There is a board over on IHub that calls itself the "Authoritative NSS Message Board."
Rather than being "Authoritative," the board largely is a name-calling, cartoon pasting, self-serving gossip board run by self-styled "cyber-sleupps."
I posted my opinion and ran into the wrath of a moderator there who so often complains that her posts are deleted merely for posting her "bash" opinions. Yet, she deleted my posts that responded to her attack on this post of mine. Apparently, censorship runs one way in the "cyber-sleupp" community, a "shell game" no doubt.
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Unfortunately, the issues get lost when discussion strays from the real issue and that is whether there will be actual enforcement, and if needed, reform with respect to naked shorting, fails to deliver, MM abuse of the current system, etc.
It's not about propping up bad companies or encouraging short squeezes. It's about defining a system that more accurately reflects supply and demand, creating systems which lessen the incentive for manipulative trading, market making and collusive and monopolistic use of information.
The issue of orderly markets is a separate issue. Whether or not there should be artificial safeguards to the upside or to the downside has been studied by many. They typically don't work as there is only delay in the move. That being said, trying to equate downside movements with upside is not simply claiming parity. Panic seems to work differently in the markets than greed although individual moves may be similar if one looks at them objectively. |
