ROME (Dow Jones)--Italy's market regulator, Consob, late Sunday approved new transparency measures aimed at fighting market speculation, after a selling wave hit Italian banks Friday.
Sunday, July 10, 2011
Italy's Market Regulator Imposes Measures To Curb Speculation
Gotta get rid of those darn speculators, right Italy? Remember, the biggest moves down in the market happen in LOW short interest. When there is high short interest, you will always have someone that is willing to BUY to lock in a profit, thus softening the move down. There's rumors that they will ban short selling all together on the Italian bank stocks, we'll see..
