Search results

gkishot, i am sure as there is a sun that rises each day that there are innocent and there are not so innocent short sellers out there. the game is to find a means of preventing the abusive ones from operating without impairing the legitimate ones. As for the market makers, the most...

Isn't this about the Uptick rule? Would reinstating the uptick rule somehow be a major impediment on short selling? it is not like they banned short selling all together or anything. BTW...have any of you ever wondered whether there were some rogue short sellers who abused the privilege and...

bevo, I am more amused by the morons who somehow think bringing it back will kill liquidity and move money out of the US capital system. I think I have heard that with every short sale reform that has come through since 2005. Never once happened but it was an amusing threat. Since angrycat...

I love the fact that a couple of anonymous bloggers on ET consider themselves such experts and yet they are at best mere day traders hacking their way through. Lets see what some of the experts have to say. The important take on this would be....the experts can't even agree. And for the...

There ya go Angrycat I knew you had it in ya. 1. The new rule will put in place a provision that is long needed - the removal of the market making exemption. These thieves can no longer blast out bids to cover their positions. That is GOOD for the retail and for the markets. 2. My...

Angrycat, you have spouted a great deal today about empirical data. Care to provide us some of the research you personally have been using to understand the implications of the uptick rule. Please don't cite the recent Pilot program because that was a meaningless program and you have no...

Angrycat, do you drink during the day because it sounds like you do. The uptick rule pre-2007 was marked as under performing. The SEC ran some Pilot program in a bull market and deemed it a useless rule based on the changes in trading environment and the decimalization in trading. The SEC...

Angrycat - stay angry. You clearly miss the point. There is a 70 year history in having one and one year without it. the year without it was - Chaotic from all sides of the fence.

They haven't figured it out because they are short the talent to research it. there have been many accusations lobbied but only surface data presented. The SEC hasn't the skills or the desire to do a deep dive into the data to go well below surface information. The real emperical data...

I don't disagree which is why it is so confusing to see so many short interest funds coming out condeming this move. James Chanos and Richard Baker are already out on a full PR campaign with all sorts of rhetoric about how this single change will impact short selling and market price...

I believe she used the phrase 'emperical data'. The problem is, she has no emperical data that says it is not either. Political pressure, circumstance, what ever you choose. There has been no real study out that looked at the isolated cases and determined the impact on the lack of an...

1. When does valuable price discovery become manipulation? 2. There are more investors likely to panic in a falling market than a rising market because of the dynamics of the mental state of people and shear quantity of people involved. It takes a larger ratio of Buy to sell to recover a...

For nearly 70 years we had an uptick rule in place and nobody complained. It was eliminated for a year and we had a near collapse in the market (coincidence or not). Suddenly reinstating policy is to be the killer in all short sale activities. Why? 1. Do short sellers rely heavily on...

Chairman Schapiro, Commissioners, I wish to first applaud your efforts in re-opening the comments for the uptick rule. For years as investors we have been told that the Commission carries two distinct responsibilities, that of the investor advocate and that of creating growth in our...

And there you have it, exactly why Cramer is a hypocrite and a fool. His actions have nothing to do with informing the masses, it is all about him. Cramer has a contract with CNBC that restricts him from shorting stocks. This clause has hindered his abilities to make money like some of...

Senators Kaufman, Isakson, Tester, Levin, Chambliss, and Specter have submitted a joint letter to SEC Chairman Mary Schapiro expressing concern over the SEC Division of Enforcement response to the OIG investigation into the SEC's handling of naked short selling. The memo likewise addresses the...

These are the words of Henry Blodget. I suggest before you rant you read. For what it is worth, I tend to agree with Blodget. People are hoarding their money, job losses have choked sales across the board, and a rise in unemployment continues to spook bank lending. Geithner, who is...

Clearly you have a problem reading and comprehending. I am on record in this blog placing some blame on the lady but ultimately I see this as a case of abuse by the mortgage lender. 1. the borrower is not exactly an A-Student. She came in with a plan that she thought would work and a...

Her application did not say $1600/month it said $7500/month. The specialist changed the numbers to make the loan work. She didn't know it said $7500 until Dateline approached her on it.

You did hear her say that she was planning on paying the loan by having a sister move in with her correct? That means you only have half the income equation factored in. Similarly, you did hear her say that the income listed on her application was wrong as put in by the specialist. Was...