Sunday, February 14, 2010 12:52:11 PM
HESG could be out of business tomorrow that is not the point...
Buying a pinkie is more riskier than shooting craps at the dice table, we know that going in...
However the question of ST & TDA permitting selling and not buying remains , of any stock. If someone is selling , someone is buying.
So why restrict buying? It effects the pps and psychology of the stock. Does TDA have better inside information than E-Trade which continues the trading of HESG unabated ?
Halting of buying on any stock , does that give MMs a chance to
cover a large short position ?
I dont doubt HESG would have eventually gone back to .0001/2 without the buying restrictions. So why did TDA & ST have to insure that it did in a more rapid manner?
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