Actually, the so-called 'circuit-breaker' is little more than a 'short-appeaser'. Such a mechanism allows a stock to be shorted down as much as 20% on a given day before a 3-day trading hiatus kicks in. Shorts can gouge out up to 20% before the circuit breaker kicks in. Why should this be permissible? Over 5 trading days of continuous assault, a stock could be decimated. If the stock is only shorted down to 19% on a given day, no 'circuit-breaker' activates. This is not acceptable. The SEC must ban shorts now in line with major European partners. It's time for longterm investors to have their investments protected and for companies to be valued for their fundamentals, not devalued via lies and innuendo.
Let's stop the shorts in their tracks BEFORE they decimate another business. Cox, get some balls and ban them, just like the UK and many other countries did.
Latest On Hedge Funds, Banks And Bailouts [Housing Tracker] [View article]
I have NO sympathy for the manipulative hedgefunds and disloyal shorts who've caused a run on the banks. The SEC needs to grow some gonads and get these people. Good riddance!
Combating Cascading Short Spirals [View article]
Such a mechanism allows a stock to be shorted down as much as 20% on a given day before a 3-day trading hiatus kicks in.
Shorts can gouge out up to 20% before the circuit breaker kicks in. Why should this be permissible? Over 5 trading days of continuous assault, a stock could be decimated.
If the stock is only shorted down to 19% on a given day, no 'circuit-breaker' activates.
This is not acceptable.
The SEC must ban shorts now in line with major European partners.
It's time for longterm investors to have their investments protected and for companies to be valued for their fundamentals, not devalued via lies and innuendo.
Can the Banking System Handle Huge New Write-Downs? [View article]
Most folks knew full well what they were getting into and welcomed the chance to get a mortgage.
Combating Cascading Short Spirals [View article]
Cox, get some balls and ban them, just like the UK and many other countries did.
Paulson in a State of Panic [View article]
They destroy companies and the economy.
Awaiting Apple Earnings and Guidance [View article]
What is this a friggin' parallel reality, here?
Time to stop these ridiculous guessing games, now!
Shoot the analysts, hedgefunds, shorts, and, let's not forget, the good-for-nothing SEC.
You going to punish Apple, as the messenger?
Latest On Hedge Funds, Banks And Bailouts [Housing Tracker] [View article]
MBIA Sues Countrywide: Part of the Solution to Clean Up the Lies [View article]
apppro is right.
Paulson and Bernanke: A Conspiracy of Dunces [View article]
Could Lehman's Failure Cause a Systemic Meltdown? [View article]