For some reason Barclays fell 13% today to 243p are they being shorted as all the other banks fell only half as much..

Another 90p fall and they will be 150p is this the shorters object.

Apparently shorters have found a way around the 'shorting ban' - they simply short the FTSE index and at the same time go long on all shares in the index except the banking shares they wish to short.

I wish I had thought of that martin so basically they are still short.

somebody is taking the p*ss

Not everyone selling has to be a shorter.

Just goes to show how futile that rule was re banks. They've fallen just as badly when folk can only buy.

HI ALL BACK AGAIN LOL. I HAVE DECIDED GIVE SOME ADVICE WHICH IS RARE I JUST VOICE THINGS BUT DON'T OFFER ADVICE. OKAY THE PRICE OF THE FTSE IS APPROX 4100 RIGHT NOW AND YES IT COULD HIT 2700'S BUT IF YOU HAVE ENOUGH MONEY TO COVER TO ZERO SO 4000 AT 1 PER POINT WILL COVER EVERYTHING AND YOU WILL STILL GET SOME INTEREST FOR HOLDING SHORT IF IT GOES TO ZERO. YOU UNDERSTAND WHAT I MEAN. THE FTSE WILL NOT DISAPPEAR UNLESS MANKIND DISAPPEARS TOO. SO IF YOU BUY NOW OR LOWER AND HOLD FOR THE FUTURE, YOU CAN SECURE A TIDY NEST EGG FOR YOUR CHILDREN YOURSELF OR WHATEVER. IT WILL GO BACK UP FOR SURE JUST DON'T GET TOO GREEDY AND OVERSTRETCH YOURSELF.

Yes i was thinking the same. Watching BARC very carefully and to me it looks as though it is being shorted.

On Wednesday, BARC was 13% down at around 4-4.10pm and yet closed only 2% down. I couldn't get any quote and it caertainly looked like short covering.

Very strange.