short selling regulations, page-2

And look at MQG share price today, up over $10 with the announcement that Financial shorting to be banned in the UK until Jan 16, 2009.

Don't worry mich903 at least OZL is not paying off it's Amex with a Mastercard and using a sub-prime debt leveraged on a deflated asset worth less than mortgage taken out on it. Sub-prime is only the beginning, just wait for the Alt-A's to kick in.

OZL has GOLD and plenty abundant resource in the ground.
It also holds over a billion in cash, so it doesnt have to worry about begging these overpaid imprudent financial institution lenders for any capital in the near future.

These same shorters will have a lot more in store for the short-sighted banks who are holding onto promises that cannot be repaid, no matter how they try to "intervene" to avoid the meltdown. IMHO!

I hold.
DYOR