Yoda wrote:The ban on short sale of financial stocks is puzzling. I think this will only artificially pump up their prices until Oct 2 when the ban is supposed to be lifted. What are your thoughts?
The whole thing is a mess. Short selling obviously had a substantial impact putting downward pressure on the stocks, but I don't know that a 2 week outright ban on it will do anything positive. I guess we won't know for sure what impact any of the government actions will have for several months.