California Grapes International, Inc (CAGR)

[camelion]

OT -Short sales SEC proposal ------------------Posted Aug 18,


New York Times: The proposal would require that short sales be made only at a price higher than the current best price being offered by would-be buyers of the stock. It is similar to the so-called tick-test, which was effective on many stock markets before 2007, but would be more restrictive and could be easier to apply given the current structure of markets. There is now no limit on short-selling, so long as the seller can locate shares to borrow.

http://finance.yahoo.com/tech-ticker/article/305124/The-SEC-Moves-Closer-to-Limiting-Shorts?tickers=^dji,^gspc,DIA,^IXIC&sec=topStories&pos=4&asset=&ccode=