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Re: None

Monday, 03/20/2017 3:55:36 PM

Monday, March 20, 2017 3:55:36 PM

Post# of 700615
In 1938 the uptick rule was established to prevent "unwanted selling"
and to prevent excessive margin buying. It was the last trade plus
3/4 point.

Today we have a 10% rule that controls nothing...

We need to have an updated uptick rule..

1. No shorting below the prior day's close.
2. No shorting below $3.00 (no margin ,no short)
3. Shorts are a derivative transaction and must have same day settlement


Perhaps we need a "Short America Campaign" to make the process so popular
that congress puts a end to retail being ripped off. That is what happened to cigarettes with the Joe Camel advertising... The people
finally rebelled about being killed by big tobacco.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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