Loading...
Symbols:
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
Transcripts
- Host Hotels & Resorts, Inc. F3Q08 (Quarter End 09/05/08) Earnings Call Transcript
- General Electric Company Q3 2008 Earnings Call Transcript
- DragonWave Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
- Emmis Communications Corporation F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
- Audiovox Corporation F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
- Robbins & Myers, Inc. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript
- Total System Services, Inc. Q3 2008 Earnings Call Transcript
- Tortoise Capital Resources F3Q08 (Qtr End 08/31/2008) Earnings Call Transcript
- Intraware, Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
- LTX-Credence Corporation Business Update Call Transcript
-
Editor's Picks
-
Most Popular
- 10 Reasons I'm Glad To Be Doing Business in America
- AMD Sheds Fabs to Keep Up with Intel
- Are Analysts Being Fooled By The Data?
- Auto Industry: Is Government's Loan Actually a Bailout, Payback, or Investment?
- Competitive Markets Don't Just Happen; It's Time to Regulate In the Public Interest
- The End of the BRIC Trade
- Full list of Editor's Picks »
- Why Cramer Should Be Suspended »
- The Bottom's Within Sight - Barron's »
- Bargain Buys For Patient Investors - Barron's »
- Back Room Deal? - Cramer's Mad Money (10/10/08) »
- Largest Bond ETF Now Trading At a Massive Discount »
- Is Gold A Sucker's Bet? »
- What Does Warren Buffett See in General Electric? »
- This Isn't a Bottom, It's a Disturbance in The Force »
- Paulson in a State of Panic »
- Jeremy Grantham: Stocks Still Aren't Cheap »
- The Crash of 2008 »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Fred S
18 Comments
How the Stock Market Is Like a Dog on a Leash
Achieving Outperformance in a Low Return World
Top 5 Country ETFs from the Motley Fool CAPS Survey
The (Abandoned) Uptick Rule and Blaming the Shorts
However, the unknown extent of naked shorts used to manipulate low-float stocks is a little scary. The interesting and well-narrated presentation at businessjive.com (as mentioned above) is really worth a look if you want to understand terms like NTCC, BD, SHO, and the "death spiral convert".
How Much Can We Blame the Uptick Rule?
What was the result of the 1000-stock pilot study? Did these stocks behave differently as a result of removing the uptick rule? Goggling "uptick rule pilot study" will get you to relevant articles, eg,
www.helium.com/items/5... . The general conclusion seems to be that neither volatility nor return were changed.
However, "Unfortunately, the study did not examine the consequences for low float stocks (stocks with few number of shares traded daily) and small cap stocks, which are targets for manipulation."
I don't know my away around stock manipulation, but it seems quite possible to manipulate on the upside too. Why not have a "downtick" rule to prevent manipulation on the upside? Just kidding in a way, but perhaps a "tick" rule is the wrong way to solve these problems.
Argentina’s Merval Index: An Overview
Merrill Lynch: Per Capita Recession Began in Q4
Bracing for a 'Lost Decade'
CFOs: Recession Has Already Started
Take a Piece of PowerShares' Emerging Markets Technical Leaders Pie
Asset Allocation: Investing by the Numbers
Two Explanations for Surging Oil Prices
That's an impressive list of famous people. BUT it raises some questions. First, what is the source of this list. Second, you've omitted the list of the nay-sayers - could it be even larger? And finally, the judgment of some is quite suspect (eg, Rick Wagoner seems to build cars as if he believed otherwise).
Not that it's wrong, but this list without documentation or balance feels like hype rather than help.
David Swensen On Keeping It Simple
Can't Short XHB? Create Your Own Homebuilders ETF to Short
Sharpe Ratios on 2007 ETF Returns