Peak Insanity: SEC Plans to Temporarily Ban Short-Selling [View article]
The SEC had to step in and ban shorting. Because of incessant and non-regulated shorting, financial companies are failing literally overnight instead of it being a gradual process over months.
That kind of rapidity causes ultra panic in the markets and all stocks - even good ones with no link to financials - get sold off, and the cycle goes on like that until the markets are completely crippled.
Then its like a death grip. Like someone standing over an injured man lying on the ground and stepping on his windpipe.
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The SEC had to step in and ban shorting. Because of incessant and non-regulated shorting, financial companies are failing literally overnight instead of it being a gradual process over months.
Sep 19 06:39 am
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All Comments by not here »Peak Insanity: SEC Plans to Temporarily Ban Short-Selling [View article]
That kind of rapidity causes ultra panic in the markets and all stocks - even good ones with no link to financials - get sold off, and the cycle goes on like that until the markets are completely crippled.
Then its like a death grip. Like someone standing over an injured man lying on the ground and stepping on his windpipe.