June 3, 2009
The uptick rule should be reinstated.
This is another way to combat crazy abussive naked shorting.
If "NAKED SHORTING" is stopped altogether then possibly the repeal of the uptick rule could be in affect.
With "naked shorting" as it is the uptick rule should be put back in place.
Shorts should register shares borrowed just as longs need to register their shares to go long.
There is unfairness in the markets, everyone knows this. Nobody is fooling anyone here.