De bestial a besta? Novo Nordisk perde 80 mil milhões numa semana

[Branc0]

Coitados... ainda hoje chegaram e já têm culpa da semana toda

[canguru]

Aparentemente já há “culpados” para o que se passou hoje... os shorts.

NEW YORK (CNNMoney.com) -- Bank stocks sank across the board Thursday, leading the broader market in a frenzied selloff. Some market watchers blamed the drop on the expiration of the short selling ban on financial stocks. (…) A source familiar with the Morgan-Mitsubishi deal blamed the slide in Morgan Stanley's stock Thursday on the expiration of the short selling ban (…).Frank Barkocy, director of research with Mendon Capital Advisors, an investment firm that specializes in bank stocks, also blamed the decline across the financial sector on short selling."The resumption of short selling is putting pressure on these stocks," said Barkocy. "The group overall is very weak." The Securities and Exchange Commission barred stock traders from shorting most financial stocks on Sept. 19 as the credit crisis unfolded. The SEC extended the ban last week and said that if a bank bailout bill was signed into law, the ban would end three business days after that. Short sellers borrow stock at one price and sell it with the hopes of buying the stock later at a lower price so they can pocket the difference. Some have blamed short sellers for spreading false rumors about banks in order to send the stocks drastically lower. But the ban was controversial, with some arguing that short sellers do a service to the market by identifying overvalued stocks and that prohibiting short selling was nothing more than an artificial manipulation of the market. Still, even with the short selling ban in place, bank stocks took a beating. The S&P Banking Index has plunged over 30% since the ban took effect. Short selling may not be the only thing weighing on bank shares Thursday. The U.S. government is also thinking about buying bank stocks, the White House said. in http://money.cnn.com/2008/10/09/news/co ... /index.htm

Li com atenção o tópico do Ulisses “Deja vu?” http://caldeiraodebolsa.jornaldenegocio ... light=deja e permitiu-me compreender o que se passou nessa 6ª feira de Setembro (subidas perfeitamente astronómicas de Tóquio aos EUA). Introduziu-se uma perturbação no sistema (proibição de shorts) e este reagiu. Menos de um mês volvido, nova modificação (fim da proibição de shorts) e o sistema reagiu como reagiria qualquer que fosse o sistema (bolsista, financeiro, ambiental, social, etc).

Sinceramente não acredito que a queda de hoje seja toda atribuída aos shorts, longe disso. As notícias hoje vindas a público (e não foram poucas) terão contribuído bem mais que a reentrada dos shorts, no entanto várias questões se levantam: quão determinantes foram as reentradas dos shorts para as quedas de hoje? Como reagirá o sistema? Desconheço como reagiu o sistema no Japão quando permitiu a reentrada dos shorts, mas se por outro lado se foram abertas posições, elas vão ter de se fechar…