【Native Speaker每日综合训练—41系列】【41-01】经管 Short Selling

leo688

Part I: Speaker
financial reports from Apple and Microsoft
Apple performed as Wall Street expected
Microsoft was impacted by the purchase for Nokia
underdog

[warm up]
0'47
short selling could earn profit even during depression
enticing for investors
experience of buying and selling stocks is necessary

[Time 2]
2'29
what's short selling
to sell the stocks at higher price and predict the downturn trend in next steps
return broker the shares and commission fee
risk: lost while the stock value increases

[Time 3]
1'56
not in all cases, the shares are available from broker for short sell

[Time 4]/[Time 5]/[Time 6]
6'15
10 points need to be taken care while selling short

Part III: Obstacle
a description about EU financial performance, regulation, and recent discussion about regulating stock operation

aazzssxx

obstacle 10:08
mixed effect of short selling bans in EU with several expamles
findings about the stock market which show the mixed effcts
findings about the CDS andCDSs ahd the results accordingly
conclusion

sherry8730

SPEED:
Time2：00:51
Main idea: the fundamental knowledge about short selling
Structure:
the idea of short selling stocks can be enticing

time3:  3:14
Structure:
Short selling allows you to invest in stocks even when you think that their share price will decrease.
The Downside of Short Selling Is Infinite

Time4: 2:33
you might not be able to sell shares of a company short if they're not liquid enough.

Time5: 2:27
Main idea: ten rules when you do short trade
Structure:
When you short sell a company, you can lose much more.
It can be very difficult to find shares to short of a specific stock.
Be careful to pick stocks that have enough liquidity.
you may have to put up slightly more capital than if you were just planning on buying stocks.
a margin call

time6: 2:22
The dreaded short squeeze.
Please make sure you know how to exit your position before you enter it in the first place.
do keep in mind that stop losses are not fool-proof

time7: 1:38
Have a plan before you execute a short sell.
beware of dividends if you are a short seller.

OBSTACLE:9:06
Main idea: the regulation of short in Europe
Structure:
the incidence of settlement fails has fallen.
ESMA Report Findings
Slowdown in Securities Lending, Settlement Discipline Improves
Sovereign CDS: Mixed Evidence

joseph520

第一次跟小分队，期待坚持两个月
timer 2: 369 words
2’00’’
Introduce what the short selling is, and one big disadvantage it has: infinite lose, comparing to long invester.
Timer 3:264 words,
1’26’’
Provide another disadvantage: you might not be able to short whenever you want. The reason can be attributed to the actual operation. The brokerage should own the stock in order to let you sell, and when they are not having enough stocks due to the competitive short command by other customer, then you are not able to sell. In addition, the stock might no be liquidate enough for you to sell, such as small or  intermediate level firms.
Timer 4: 313
1’37’’
Five things:
1.        short selling can make you lose more money than long selling.
2.        You should find the stock that are allowed to be short sold.
3.        You should be careful of the liquidity
4.        You need to use a margin account
5.        You may get a margin call, which means that you will lose a lot of money if you don’t put enough money into the account.
Time 5: 324
1’46’’
Another three things
6.        dreaded stock squeeze: describe a situation that  a lot of buyers comes in at the same time. This is often happend when there are a lot of people short the stock but a good news released. Also, this is happened frequently in the afternoon of Friday, since most people do not want to hold the risk over weekend.
7.        Forget
8.        Use stop losses.
Timer 6: 256
1’19’’
9.        have a plan: knowing why you want to short the stock, and stick to the plan.
10.        pay the dividend: know the situation that you need to pay the dividend.

Obstacle 1243
11’42’’
Structure:
Report of the regulation
Overall effects: mixed. Positive effect accompanied with negative effects. Slow of the price discovery.

On Shares: three features:
1.rank for different industries
2.concentrated in some institute
3. Many investors crossed below the thread.

On Sovereign debt and CDS:
Not a lot of report: consider the modification of the thread

The slowdown of lending and settlement self descipline

最后关于sovereign cds 的mixed effect没有看的很懂

jjyy0202

Speed
Time2 1'52'' The short selling can gain profits from the decline of the stocks' price, and the loss of that is infinite.
Time3 1'23'' You can borrow the stocks for short selling only when the brokerage has the stocks from other investors, so the investment of short selling is dangerous to new investors.
Time4 1'44'' The loss of short selling is infinite; not all the stocks are available all the time; pay attention to the liquidity; sometimes you need to pay more margin cost.
Time5 1'59'' When too many investors rush into the market, the price may be shot to be stopped; the author suggests to use stop loss to automatically exit from the market.
Time6 1'15'' It is better to make a plan when you enter the market and the dividends from the stocks also worth of attention because they would be large if your shares is large enough.
Obstacle
6'49'' The regulation consulted by the ESMA has advantages and disadvantages at the same time. The slight difference of the threshold would make a big gap of the money. And the sovereign debt of different counties would also have a change.

Starlun

(2:16) Short sellers expected the shares would decline in short terms

so unlike long investors who would lose their investment at the worse situation, short sellers have a infinite risk.

(3:35) Short selling may not liquid as it doesnt hold in your name and not all shares can be short. Short selling is dangerous especially for new investors.

(5:01) Things about short selling: Lose more, not all share can be short, need liquid shares, open a margin account, a margin call.

(6:52) Short squeeze, how to exit, use a stop loss.

(7:55) Learn about short selling, dividends you should paid.

(16:21) Europe regulation implement policy on transparency of net short selling. Settlement DE bid offer DE mixed impact...

醒醒Shine

time 2-3
short selling definition and characteristic( downside is infinite, not be liquid)
time4-6
10 tips

obstacle   8m46s
The author expresses  the findings by ESMA's evaluation about the impact of Euro Union's short-selling regulation in 3 aspects: statistics, slowdown in securities lending+settlement discipline improves, mixed evidence in sovereign CDS, and then he or she concluded that these kinds of regulation is all too often overdone.

Yvonne52585

yeah! I'm coming back!

伊蔓达

[阅读小分队] 【41-01】经管 Short Selling
catch up~!!
[Warm Up]  00:00:41.41
[Time 2]   00:02:06.58  
[Time 3]   00:01:43.90
[Time 4]   00:01:49.83   
[Time 5]   00:02:00.98   
[Time 6]   00:01:04.65   
[Paraphrase 7]   00:08:05.92   
speed简单，obstacle确实高冷一些

khalilzang

TaoRs92 发表于 2014-8-29 13:09
Part III: Obstacle

Notes:

time 2 2'47
the  shorter buyers buy stocks which are declining in price but it is
risky because the buyer may have a potential to lose amount of money
for increasing prices.

time 3 1'54
short selling can be occured when  capitals are not linquid enough ,especially
in some small and middium-size companies.The stock shares you borrowed
from the brokerage can not be you own ,but you can sell them to other
short sellers.
It is hard to find companies which are willing to lend money to short selling and there
is no such a market.

time 4 2'00
5 rules which can make your short selling successful.
1.different situation
2.in advance
3.pay attention to the liquity
4.a margin account
5.a margin call

time 5 2'29
other rules
to avoid the situation when the stock increases to certain level before
getting into a trap and a stop loss is reconmmended.

time 6 1'30
to make a plan before you start short selling ,but rules above do not
apply all the stocks

Obstacle
the short selling regulation has a mixed impact on the price discovery
and liquity of the market ....明天继续