SEC bans short-selling, benefits AAPL?

Discussion in 'Apple, Inc and Tech Industry' started by MacTraveller, Sep 19, 2008.

  1. MacTraveller macrumors regular

    Joined:
    Aug 7, 2008
    #1
    So the SEC just issued a (temporary) ban on short-selling. Do any of you Armchair Economists predict that this might actually *benefit* or stabilize the stock price of AAPL?
     
  2. hondak24 macrumors newbie

    Joined:
    Dec 16, 2006
    Location:
    Canada
    #2
    I think the ban applies to short-selling of financial companies. I can't keep up with all the news lately, but I would stay away from the market for the next little while. The market is in the process of "de-leveraging". Big funds are forced to sell whatever they have because of liquidity problem.
     
  3. voxnj macrumors regular

    Joined:
    Jun 16, 2008
    Location:
    Dark Side of the Moon
    #3
    Actually the new rules seem to hurt AAPL. By putting only financials off-limits, the short sellers are now focused on the electronics sector. Just look at the trends in AAPL and the SMH since Friday.
     

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