Americans 4 "No Own - No Sell" Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ga Bard who wrote (206)	10/2/2001 1:04:00 PM
From: $Mogul	Read Replies (1) of 455

Hey Ga Bard... one of the real driving motivational reasons why naked ss was alowed was for the use of Institutional Maret Makers to get a better grasp of there equity at all times. If a study was done on historical records of how many Institutional firms who have market making divisions with a position in the equity, I think the results woudl be off the charts..due to there profit constution for daily trading profits throughut the quater. I find that over the lst 5 years or so that a colusion between many of the leading firms in there equity trading divisions is at fault here, a subject not looked into by the SEC or any other sanctioning body. The thing is with a market maker taking on a naked short..the nasdaq regs allow them to do it with just a simple short sell order, so there is no clear method of statusing that order as a naked short or a short(with a real equity behind it)...either way it is just a short sell to the firm. Anything offshore that is illeagly perpatrated just adds fuel to the fire.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next