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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (12226)3/9/2001 7:48:28 PM
From: Threei  Respond to of 18137
 
Throw in this strange manner to halt the stock before any substantial announcement, and traders find themselves in fact involuntary "overnight holders" - "night" might continue just 1 hour but the outcome can be as devastating as with "true overnight hold".

Vadym



To: TraderAlan who wrote (12226)3/9/2001 8:29:44 PM
From: KymarFye  Read Replies (1) | Respond to of 18137
 
"many traders will shortly find themselves unqualified to sell stocks before overnight settlement."

Guess I'm a little slow today: What do you mean?



To: TraderAlan who wrote (12226)3/9/2001 8:55:55 PM
From: Dominick  Read Replies (1) | Respond to of 18137
 
I have no problem with firms protecting themselves financially but I believe the real point here is a non-legislative body has no constitutional authority to make regulations forcing owners of ANY type of property,( assets), to hold for a loss or deny selling for a profit. Or exact the number of times allowed to buy and sell.

That is, unless no one protests.


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