screamed. That’s when everyone came running. City employee Lonnie Moore said the man had pulled off his shirt, then his shorts, and took a swig from a water bottle before lying down. Court staff pressed against the narrow windows...
  • Bankers Say Rules Are the Problem

    03/14/2009 10:15:02 AM PDT · by CRBDeuce · 60 replies · 1,056+ views
    The New York Times blog ^ | Friday, March 13, 2009 | Floyd Norris
    provided by NYT If mark-to-market accounting is to blame for the current financial crisis, then the National Weather Service is to blame for Hurricane Katrina; if it hadn't told us the hurricane hit New Orleans, the city would never have flooded. This is the logic the bankers are using, and they are getting sympathetic ears in Congress. The bankers have gotten two members of Congress to introduce a bill to establish a new body that could suspend accounting rules for financial institutions. Edward L. Yingling, the president of the American Bankers Association, says the proposal addresses "systemic risks that accounting...
  • Share price falls blamed on shorts’ return (Reason market has been crashing at end of day?)

    10/10/2008 10:28:04 AM PDT · by prolifefirst · 43 replies · 621+ views
    The Financial Times ^ | 10/9/08, 22:53 | By Joanna Chung, Francesco Guerrera, Julie MacIntosh and Anuj Gangahar in New York and Bernard Simon
    The return of short sellers to the US market after a near-three-week ban was blamed for contributing to a sharp drop in prices on Thursday as General Motors and Morgan Stanley led stock markets sharply lower. In another rollercoaster trading day, shares in Morgan Stanley fell 25.9 per cent to $12.45, while GM sank to its lowest point since 1950, down 31.1 per cent to $4.76. The share price declines coincided with the lifting of a ban on traders who aim to profit from share price declines. The ban had prevented short selling on nearly 1,000 companies, including financial firms...
  • Six Flags asks workers not to wear shorts on Muslim Day

    10/02/2008 5:42:24 AM PDT · by BCW · 88 replies · 1,714+ views
    The Signal Santa Clarita ^ | 30 SEPT 2008 | Melissa Gasca
    It's Muslim Day at Six Flags Magic Mountain on Saturday and Santa Clarita resident A.J. Jones is curious to know if the park hosted other religious events in the past. This is Magic Mountain's first year hosting Muslim Family day. It is far from its first time hosting a religious event, said park spokeswoman Sue Carpenter. "I think it's great as long as they open it up to everyone," said Jones, whose friend works at the park. Jones is concerned the park's supervisors asked the employees to wear pants Saturday to cover their legs despite the unusually high heat. "I...
  • SEC intends to temporarily ban short selling

    09/18/2008 4:46:35 PM PDT · by HAL9000 · 43 replies · 140+ views
    Breaking News: SEC intends to temporarily ban short selling, but it's not clear if the commission has approved the move. Cox is briefing congressional leaders. Separately, the government is seeking congressional authority to buy distressed assets.
  • Jeff Saut: Wall Street's "Naked" Little Secret

    07/21/2008 9:12:14 AM PDT · by em2vn · 21 replies · 200+ views
    Miyanville ^ | 07-21-08 | Jeff Saut
    “He that sells what isn’t his ‘en must pay his debts or go to prison” is an old stock market axiom that has stood the test of time. Loosely translated, it means that if you sell a stock “short” (betting that it's going down in price), you're responsible for ANY loss incurred if that stock rallies. And, last week that old market “saw” took on new meaning when the Securities Exchange Commission (SEC) changed the rules on “naked” short-selling. Clearly, “naked” short-selling has been a “dirty” little secret on Wall Street for years, but that has now changed with the...
  • SEC Curbs Shorting of GSE Stocks, Considers Limits for Wider Market

    07/15/2008 6:45:23 PM PDT · by shrinkermd · 4 replies · 266+ views
    Wall Street Journal ^ | 15 Ju.ly 2008 | KARA SCANNELL
    WASHINGTON--The Securities and Exchange Commission announced an emergency action aimed at reducing short-selling that targets Wall Street brokerage firms as well as Fannie Mae and Freddie Mac, and will immediately begin considering new rules to extend new requirements to the rest of the market. SEC Chairman Christopher Cox said the SEC would institute an emergency order requiring any traders to pre-borrow stock before shorting Fannie Mae and Freddie Mac, the embattled government-sponsored entities that own or back more than half the nation's mortgages. It would also apply to the stocks of Lehman Brothers, Goldman Sachs, Merrill Lynch and Morgan Stanley....
  • Washington takes on the shorts

    07/13/2008 9:48:15 PM PDT · by TigerLikesRooster · 11 replies · 135+ views
    Market Watch ^ | 07/13/08 | Rex Nutting
    Washington takes on the shorts Treasury bails out Fannie, Freddie, while SEC declares war on rumors By MarketWatch Last update: 8:49 p.m. EDT July 13, 2008WASHINGTON (MarketWatch) -- The U.S. financial system has lost hundreds of billions of dollars on stupid investments, but don't worry: The federal government has found someone to blame: Rumor-mongers and short-sellers. Sunday the 13th was a very unlucky day if you've been shorting Fannie Mae, Freddie Mac, or a host of other financial firms. Washington has put you on notice: If you don't have something nice to say about banks, don't say anything at all....
  • Style Basis: Shorts (Hottest Women Shorts of the Season)

    06/30/2008 8:04:50 AM PDT · by Mister Ghost · 34 replies · 60+ views
    The Fashion Time Magazine ^ | Jun 27th, 2008 | The Fashion Time Magazine
    Women have worn shorts since the 1950s, and for half a century, this classic item has been a perfect staple of the summer wardrobe. They are easy wearing, look stylish, and save you from the heat. From Bermuda shorts and knee length denim shorts to structured boxy shorts, there are a number of smart styles choices in different lengths, colors, fabrics, prints, and silhouettes. For those who prefer something feminine, there are dressier styles in fancy fabrics like silk and linen, with details such as cuff hems and tuxedo waistbands.
  • Dutch "Iceman" to climb Everest in shorts

    03/07/2007 9:39:49 AM PST · by NormsRevenge · 15 replies · 737+ views
    AFP on Yahoo ^ | 3/7/07 | AFP
    KATHMANDU (AFP) - A Dutch daredevil is to tackle the world's highest peak wearing just boots, shorts, gloves and a cap, the expedition leader told AFP Wednesday. Wim Hof, known as the "Iceman," holds nine endurance records and recently ran 21 kilometres (13 miles) barefoot above the Arctic circle in Finland. Hof claims to have special abilities to withstand freezing temperatures. His website innerfire.nl shows him cross-legged and semi-naked, meditating on ice. "He will not climb all the way in shorts, only in sections, but we plan to set many new world records," said expedition leader Werner de Jong by...
  • Vanity: Moveon.org doctors Thanksgiving photo of soldier

    11/29/2005 8:47:32 PM PST · by pomegranatejuice · 40 replies · 1,922+ views
    Movon.org and OpinionJournal ^ | Nov 29, 2005 | pomegranatejuice
    An earlier thread linked to an OpinionJournal article which pointed out that moveon.org had mistaken British troops for American troops. They noted that one of the soldiers was wearing shorts (which are not part of a normal combat uniform). Now, moveon appears to have doctored the above mentioned photo. The current moveon.org link now shows the exact photo as before, but now the soldier is mysteriously wearing pants. If you enlarge the photo, it looks like he is actually wearing one pant leg which covers both his legs. Here is the moveon link with the soldier wearing pants: https://political.moveon.org/donate/thanksgiving.html Here...
  • Mistaken Identity: MoveOn.org doesn't know what an American soldier looks like!

    11/29/2005 3:33:21 PM PST · by Lacey · 42 replies · 2,975+ views
    Wall Street Opinion Journal ^ | Nov 29, 2005 | James Taranto
    Yesterday we got an e-mail from an old friend who is a captain in the U.S. Army. He writes:
  • Dollar seen aided by Buffett short-covering rumor

    04/14/2005 10:09:56 AM PDT · by SierraWasp · 23 replies · 823+ views
    MarketWatch.com (By Dow Jones) ^ | 4/14/05 | Leslie Wines
    10:45AM Dollar seen aided by Buffett short-covering rumor by Leslie Wines NEW YORK (MarketWatch) - A rumor in currency markets that financier Warren Buffett may be covering his short positions on currency forward contracts could be lending support to the dollar, according to IDEAGlobal currency strategist Sean Callow. There is no way to know for sure whether Buffett really is covering his shorts, Callow stressed. As of Dec. 31, 2004, Buffett's Berkshire Hathaway had $21.4 billion worth of forward contracts in 12 currencies and was warning investors about 'exceptional volatility,' the analyst noted. In recent trades the euro was down...
  • Shorting Terrorists

    06/20/2002 6:58:43 PM PDT · by Securo · 1 replies · 262+ views
    Self | 6/20/02 | Securo
    What ever happened to the investigation of people who shorted airline stocks, etc.,in a way that indicated foreknowledge of September 11th? I think it is horrible to think that our stock markets can be easily manipulated by acts of terror. Why not automatically void and investigate all short interest trades immediately in the aftermath of a terrorist event? The idea that human pain and suffering on a global scale can build the fortunes of the evil doers is truly frightening. I would like to hear others comment on this. Thanks.
  • No Stock Market WrapUp Friday, March 29th

    03/29/2002 3:40:58 PM PST · by TigerLikesRooster · 3 replies · 225+ views
    Financial Sense Online ^ | March 29, 2002 | Jim Puplava
    No Wrapups today. Mr. Puplava' site does have expanded version of Thursday Wrapups. For those interested, click Financial Sense Online/Thursday WrapUp