Replies to post #113698 on Bancorp International Group Inc (fka BCIT)

[camper9]

There's a quick way to resolve their confusion. Just tell them that if they do not learn the difference by market open on Monday, then they will be banned from the finance industry until the do learn the difference.

You will then see a bunch of very quick learners.


      ¶ i kept hearing the talkingheads and hedge managers on CNBC "act confused" about the difference between NS and regular shorting

[clarity789]

Yes, there will be a change. Less liquidity in the stocks affected.... hedge funds and money funds will work with sharply reduced profits.... and short term commercial loans will become even more expensive.

Ultimately this will drive average people to pull funds from their money market accounts and find a different place to park their money.

I already pulled my money market funds and parked them in a normal savings account and a few 6 month CD's. The Fed may extend FDIC insurance to money market funds, but its too late.

I think the average investor will be watching those 799 stocks closely.... and I think they will learn how important shorting is to the market.

Nobody likes it, but thats the way it is.

[Huntewr7]

glaszman, The way they used to do was the NSS shorting mm at the end of t+3 would call his friend and he would sell a matched no. of the same shares to cover his short. This process could go on for ever without having a ftd. Will the new software allow this to still happen? Thanks.