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To: CodeToad

Do you think that the uptick rule should be reinstated for regular shorts if they ever banned the naked shorts? Just curious


38 posted on 05/18/2010 1:16:35 PM PDT by Lilpug15 (The Forgotten Man: He works, he votes and he generally prays - but He Always Pays": Sumner)
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To: Lilpug15

Nope. Shorting is fine. It is a valid technique and should be employed as anyone wants. The reason the uptick rule was established was because there is extreme naked shorting. I have personally been involved with stocks that have been proven to have been naked shorted for many times the amount stock was ever issued.


39 posted on 05/18/2010 2:59:28 PM PDT by CodeToad
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