Short selling strategies risks and rewards phần 10 ppsx

... Hersh, 100 Shiller, Robert J., 100 Shleifer, Andrei, 84, 100 , 251 Short futures, 18 Short holdings. See Active investors; Passive investors Short interest, 187, 234. See also Year- end short interest data ... advisors, 43 short interest, 53, 56 short sales, purpose, 38 short sellers, safety protection fea- tures, 38–39 short selling, 37 trading costs, 51 risk management...

Ngày tải lên: 14/08/2014, 09:21

... Hersh, 100 Shiller, Robert J., 100 Shleifer, Andrei, 84, 100 , 251 Short futures, 18 Short holdings. See Active investors; Passive investors Short interest, 187, 234. See also Year- end short interest data ... advisors, 43 short interest, 53, 56 short sales, purpose, 38 short sellers, safety protection fea- tures, 38–39 short selling, 37 trading costs, 51 risk management...

Ngày tải lên: 14/08/2014, 05:20

... ON SHORT SELLING weak measure of shorting demand. Overpricing falls over time, while the level of short interest rises. Thus short interest can be negatively cor- related with shorting demand and ... pp. 2113–2141. 10 Jones and Lamont, Short Sale Constraints and Stock Returns.” 7-Lamont -Short Constraints Page 188 Thursday, August 5, 2004 11:12 AM Implications of Short Se...

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... Listing and Short Selling 331 Short Selling Constraints and International Capital Flows 339 Conclusion 342 CHAPTER 14 Short Selling and Financial Puzzles 345 Edward M. Miller Divergence of Opinion and ... xiv Preface Short Selling: Strategies, Risks, and Rewards provides the most recent theory and empirical evidence on the practice of short selling. The chapt...

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... are obstacles to short selling is critical to the argument because if the pessimists were willing and able to sell short, their short selling would eventually saturate the demand of the optimists. ... Page 63 Thursday, August 5, 2004 11 :10 AM SECTION Two Theory and Evidence on Short Selling Sect2 Page 59 Thursday, August 5, 2004 10: 48 AM Is Selling ETFs Short a Financ...

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... August 5, 2004 11 :10 AM 86 THEORY AND EVIDENCE ON SHORT SELLING Brazil, Chile, Finland, India, Israel, New Zealand, the Philippines, Poland, Spain, and Turkey. In China the short sales restrictions ... expressed in Exhibit 5.3 that a stock would be a short sale candidate because it could be sold short now for $101 , and bought back in 2 010 for $100 would be laugh- able. Wh...

Ngày tải lên: 14/08/2014, 05:20

... 5, 2004 11:11 AM Implications of Short Selling and Divergence of Opinion for Investment Strategy 141 result in short selling as option dealers and others make short sales in the course of placing ... AM 144 THEORY AND EVIDENCE ON SHORT SELLING and Bernstein, 46 Stoll and Curley, 47 and Uhlir 48 ) have shown that IPOs do worse than the general markets, in spite of t...

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... predicting short- term returns with short interest and proceeds to the motives for short selling, as well as the use of options and their implications for the information content of short 1 Eugene ... High. 7-Lamont -Short Constraints Page 201 Thursday, August 5, 2004 11:12 AM 226 THEORY AND EVIDENCE ON SHORT SELLING escrowed proceeds and margin requirement associated wit...

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... 2004 11:14 AM 280 SHORT SELLING STRATEGIES based on quantitative and qualitative considerations, from the portfolio manager’s perspective in the identification of short selling candidates. In the ... (or impossibility) of establishing a short position; (3) the risk that the short position cannot be maintained; and (4) the legal and institutional restrictions on short sel...

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... 11:16 AM SECTION Four Short Selling and Market Efficiency Sect4 Page 321 Thursday, August 5, 2004 10: 49 AM 284 SHORT SELLING STRATEGIES ing in the direction of economic profit and wealth creation ... COC+()⁄= NPV MVA= $107 .5 1.1() $100 –⁄= $100 0.075 0 .10 ()1.1()⁄×= $2.5 1.1()⁄– $2.27 million–== 11-Abate/Grant-Econ Profit Page 286 Thursday, August 5, 2004 11:16 AM 294 SHOR...

Ngày tải lên: 14/08/2014, 05:20