U.S. Rejects Nationalization of Citi and BAC [View article]
What your headline should have read is: "US Rejects Short Sellers of Citi & BoA"
This is what we need. Just stop the Shorting of America and things will work themselves out in a normal - rational - timely basis. Nothing will recover, nor will as they put it allow investors BACK into this market, as long as the rules are so bent by short sellers and no one is seeing the reality of it. All they can do is blame the CEO's and all those good people who are just trying to get things back to normal, so to speak.
The 4 Golden Rules
1. Reinstate the Up-tick rule
2. Crack down on naked short selling
3. Institute some rules on what should be said on National TV to prevent rumor-mongering
4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales retroactive to 01/01/08.
U.S. Rejects Nationalization of Citi and BAC [View article]
"US Rejects Short Sellers of Citi & BoA"
This is what we need. Just stop the Shorting of America and things will work themselves out in a normal - rational - timely basis. Nothing will recover, nor will as they put it allow investors BACK into this market, as long as the rules are so bent by short sellers and no one is seeing the reality of it. All they can do is blame the CEO's and all those good people who are just trying to get things back to normal, so to speak.
The 4 Golden Rules
1. Reinstate the Up-tick rule
2. Crack down on naked short selling
3. Institute some rules on what should be said on National TV to prevent rumor-mongering
4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales retroactive to 01/01/08.