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The War Against The Shorts

TaiwanBansShortSelling.jpgThe international contagion spread to Taiwan today, where regulators announced that they too were banning short-selling of any individual company for two weeks.

Officially the move is aimed at “boosting investor confidence.” Which is a good reminder that the first part of “con-job” is confidence. Are investors really supposed to trust pricing in a market saddled with a temporary short-selling ban?

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