September 18, 2008
I am a small stockholder that has seen the value of home diminish and now the value of my stock investments diminish. Common sense says the elimination of the up-tick rule has hurt myself and many others...the practice that hedge funds are doing right now is hurting the entire country. Which bank are the shorts going to attack next so that their fund can make money? Why would you make it easy for anyone to short a stock is amazing? Permanently put back in force the up-tick rule. The banking system is in deep trouble but the rule should be in place for every stock permanently.