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Strategies & Market Trends : Americans 4 "No Own - No Sell"

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To: Ga Bard who wrote (2)9/30/2001 3:48:16 PM
From: Ga Bard   of 455
 
Q8. Could a short seller initiate downward momentum on the price of a security through short selling down to the threshold price? If so, could this momentum cause the depressing effect on the market for a security that Rule 10a-1 is intended to prevent?

ABSOLUTELY! on both accounts. Until stricter transparency is required if the price falls below the threshold short selling should be halted. Off shore naked short selling will take over for sure.

P2bAAAT & DSAS
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