August 12, 2008
The SEC finally does something about short selling, that stabilized the markets, BUT now decides to end the ban on Naked short selling............and just look at all the rumor mongering analysts and hedge funds(i.e. Michael Price) lining up to short all the financial institutions to bring them to their knees!!!!!!!!! When will you people ever learn that short selling is ALWAYS going to breed rumor and other illegal activity to promote greed even if it means bringing down every financial institution or for that matter any company they choose to target. DO THE RIGHT THING..........END SHORT SELLING PERIOD!!!!!!!!!!!!!!!!!!