Browsing: short-selling

Posts Tagged ‘ short-selling ’

How to Improve Your Short-Selling Batting Average

Jun 30th, 2019 | Filed under: Newly Added, Hedge Fund Strategies, The A.I. Industry, Equity Hedge Funds, Hedge Funds

Downside Protection: Process and Tenets for Short Selling in All Market Environments is the new book by Nitin K. Sacheti. This is a better approach than that of certain other short-oriented titles, which have given “how I hit my home run” accounts of making the right call at the rightRead More

What is Behind the Momentum Factor? Informed Trades?

Aug 5th, 2018 | Filed under: Newly Added, CAPM / Alpha Theory, Financial Economics Theory, Finance & Economics

A new paper by four U.S. scholars makes a contribution to the literature on factors and the modeling of stock prices. The paper, “An Information Factor,” proposes in essence that the momentum factor isn’t what it seems to be. Ever since the publication of a 1993 paper by Jegadeesh andRead More

Thoughts on the European Regulation on Short Selling

May 3rd, 2018 | Filed under: Newly Added, Hedge Fund Regulation, The A.I. Industry, Equity Hedge Funds, Regulatory, Regulatory Environment, Hedge Funds

A new paper by Marco Dell’Erba and Giovanni Patti takes a look at a recent crisis involving the stock of the Monte dei Paschi di Siena (MPS), as a way of studying the pragmatics of the European Regulation on short selling (SSR). Dell’Urba is affiliated with the New York UniversityRead More

Formula: Information + Liquidity + Short Time Horizon = Short Sales Profits

Feb 14th, 2017 | Filed under: Newly Added, Equity Hedge Funds, Hedge Funds, Event-Driven Hedge Funds

Jaewon Choi and two other scholars recently presented a paper that offers “direct evidence about the profitability of hedge fund short trades in equities.”  What is intriguing about this paper is not only what it finds about the profitability of short trades, but its method, why its authors consider theirRead More

Litigating in the Wake of Manning

Jul 26th, 2016 | Filed under: Newly Added, Hedge Fund Strategies, Equity Hedge Funds, Hedge Funds

The United States Supreme Court preserved a role for state courts in securities litigation in a case involving accusations of ‘naked shorting,’ Merrill Lynch v. Manning, a May 2016 decision. Although the case involved specific state law claims, it also prominently referenced the Securities and Exchange Commission’s Reg SHO inRead More

Denial: The Role of Naked Shorting in the Fall of Martin Shkreli

Dec 27th, 2015 | Filed under: Newly Added, Equity Hedge Funds, Hedge Funds, Personalities in AI, Other Topics in A.I.

The Shkreli case comes at a time when failures to deliver have begun to receive a new level of attention from regulators. Faille looks at the role of naked shorts in his troubles, including his recent indictment.Read More

The Big Short: The Trailer

Sep 30th, 2015 | Filed under: Business News

A reflection on the newly released trailer for the forthcoming Paramount movie The Big Short, with Christian Bale front and center as Michael Burry. Brad Pitt shows up, too. Read More

Yes, Speech is Free for Short Sellers, Too

Dec 23rd, 2014 | Filed under: Media Coverage of Hedge Funds, Hedge Fund Strategies, Legislation/Court rulings

The success of Wynn's lawsuit would have chilled free speech by short sellers. So let us take a moment to celebrate its quick demise at the hands of Judge Orrick. As a general rule, though, when a plaintiff quotes an expression from a transcript that, in fact, is immediately preceded by the word "not," and the plaintiff leaves the "not" out of the quote ... things are knotty. Read More

Terwilliger’s Legal Troubles: Give Mark Cuban a Cigar

Aug 7th, 2014 | Filed under: Media Coverage of Hedge Funds, Alpha Strategies, Regulatory

The great thing about short sellers has always been that -- if they're good -- it's because they have a keen nose that can smell a boiler room. If they are open about what they're doing, they can also serve as a valuable red light for others in connection with overblown enthusiasms. Don't be the bag holder. Read More