goldfinger
- 09 Jun 2005 12:25
Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).
Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.
cheers GF.
tabasco
- 03 Nov 2012 07:11
- 18865 of 81564
I have spent many hours in my own little way campaigning for this legislation… I’m sure elephant man is not amused!… anyway….at last!
New trading rules introduced by Britain’s finance regulator could lead to an increasingly bullish mind-set in the City.
The rule changes, which became effective today, promise to put the brakes on rampant short selling by allowing the regulator to publicly disclose short positions, fine firms for short sales that aren’t settled in time and give counterparties the right to force the ‘shorter’ to buy stock back.
It is thought the rules could make short selling - as a purely speculative pursuit - higher risk and less attractive. Shorts covered by stock lending will however not incur the penalties.
Under these new rules, traders will have to disclose where they are short of more than 0.2% of a company’s shares, and if short of more than 0.5% the trader’s position will be made public.
Making short positions public knowledge could potentially leave the ‘shorter’ vulnerable to rival firms.
This is particularly significant in the small cap market where there are fewer participants. In some cases only a handful of brokers make a market, and institutional dealers can have a big influence.
“I think we’ll see the larger institutions flexing their muscles because they can at last,” said Steve Asfour, head of sales trading at Fox Davies Capital.
“If they can see that X, Y or Z broker has a big short in one of their companies, let’s be honest, it’s not going to be difficult for them to squeeze someone by the short and curlies and make them close their short.
“It often doesn’t take a lot to move these kinds of stocks.”
Asfour says the effect of the rule change can already be seen as some small cap stocks have moved strongly in recent days driven by the covering of short positions before they had to be disclosed.
“We’ve already seen a squeeze in some stocks, as the rules have come in, but I think the real squeeze will come at the back end of next week when trades put on now are either covered or forced to buy back.”
In the longer term however he believes the ruling could have a more lasting impact as it may alter the way market makers and traders approach the market.
“A lot of people have been trading with a bit of a bear hat on, that’s just the way people have had to trade, and they’ll now have to tweak their stance and trade with more of a bullish hat on.
“And to be fair with where some of these small caps are, frankly on their backsides, being bullish in them could be quite profitable.”
“I think, and this is just my own opinion, that we’ll see quite a sea-change in the way traders approach this market.
“I don’t think we’re going to see so many people approaching it from the bear point of view, trying to short any stock that’s up on the day.”
“I think they’ll have to trade smarter now and look for bull stories over the bear stories for a change, which is the complete opposite of how a lot of people have traded in recent years.”
dreamcatcher
- 03 Nov 2012 15:42
- 18866 of 81564
A bloke walks into a Glasgow library and says to the prim librarian,
'Excuse me Miss, dey ye hae ony books on suicide?'
To which she stops doing her tasks, looks at him over the top of her glasses and says,
'Buggeroff, ye'll no bring it back!
dreamcatcher
- 03 Nov 2012 19:40
- 18867 of 81564
Scottish bar stool for kilts
TANKER
- 04 Nov 2012 08:29
- 18868 of 81564
Your local cabbie... the Rwandan 'war criminal linked to a million murders' who can't be deported due to human rights laws
Read more: http://www.dailymail.co.uk/news/article-2227440/Your-local-cabbie--Rwandan-called-Modeste-linked-million-murders.html#ixzz2BEynBsJi
Follow us: @MailOnline on Twitter | DailyMail on Facebook
human rights need to be abolished it only protects murderers
cynic
- 04 Nov 2012 09:07
- 18869 of 81564
typically preposterous baby and bathwater reaction from the village rabid bigot.
while the human rights act as it stands is far too protective of the perpetrators of almost any crime, there certainly needs to be some sort of protection in place
quite how one rejigs such legislature is another matter altogether, let alone how one would get it universally accepted
an analogy is along the lines of one man's terrorist is another man's freedom fighter
TANKER
- 04 Nov 2012 16:24
- 18870 of 81564
any one who bites the hand that feeds it is not fit to live .
deport any one who cheats our system and if they are british
put there pictures in the streets and stop there benefits and make them go to the soup kitchens .
TANKER
- 04 Nov 2012 16:28
- 18871 of 81564
if action is not taken soon the kitty will run out then you will have a civil war in the uk .
bring on the gold dawn in greece the people say they are the only hope for its people
and in 2 years they will be no illegal immigrants in greece.
they are made with balls not knitting needles
magicjoe
- 05 Nov 2012 10:00
- 18872 of 81564
re - human rights need to be abolished it only protects murderers
Maybe is not complely right the above, but it does benefits too many undesired people that do take advantage of that law.
Maybe the lawers are the ones at fault, on taking such cases knowing well what is going on with the law, I am sure some will put them on the guillotine if they had a chance.
As usual if a law is too weak then it comes with a on is too strong, till the right one is find and every one is happy ever after.
magicjoe
- 05 Nov 2012 10:16
- 18873 of 81564
re - Denis MacShane
Born in Glasgow as Denis Matyjaszek, to Irish mother and Polish father
Most likely was his naughty nature of the mothers Cristian faith on the ( radio phone-in )
and the father Jewish upbringing on ( fiddled his expenses )
This_is_me
- 05 Nov 2012 11:32
- 18874 of 81564
Or alternatively he is just a crook like all the others fiddling their expenses.
Shortie
- 05 Nov 2012 12:36
- 18875 of 81564
Rather than be polled which police commissioner we'd like to vote for the government should maybe ask us to declare which country we are in allegiance with. If the answer isn't Queen and country then surely the question of residence should be asked.
Further to this one could also argue that benefit forms should only be published in one language.
Friends of mind over the weekend informed me that their midwife told them that she used to be able to fill 5-6 appointments a day. Now she struggles with 2 due to either language barriers or questions such as benefits being asked for which she doesn't know the answers. Clearly if one doesn't speak the local language then maybe one should reside in a country where they do.
cynic
- 05 Nov 2012 14:46
- 18876 of 81564
and the father Jewish upbringing on (fiddled his expenses)
MJ - behave yourself! .... in fact, it is the mother in jewish households who often or even usually holds the greater sway
lawyers have an absolute obligation to work the law/system as best they can for their client
judges have an absolute obligation to pass judgment according to the law, which is too often shown to be neither fair nor even common sense
if the law is an ass, as is all too often the case, the it is the fault of the legislators, though it is all too easy to be frightfully clever with hindsight - as with share trading!
doodlebug
- 05 Nov 2012 15:17
- 18877 of 81564
Postal Scam:
Can you circulate this around especially as Xmas is fast approaching - it has been confirmed by Royal Mail. The Trading Standards Office are making people aware of the following scam:
A card is posted through your door from a company called PDS (Parcel Delivery Service) suggesting that they were unable to deliver a parcel and that you need to contact the m on 0906 6611911 (a Premium rate number).
DO NOT call this number, as this is a mail scam originating from Belize .
If you call the number and you start to hear a recorded message you will already have been billed £315 for the phone call.
If you do receive a card with these details, then please contact Royal Mail Fraud on 020 7239 6655.
This_is_me
- 05 Nov 2012 15:36
- 18878 of 81564
Try checking your facts before you post rubbish.
doodlebug
- 05 Nov 2012 16:11
- 18879 of 81564
Sorry I wasn't aware it was rubbish, this came from a reliable source. Considering some of the stuff that is posted on this thread, I think it is a bit mean to call it rubbish. Entitled to your opinion 'tho. Actually I don't know what you contribute to this bulletin board/website - apart from the occasional know-it-all, smart a--- post. Are you always grumpy, or did I just get you on a bad day?
greekman
- 05 Nov 2012 18:14
- 18880 of 81564
Hi Doodlebug,
I doubt This is me, is referring to your post, as I heard about the same scam a few days ago.
He is probably commenting on someone we both have on ignore!
Seymour Clearly
- 05 Nov 2012 18:59
- 18881 of 81564
That scam has been posted about for a few years now so if it's true it's just a re-incarnation of the original.
skinny
- 06 Nov 2012 06:38
- 18882 of 81564
Alzheimer's detected decades before symptoms
Some of the earliest signs of Alzheimer's disease have been found in a US study more than two decades before the first symptoms usually appear.
Treating the disease early is thought to be vital in order to prevent damage to memory and thinking.
A study, published in the Lancet Neurology, found differences in the brains of people destined to develop an early form of Alzheimer's.
Experts said it may give doctors more time to treat people.
Alzheimer's disease starts long before anyone would notice; previous studies have shown an effect on the brain 10-15 years before symptoms.
It is only after enough brain cells have died that the signs of dementia begin to appear - some regions of the brain will have lost up to 20% of their brain cells before the disease becomes noticeable.
This_is_me
- 06 Nov 2012 17:57
- 18883 of 81564
A devout Muslim enters a London taxi;
once seated he asks the cab driver to
turn off the radio, because he says he "must not hear music,
as decreed by his religion and, in the time of the prophet,
there was no music, especially Western music which is
music of the infidels and certainly no radio ........."
So the cab driver politely switches off the radio,
stops the cab and opens the back door.
The Arab asks him:
“What are you doing, man?”
The cabby answers:
“In the time of the prophet there were no taxis, so wait for a camel.”!!
TANKER
- 07 Nov 2012 17:27
- 18884 of 81564
Footballers guilty of racist abuse should be sacked by their clubs and banned for up to nine months, according to the body behind plans for a black players' union.
so when is david rose going to be banned the ref was correct in serb .
he caused the problem .