FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
Again, there is a whole different story between shorting a stock vs. naked shorting a stock. The whole naked short issue was allowed by brokerages in order to make a more liquid and efficient market. Hedge funds have totally manipulated that rule for their own benefit, and humongous hedge funds have used the rule to create one sided trading. The uptick rule was at least in place to try and control drastic price falls, the lifting of that rule creates an open window for those same funds to do as they please.
Give it time, you all will understand what I'm saying soon enough.
Hedge funds won't be regulated anytime soon.........too many influential folks have money in them..........