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Monday, September 22, 2008

No Fear: DHIL Opts Out of Short Selling Ban

I don’t know anything about this company… except that I like their style. Well played.

DHIL has VOLUNTARILY opted out of the ‘emergency short selling ban’.

That right there is a confidence builder. (Well I'm not going to short them...)
The chart looks healthy with DHIL above all key moving averages, especially the 200 day EMA (green line). Looks to be consolidating... which is one hell of a victory in this environment.

Actual release here.


Anonymous said...

Diamond Hill shorts other companies. I occasionally use their long-short fund (DIAMX).

Ben Bittrolff said...

Hahaha... you gotta be kidding me.

Anonymous said...

Nope, they have had fairly decent returns this year. 50% of the market decline.

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