fiddy well deserved bumps
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thats no goodYour leader for Adult SEO Services
19+ Years Serving the Adult/SEO Industry
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expectations
expectations
expectations
expectations
expectations
expectations
no more expectations
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bout fucking time, now they have to drop this insider trading bullshitOriginally posted by MattK
Starting january 3rd, you will be able to short most
stocks without an uptick in prices:
Short-selling experiment wins blessing of the SEC
By Floyd Norris
The New York Times
June 28, 2004
Shorting the stocks of some of the largest companies is about to become easier. But shorting the stocks that some investors view as the most overvalued will become more difficult.
The Securities and Exchange Commission approved a new rule on short selling last week that for the first time in decades would allow some stocks to be sold short even though the price was falling. The original rule, which let investors sell most stocks short only when share prices were rising, was adopted during the Depression at a time when short sellers were blamed for the 1929 crash.
Short selling is the practice of borrowing shares and then selling them. It is usually done to bet that the stock price will decline, which allows the seller to buy the shares back at a lower price and pocket the difference after returning them. But it can also be done as part of hedging strategies.
To many economists, short selling helps to create efficient markets for stocks by allowing prices to be influenced by everyone who has an opinion on a stock, and restrictions on the practice therefore impede market efficiency.
But many companies bitterly complain that traders use it to drive down prices in what they call bear raids. They are especially angry about so-called naked shorting, in which stocks are sold short even though the seller has not borrowed shares.
The SEC has agreed that for a year, beginning on Jan. 3, one-third of the stocks in the Russell 3000 would have the basic limitation on short selling removed. On the New York and American Stock Exchanges, that limitation bars a short sale of any stock except at a price higher than the last different price. On the Nasdaq, there is a somewhat similar rule based on the bid price.Comment
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..How low can we go?
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They'll just invent a new public scam like they did with the v-chip before the streaming patents. They come out a few million ahead each time..Comment
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