NYSE & Uptick Rule

Discussion in 'Trading' started by wercurna, Oct 30, 2003.

  1. For the same reason you would buy a bullet in a Nasdaq stock. For instances when you just gotta have it.... kind of like PNRA today on the news. If you waitng for an uptick youre never getting the stock until much lower.

    Banker
     
    #11     Oct 30, 2003
  2. ortega

    ortega

    I remember reading something back in May about the possibility of doing away with the short sale all together on extremely liquid stocks (no I don't have a volume number). I think they were discussing trying it for a few weeks at most. I don't know whatever came of it. Just thought I would share.
     
    #12     Oct 30, 2003
  3. Thanks a lot for all replies, i now understand much better what the new thing will be. I thought initially that they were banning the whole short sale rule, now i see.

    thanks,

    wercurna
     
    #13     Oct 30, 2003
  4. arnegr

    arnegr

    answer all, bullets
     
    #14     Oct 31, 2003
  5. As long as we can still identify the Short @ Market seller everything will be fine.

    wercurna,
     
    #15     Nov 1, 2003