No Quick Recovery for Stock Markets [View article]
Manipulations in the stock market , feeding in expense of the US economy , are the fuel of the vicious cycle that spirals into an eventual financial destruction .
Naked shorting , an unlawful manipulation , where short sellers may borrow astronomic amounts of stock shares for selling while the lenders have only samll quantities of those .
The well capitalized short sellers may drive down any stock to any low point , for the fact that there are unlimited supply of stocks to borrow .
Drastic drops would naturally attract panic sales at a loss .
The average investors would lost heavily and some of my friends once well to do , consequently , fell behind in their mortgage payment .
Foreclosures jumped more than double since October , 2007 when the financials started to fall .
Should the financials be made to fall by naked shorting , while the rescue plan being legislated , the confidence of the average investors would be completely destroyed .
The financials and thereby the economy of USA would then be routed to destruction .
This is the crucial time to buy against the short sellers .
SEC made " emergency measures " to curb naked shorting but nullified its effect by exempting market makers to the measures .
Financials fell drastically while the Bush Administration stated that the rescue plan would be legislated .
The drastic drops strongly support that naked shortings are still very active .
Average investors invest in the future and thereby would not sell at the said announcement by the Administration .
The US economy cannot turn around unless the naked shorting can be eliminated .
SEC can simply require delivery of the borrowed stock shares within one or two days .
The lenders have to have the stock shares to be delivered .
Naked shorting would then be naturally be extinguished without any extra paper work or confusion .
Why does SEC not using such simple but effective measure to curb naked shorting ? We don't know .
Buy against short sellings until SEC put its acts togather .
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Manipulations in the stock market , feeding in expense of the US economy , are the fuel of the vicious cycle that spirals into an eventual financial destruction .
Jul 27 12:21 pm
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All Comments by friend »No Quick Recovery for Stock Markets [View article]
Naked shorting , an unlawful manipulation , where short sellers may borrow astronomic amounts of stock shares for selling while the lenders have only samll quantities of those .
The well capitalized short sellers may drive down any stock to any low point , for the fact that there are unlimited supply of stocks to borrow .
Drastic drops would naturally attract panic sales at a loss .
The average investors would lost heavily and some of my friends once well to do , consequently , fell behind in their mortgage payment .
Foreclosures jumped more than double since October , 2007 when the financials started to fall .
Should the financials be made to fall by naked shorting , while the rescue plan being legislated , the confidence of the average investors would be completely destroyed .
The financials and thereby the economy of USA would then be routed to destruction .
This is the crucial time to buy against the short sellers .
SEC made " emergency measures " to curb naked shorting but nullified its effect by exempting market makers to the measures .
Financials fell drastically while the Bush Administration stated that the rescue plan would be legislated .
The drastic drops strongly support that naked shortings are still very active .
Average investors invest in the future and thereby would not sell at the said announcement by the Administration .
The US economy cannot turn around unless the naked shorting can be eliminated .
SEC can simply require delivery of the borrowed stock shares within one or two days .
The lenders have to have the stock shares to be delivered .
Naked shorting would then be naturally be extinguished without any extra paper work or confusion .
Why does SEC not using such simple but effective measure to curb naked shorting ? We don't know .
Buy against short sellings until SEC put its acts togather .