July 25, 2008
It seems that a rule against naked shorting the financials gives this industry a protected status. The rest of the market needs the same protection. Whatever happened to just plain "selling" to demonstrate lack of confidence in a stock. The volatility and maipulative forces that have surfaced in the market - partly caused by all of this shorting - undermine confidence on a broader scale that is not justified. If the rule against shorting is justified for the financials, it ought to be justified for the rest of the market.