Yeah eliminate it entirely..
Short sales, bye bye, we don't need em, supply vs demand can effectivly price a stock, for someone to "borrow" my shares on their "bet" that the stock is going down makes no sense, and it does nothing for the evolution of innovation..
1. If we all had the MAJORITY of choice to say no, no short sales on my security, you can't borrow my shares...Then it could not go down unless the uncertainty builds in the buyers, right?? But it seems like we do not have that chioce as a majority ANYWAY!
2. The SEC has no data of studies on the impact of short sales, SO HOW THE HEELL CAN they even consider a decision without adequate numbers?? DUH!
3. If an OTC company is going to the tubes, investors hear about it, they sell, then shorts increase and build to a deathly number, do we not think that isn't a huge impact?? The stock price went down because investor's dumped anyways.. So can a company get out of its' mess with a huge short position that in UNDISCLOSED and not required to cover?? SOUNDS IMPOSSIBLE AYE.. How is this helping the company? What if the company does climb out of the black hole, needs to dilute, then fails because of the short placed on it, because dilution can't pay the bills and the short killed the stock price..
4. The OTC listing requirements recently established has enough credibility TO MAKE THEM ELIGIBLE OF THE SAME REGULATIONS, wouldn't ya think?? Should be a given! DISCLOSURE OF SHORT SALES, GIVE ME A BREAK SEC!
5. I think that the American dollar is at its' peak of value, so I'm going to ask my bank to borrow me your money, so I can sell it and buy it back when your money runs out of value, for my profit.. But you'll be broke and i'll be rich, is that okay with you people??
6. God this whole issue makes me sick I'm going to throw up now, see ya.. |
