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Re: The Danish Dude post# 656059

Friday, 12/15/2023 2:40:43 PM

Friday, December 15, 2023 2:40:43 PM

Post# of 702454
This is just a comment by SEC. The Hedge funds are suing the SEC about rules already put in place, thankfully. But let’s hope it is enough. Some of those rules may only impact stocks on major markets and investments of a certain size, which may unfortunately leave microcaps still at the mercy of short hedge funds and short traders, ganging up to manipulate valuations.

Nonetheless, it is likely that even then such rules should help as many companies may not be able to really distinguish microcap trading and may apply the rule to all of their trading. Let’s hope.

“SEC hits back after Hedge Funds sue SEC over new short selling rules: “

I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.

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