mrtaxx

No Uptick Rule: A Convenient Scapegoat?

Please excuse the spelling error, buddiesn=buddies, and any other misspellings.

No Uptick Rule: A Convenient Scapegoat?

Herb,
You lost me with the name Cramer, your buddy. Cramer has lost so much money for so many people you should be ashamed of yourself. Granted Cramer knows a lot of stocks and their past. But his future predictons are best left to the dartboard, he knows what we all do about a stocks future direction, NOTHING. Then there's his disclamer about how his predictions may have been previously disseminated, give me a break, his buddiesn and relatives already know what he is going to say. Geeee I wonder if they will trade on this information?

The article is about the short tick rule, to this I say the Markert Makers rule, not the short tick ruel.

JPMorgan Boosts Bear Bid to $10 - NY Times

I just posted a negative article, to this article, against the federal government and Bear Stearns upper management and Bears board of directors, (it was the first response to this article) and it was deleted from this site, so i'm sending a copy of my posting to this article, along with the article to the world wide news organizaions and the federal government agencies involved, etc. etc. My comment said something to the effect that since this article indicates Bear may be worth $10 or maybe even $20 a share according to this article, why the threat of bankruptcy? Why doesn't the federal government give the $30 billion backing to Bear and let Bear stay in business? Why doesn't the federal government and the board of directors of Bear back the employees (who have their future and life saving invested in Bear, and who pay their salaries) and the shareholders? Something is not right here and it appears that the federal government and Bear's upper management, along with Bear's board of directors are involved in these crooked dealings. Suprise! Suprise! Throw out Bear's upper management, get rid of the the JP morgan deal and let the employees (who have their life saving invested in Bear) and the shareholders live on.

cc - washington post. NY times, whitehouse, seekingalpha.com, congress, senator's, house of repesentatives, etc.etc.

JPMorgan Boosts Bear Bid to $10 - NY Times

If Bear is worth $10 or maybe even $20 as your article suggests, why are they selling? Why the threat of bankruptcy? Why doesn't the government back Bear with the $30 billion and let Bear stay in businesss? It looks like something crooked is going on here and the government and Bear's upper management along with it's board of director's is involved in these crooked dealings. Suprise! Suprise! Throw out the board and the upper management, get new management and let the employees who have there financial future at stake and the shareholders live on.