April 7, 2009
If the UPTICK rule applies how does a small invester place a sell order when he/she is away from the computer. How does a small invester sell a stock when bad news is publisied and our investment drops like a rock and we cannot sell to protect our investment because the stock is dropping and the UPTICK rule prevents selling as the stock is not going UP.
I cannot understand why stock sellers are permitted to make profit when stocks drop in value. That appears to me to be a way of MANIPULATING the market. If an invester can make profit from a decling market it encourages people to whisper bad things about a stock just to drive the price down so that they can profit while others lose.