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Life Imprisonment For Short Selling? South Korea Extends Ban, Harshens Penalties
Friday, June 14, 2024 - 11:33am | 587South Korea extended its short-selling ban on Thursday in an attempt to crack down on illegal “naked shorting” practices. What Happened: South Korea announced it would extend its ban on short selling to the first quarter of 2025, per Fortune. “The ban on short selling will be...
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What Do They Know That We Don't? Institutions Just Bet $18M On The U.S. Oil Fund Via Dark Pools
Friday, July 1, 2022 - 12:13pm | 748At 9:12 a.m. on Wednesday, Money Flow Mel (@MelStone31) posted an image to Twitter Inc (NYSE: TWTR) indicating institutions traded large blocks of the United States Oil ETF (NYSE: USO) over a dark pool exchange. The Trades: At 8:07:56 a.m. an institution traded 111,000 shares of USO at $81.16...
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Options Traders Hammer AMC Stock Calls Amid Post-Earnings Pull Back
Tuesday, August 10, 2021 - 3:29pm | 973AMC Entertainment Holdings Inc (NYSE: AMC) gapped up Tuesday morning after printing a second-quarter earnings beat, but slammed into resistance at the 21-day exponential moving average and sold off over 8%. The Reddit darling has squeezed shorts twice already this year but that didn’t...
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What To Know About Naked Shorting
Saturday, August 7, 2021 - 11:28am | 540Naked shorting is the illegal practice of short-selling shares that have not been affirmatively determined to exist. A naked short means a trader believes the future value of the stock will be worth so much less than its current value that they ask a broker to lend them artificial shares to further...