I agree. My observation is that they aren't what they used to be even 5 weeks ago. I suspect that one or more of the major daytrading firms are using more innovative ways to get around the uptick restrictions, thereby using straight market sell orders (not short sell orders.) The problem for...
There's no way to know for sure. I'm just not seeing large orders follow stocks down one tick above the last trade. I'm curious if anyone else has made a similar observation, or if it's just me.
Have any NYSE tape readers out there observed fewer short orders following stocks down on the open book? It seems to me there have been fewer short sellers since the start of the year. Also, has anyone heard of any different methods that daytrading firms are using to get around the downtick...
Which firms beside Bright and Hold Brothers are allowing traders to borrow stocks to short on a downtick? Also, is this available to firm proprietary traders, retail customers, customer LLC's, or all of the above?
I've been tradng all day, at "high speed" for over seven years. I haven't touched the nasdaq in over 3 yrs. How come no real live nasdaq SCALPERS are speaking up?
Lower volume nasdaq stocks make more sense, but if their range and volume expand beyond normal, they will attract more short-term players within minutes. All of a sudden there is no more flow, and lots of noise.