friends...
unfortunately sebi is not gonna take into consideration 'our opinion'..
the broadbase question is :
is banning shortselling healthy for the stock markets & overall economy.(any country).
Were the market regulators, govt,CEO's worldwide sleeping when the stock marking was booming few months back & making new highs everywhere...?????
didnt those govt experts realise that sentiment is playing and pushing the markets up without any strong fundamentals being changed..
WHY THE HELL THEY DID NOT BANNED 'TAKING LONG POSITION CALLS, FUTURES' ???????????
can we imagine in absence of shortsells at that time the markets would had made double the highs then wt they actually made..(sensex would had been 40000 & more).
This is wt a top notch US analyst said today:
In a booming market, short-sellers can be a needed restraint on overvalued stocks. They can also cushion a stock's fall as they buy to cover their positions.
and now wt this CEO's of the top US companies,bank(whose stock price have been battered) advocate :
CEOs have long complained that short-sellers spread negative rumors to drive down share prices. And in a "bear raid," an influx of short-sellers into a stock can cause other investors to flee, pushing the stock price down in a vicious cycle.
...So pathetic arguments...(they themselves have pocketed millions of dollars has bonus and filthy pay checks)
sorry friends bit long...my opinion is
such temporary practise by interepting & manupalating the rules of games will just make the things worse and will led to bad practise now & then on part o the regulators...so SEBI should not ban shortselling..
regards
harsh