Wednesday, October 1, 2008

....and the Short Sale Ban is Extended !

My sources in DC strike again.......

Temporary prohibition of short selling in financial companies.

This order will be extended beyond its currently scheduled expiration, to allow time for completion of work on the anticipated passage of legislation. It will expire at 11:59 p.m. ET on the third business day after enactment of the legislation, but in any case no later than 11:59 p.m. ET on Oct. 17, 2008.

http://www.sec.gov/news/press/2008/2008-235.htm

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