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lee kramer

04/07/09 2:10 PM

#620187 RE: Bruce A Thompson #620186

Bruce: I listened to the video. I remember when the up-tick rule was in effect; trying to short a stock and waiting for an uptick, seeing my "short" drop and drop, finally an uptick, but I wasn't first in line and couldn't get the short off...and thinking that prior buyers weren't forced to buy on a "down-tick." Sorry, but the game is skewed a bit to the long-side.
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zigzagman

04/07/09 2:12 PM

#620188 RE: Bruce A Thompson #620186

Share dilution of any kind is never good for a stock's PPS...

These people asking for no restrictions are on the wrong side of public sentiment, and I seriously doubt they get their way...We'll here more from the SEC tomorrow on their rule changes to the Uptick Rule and naked short selling in general...
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brightness

04/07/09 8:20 PM

#620215 RE: Bruce A Thompson #620186

I don't think that advocacy would get anywhere. OTOH, rampant naked shorting in the market place would encourage high dividend yield ratio. Dividend yield would be the cost of carrying short, and a rational basis for owning stocks for the long run.