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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (366)	10/5/2001 6:48:53 AM
From: Ga Bard	Respond to of 455

Looking for those who would like to be part of putting together a letter that would address to the lawmakers and the media about abuses and manipulation of Illegal Naked Short Selling especially the offshore groups and interest and their propaganda. I would say insighters.com to chat but I can't figure that site out or how to navigate it ... So we can always start a Yahoo Club to get all the issues clearly represented. Send me an email ... P2bAAAT & DSAS

To: Ga Bard who wrote (366)	10/5/2001 8:27:05 AM
From: joseph krinsky	Read Replies (1) \| Respond to of 455

It was interesting to see them say that on some stocks there isn't much liquidity, and shorting would hurt their prices. The shorters say that shorting helps liquidity. If shorting helped liquidity, why does Barry Hyman say that some stocks don't have much liquidity? All stocks should have liquidity, we have shorting. Indexes that are used by institutional investors for hedging, like the QQQs, can handle the pressure from short selling, since they're heavily traded, says Barry Hyman, chief investment strategist at Ehrenkrantz King Nussbaum. He says eliminating the uptick rule would hurt the price of illiquid individual stocks. "Many stocks outside of the S&P 500 aren't liquid enough to handle a bad news story and the selling pressure of having people short it," says Hyman. He adds that illiquid stock prices would be battered by the downward pressure.