China Growth Stocks

[Drexion2004]

CCCL: Isn't there a rule in place now that short-sales become restricted for a day if a stock goes down 10%? Maybe thats why.

http://www.sec.gov/news/press/2010/2010-26.htm

"SEC Approves Short Selling Restrictions
FOR IMMEDIATE RELEASE
2010-26
Video: Open Meeting
Play video of SEC Chairman Schapiro discussing short selling
Chairman Schapiro Discusses Short Selling:
Windows Media Player
QuickTime Text of Chairman's Statement

Washington, D.C., Feb. 24, 2010 — The Securities and Exchange Commission today adopted a new rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure. The measure is intended to promote market stability and preserve investor confidence.
Additional Materials

SEC Final Rule — Amendments to Regulation SHO

This alternative uptick rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10 percent in one day. It will enable long sellers to stand in the front of the line and sell their shares before any short sellers once the circuit breaker is triggered."

-Fernando