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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
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To: rrufff who wrote (3958)11/3/2008 7:47:24 PM
From: Hawkmoon1 Recommendation   of 5034
 
Pretty simple solution.. if they vote for no short-selling, then margined stock purchases should be also made illegal in that state. After all, the only stock that should legally be available to short is margined stock.

Also, I think the public stock in any company with a corporate domicile in S. Dakota might be protected under such a law.

Of course, I don't see how online brokerage accounts, or stocks of non-S Dakota companies can be governed by this state law.

Hawk
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