FXI - China and market collapse - Page 4

DJSHAD0W · #31 10-16-2007, 12:02 AM

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I just tried to short FXI and it says "Shares of this security are currently not available to short sell". Why?

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This might have something to do with the fact that the Shanghai stock exchange does not allow shortselling....AFAIK

DJSHAD0W · #32 10-16-2007, 12:04 AM

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I sold FXI today.

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Can you explain why exactly today? Why not a month ago at 140 or a year ago at 60 ?

lala · #33 10-16-2007, 12:13 AM

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I just tried to short FXI and it says "Shares of this security are currently not available to short sell". Why?

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This might have something to do with the fact that the Shanghai stock exchange does not allow shortselling....AFAIK

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since this is an american ETF that doesn't apply. There just aren't enough shares to borrow with that broker.

kimchi · #34 10-16-2007, 01:45 AM

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I just tried to short FXI and it says "Shares of this security are currently not available to short sell". Why?

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Why do you want to short this? Do you want to place a short-stop or are you going to short it at whatever price you can get?

What are your objectives, and how much risk are you exposing yourself with this trade? Also, what are you targets, if you have any?

xxThe_Lebowskixx · #35 10-16-2007, 01:48 AM

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I sold FXI today.

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Can you explain why exactly today?

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because i think its overvalued and i don't feel like trying to guess when the bubble is going to pop.

pureCra2z · #36 10-17-2007, 12:23 PM

FXI up big today.
I wonder how the people's meeting will affect it.

Jimbo · #37 10-17-2007, 01:07 PM

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FXI up big today.
I wonder how the people's meeting will affect it.

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By "people's" do you mean Lebron James? [img]/images/graemlins/smile.gif[/img] Just heard he is in China today doing an exhibition game. Man he has a lot of endorsements!

Jimbo

Chris Daddy Cool · #38 10-17-2007, 01:38 PM

fxi is so sick right now. up 7+% today as of this post.

Badger · #39 10-17-2007, 04:44 PM

Wow, up 9.4% After work I'm going rock climbing with my buddy who makes his living trading this. I'm making him buy beer afterwards. Good beer.

ahnuld · #40 10-17-2007, 04:52 PM

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fxi is so sick right now. up 7+% today as of this post.

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all chinese stocks went up today due to some news about the US shares being made convertible into Chinese/HK shares. I didnt pay close attention but this should make it easier for US investors to buy directly into chinese companies, hence the rise.