Daily Archives: May 25, 2011

LinkedOut–Securities Borrowing and the Inability to Correct Bad Prices

Securities borrowing costs can be a problem¬†when trying to short clearly overvalued businesses (from a Dow Jones NewsPlus story today): The average wholesale rate to borrow LinkedIn was 86% on Tuesday, Astec’s data show. This means that hedge funds seeking … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment