If the stock drops more than 10% they want to halt short selling. But why not halt people from going long if a stock goes over 10% to protect people from stock pumpers.
So pumping up prices to stupid levels is okay, but it is not okay to discover a company is full of shit and shortsellers push it down?
Maybe the SEC should listen to shortsellers, maybe they will learn about things like Repo 105,enron,etc.. before they explode.
So pumping up prices to stupid levels is okay, but it is not okay to discover a company is full of shit and shortsellers push it down?
Maybe the SEC should listen to shortsellers, maybe they will learn about things like Repo 105,enron,etc.. before they explode.