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The SEC's Campaign Against Naked Shorting: Misguided or Right On?

Another guess: A-B-C is 0-100-0.

This is pure manipulation by the SEC, They are simply trying to frighten the shorts, and they are doing the bidding of all the financial firms that realized that too many people were getting in on a game that they like to have for themselves. And this time they were themselves on the receiving end of some very well deserved shorting, so they wanted to create a psychological barrier to shorting.

Think of it as a truce among financial companies: No more shorting of each other, and frighten the rest of the world not to short them as well.

It won't work in the longer run.