Sunday, December 16, 2007

Paragon and Bradford&Binge in the top-4 shorts

Short-selling on FTSE250 at 3-year high

"Paragon, the struggling buy-to-let mortgage lender, is the next biggest short in the index with 21 per cent of its shares shorted. Other big shorts include ... Bradford & Bingley, the mortgage bank" Personally, I am going to sell pounds. Euro is safer, Dollar and Yen are good speculative bets.

Posted by confused76 @ 09:37 AM (554 views)
Please complete the required fields.



2 thoughts on “Paragon and Bradford&Binge in the top-4 shorts

  • link doesnt work

    Reply
    Please complete the required fields.



  • Already done

    We pulled all our Sterling out of savings and with-profits-bonds (and yes they did do very well this year) – and converted to Euros. Sadly we should have done it a month earlier but we do seem to have missed the worst of the recent fall of the Pound against the Euro

    I note that not many “news” organisations look at the EUR-GBP exchange rate – which is odd as a huge proportion of our trade is with Europe and NOT the US.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>