May 5, 2009
Two recommedations:
l. Reinstate the UPTICK RULE
2. Stop abusive short-selling. Halt the ultra short
ETF funds. Stop naked short selling that pushes the
markets into virtual "free falls" and makes good
companies virtually worthless by hammering their stock
prices into the ground
I hope SOMEONE (Mary Shapiro) is listening to the little guy, the individual investor who makes up the majority of the "market" economy. It's about time someone in Washington stands up for the average American and doesn't back the "fat cat" investors on Wall Street who only look out for their own gain as they do everything in their power to destroy the appreciation and upside potential of stocks of "good" US companies.