Predilections: How about senseless shorting?

Wednesday, May 18, 2011

..and depth in options

A lot or two from those ang us disappointed by three results went adding shorts bringing the May series to a PCR of 0.8 and less and still harping on reform / saying shorts were the ones harping on reform from the other end of their own research desk.

For these lots maybe a better idea would have been to allow unlimited shorting and facilitate market making for the same. There are some interesting targets..Apart from Glenmnark and Orchid which we support for long positions, there is cause for disappointment in SKS (the fall not yet over) and even erstwhile good quality stocks like J P Associates, DCB and the PSE banks apart from SBI which just do not have the free float to absorb a new shorting hedgie.

Posted via email from The investment blog on Post

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