Short Ban: Government Policy Created Too Hastily [View article]
The boneheads at the SEC should never have eliminated the "uptick" rule in the first place..which, I believe, opened up the door to naked shorting. When I first got into the biz 30 years ago..I would always get a charge out of hearing someone from the floor over the house squawk box saying: "The locals are covering their shorts!" What were they doing with their shorts down in the first place!? Couldn't they leave the pit to go to the men's room?!
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The boneheads at the SEC should never have eliminated the "uptick" rule in the first place..which, I believe, opened up the door to naked shorting.
Sep 19 08:00 am
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All Comments by Redman »Short Ban: Government Policy Created Too Hastily [View article]
When I first got into the biz 30 years ago..I would always get a charge out of hearing someone from the floor over the house squawk box saying:
"The locals are covering their shorts!" What were they doing with their shorts down in the first place!? Couldn't they leave the pit to go to the men's room?!