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Re: daytrader1988 post# 161309

Saturday, 01/28/2012 12:08:14 PM

Saturday, January 28, 2012 12:08:14 PM

Post# of 312101
From what I understand, it's also a TAX FREE gain. There's no taxable event that takes place, so there's extra incentive.

I feel legit shorting should be allowed, but they need to reinstate the uptick rule so they can't just pile on and bury a company:
http://en.wikipedia.org/wiki/Uptick_rule

And naked shorting should be 100% illegal. I can't sell a car I don't own, so why should this be any different?
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