Username Password
S&P 500: 1,317.11 Change: -0.21%
JoeCole
P&P Score: 1.48   Points: -114.22   Accuracy: 47.14%   Average Pick Score: 0.06   Annual Return: -1.53% (-6.37% since 3/30/08)  

JoeCole's Blog : Triple Leveraged ETFs: Why can't I short them?

Date August 10, 2009    Comments Comments (0)    Rate this post Recommend This Post (63)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
http://www.thestreet.com/story/10566800/1/suit-slapped-on-leveraged-etf-provider.html?puc=_cnnmoney&cm_ven=CNNMONEY&cm_cat=Free&cm_pla=Feed&cm_ite=Feed

Out of curiosity I tried to sell a single FAS share short to get the message "There were no shares available to short."

Well, it's optionable, I thought let me try that. Guess what, only call options are available and do you think they will allow me to sell an uncovered call in FAS??
Tags : FAS   FAZ   SRS  

Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links