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    • Topic: 
    • Stock values: Investigate how the removal of the uptick rule is destroying st...
  • From: sleeplessinOregon
  •   To: mjnw23
  • 3 of 9
  • 1/23/09
Please post more information about this rule and where to read the actual rule. Thanks for the interesting post
Message 17380.4 was deleted
  • From: aliabassi1
  •   To: mjnw23
  • 5 of 9
  • 1/25/09
There is know proof that the uptick rule or shorting a stock actually brings a stock down. To say look at the dates when the uptick rule was instated and todays stock prices is not a real reason simply because a lot of things changed during that time aswell. Lehman didn't go bankrupt because they were being shorted, they went bankrupt because they had risky investments. Washington Mutual didn't have a bank run because their stock was being shorted it's because the bank wasn't conservative with their money and both these insistutions weren't making any money. That is why investors short them. You also got to consider that some Joe and Jane investors make money of shorting a stock.

The average Joe and Jane investor should know there is risk involved when they put thier money in the common equity market. Plus if they are diversified like any smart long term investor they wouldn't be in such a big mess.

Your idea that the uptick rule will save the economy is wrong, "what came first the chicken or the egg" is relavant to the topic, what came first the solventcy issues or the short sellers?
  • From: aliabassi1
  •   To: msmbiasisreal
  • 6 of 9
  • 1/25/09
You can't sell short. You can buy US Stocks short but when you sell, it is called covering your shorts which creates demand which brings up the price. I don't know if you know anything about stocks but your "Facts Facts Facts" are a little bit off. If he shorted the US dollar why is it so high compared to the Canadian and the Pound?

Your Soro's post is very debatable, at the end of the day he has investors and he is an investor. His goal is to make money and I think he is doing his job very well.
Message 17380.7 was deleted
  • From: sleeplessinOregon
  •   To: msmbiasisreal
  • 8 of 9
  • 1/25/09
Very true..I believe this guy used loop holes when available and deception when needed. His motivation was not for the stock holders but for his own benefit. He took advantage of those who trusted him and abused the powers given. Someone like this puts a great deal of importance on money and power. I would love to see him broke and working for minimum wage. No health coverage and shopping at discount stores just to provide the basics. That would be appropriate
Message 17380.9 was deleted
 
 
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