Short-selling ban is a 'mind-blowingly stupid' knee jerk reaction

[BrilloPad]

I don't have stats at hand and can't be arsed to look for them but I think majority of trades by volume falls on FTSE 100 or their equivalents. These are the most liquid shares that everyone likes (especially big index tracking funds). How many people use AIM for example? Not a lot - volumes there are a joke. The only noteable exceptions are dodgy companies from Russia and alike who don't want to disclose more info in order to be traded on LSE proper - AIM is good enough for them for now.

The support of small companies in the UK is a joke anyway - VCs in this country don't do what VCs do in USA - invest into startups, instread in this country VCs do (or did) highly leveraged buyouts of big companies that they want to hold a bit and then resell.

I cant believe you said that! We have Dragons Den you know!!

Ever thought of taking SKA on the Den? How much would you ask for and for what shareholding? I doubt they would short sell you!

[AtW]

Ever thought of taking SKA on the Den?

No.

First I detest that model and would not want to play these games.

Secondly I did not need external financial resources as I could fund business development myself.

Thirdly they don't invest serious amounts - £50k is a joke.

Finally (I'd add more but could not remember if fourhtly is a proper word) - they ask for 30-40% of the company - that's a joke too (especially for the small amount they offer).

Dragons Den is a show and those guys there are self-serving pratts who don't like to pay for what they get - they only invest in a handful of companies because they have to as they would otherwise have to leave the program.

P.S. The last but not least - I don't think their combined intelligence is sufficient to grasp even basic SKA concepts.

[BrilloPad]

No.

First I detest that model and would not want to play these games.

Secondly I did not need external financial resources as I could fund business development myself.

Thirdly they don't invest serious amounts - £50k is a joke.

Finally (I'd add more but could not remember if fourhtly is a proper word) - they ask for 30-40% of the company - that's a joke too (especially for the small amount they offer).

Dragons Den is a show and those guys there are self-serving pratts who don't like to pay for what they get - they only invest in a handful of companies because they have to as they would otherwise have to leave the program.

P.S. The last but not least - I don't think their combined intelligence is sufficient to grasp even basic SKA concepts.

Lucky you thinking 50k is a joke - sounds like another crushed asian on this board.

Is SKA conceptually that difficult? Why not try us - you might be suprised!

[AtW]

Lucky you thinking 50k is a joke

It is a joke for any half serious project - look at money proper VCs are giving to startups in Silicon Valley - Dragons Den people are poor chums who are not investors at all - that's why they behave like tw@ts. Frankly BBC should have never put taxpayer money into this sort of stuff - if you like to see people humiliated then watch those Japanese shows, at least those are funny!

[AtW]

Lucky you thinking 50k is a joke - sounds like another crushed asian on this board.

It's a joke to offer £50k for 30-40% of the company. I'd say Dragons make loan sharks look like nice people.

[OwlHoot]

.. Finally (I'd add more but could not remember if fourhtly is a proper word) ..

"fourhtly" isn't, but "fourthly" is.

[AtW]

"fourhtly" isn't, but "fourthly" is.

I like English language but I think anything related to numbers is way wrong in it - better than Roman numbers though

[tim123]

http://www.telegraph.co.uk/money/mai...cnshort119.xml

What a joke. If the authorities were so sure about the strength of the financial institutions then why is the Bank of England not happy to take virtually unlimited bank debt obligations in exchange for funding?

Because the man in the street can be persuaded to see it that way.

The BoE may be 100% sure (assume for now that this IS possible) that a particular institution is creditworthy and provide the guarentee.

But if rumours start to go around that the bank is in trouble (when it isn't) and the man in the street takes all their money out, the BoE will have to pony up the guarentee for a bank that need never have gone under.

tim

[AtW]

The BoE may be 100% sure

They are not even 10% sure because banks loaded themselves up with highly risky loans and leveraged obligations. The whole board of BoE should be fired for negligence - they used low rates to stimulate house bubble, now this is coming back with a vengeance. Greenspan and others should be giving interviews from max security federal prison, not anywhere else.

You gotto give Islam some credit (phun intended) here - interest rate credit limiting was certainly wise idea, this should have been one of the 10 commendments.

[BrilloPad]

They are not even 10% sure because banks loaded themselves up with highly risky loans and leveraged obligations. The whole board of BoE should be fired for negligence - they used low rates to stimulate house bubble, now this is coming back with a vengeance. Greenspan and others should be giving interviews from max security federal prison, not anywhere else.

You gotto give Islam some credit (phun intended) here - interest rate credit limiting was certainly wise idea, this should have been one of the 10 commendments.

It was their job to target one measure of inflation - which included chinese goods so rates wre higher than needed. Isn't it the fault of who set the target than those who met it?

Though not sure how they are letting inflation reach 4.6% and predicted to go over 5% when should not be above 3%.

I would like to see them target other things as well. money supply. asset (including house) prices.