The SEC Has Lost All Credibility

Discussion in 'Wall St. News' started by libertad, Jul 24, 2008.

  1. If they extend this to the whole market... we're going to have ourselves one nasty tank, instead of a prolonged bear market...
     
    #21     Jul 29, 2008
  2. ?????????????

    8.5 billion in fails you can see. Probably more than that you can't. And you think we're going down?

    10% upmove. Find the right ones, who knows.

    that 8.5 bb is marked to market. Where do you think the buyins take you?
     
    #22     Jul 29, 2008
  3. Without short sellers to take profits during down movements, there much less resistance to the panic...

    If you make it virtually impossible to allocate shorts for a stock at a reasonable price then you reduce the number of short sellers. When you reduce the number of short sellers, you reduce the % of people who are not acting out of panic when the market is dropping.
    This, however, has no effect on delivery. The SEC is still not enforcing the law, making the FTD's buy-in.

    If they decide to force FTD's to buy in... then you'll have a strong move up...
     
    #23     Jul 29, 2008