Another short raid . Heard Senator Kaufman yesterday on Bloomberg talk about the changes they are going to do about these high fregency trades by hedge funds and brokers like GS. I sent him a letter and said that anything they did needed to start with banning shorting as India. Please email your senators and get the ball rolling. The SEC is not doing its job to protect the small investor from the sharks of Wall Street.
I don't think so. "The last SNV insider buy occurred when PRESCOTT THOMAS J purchased a total of 10,000 shares on November 5, 2009. In the last 5 years insiders have on average purchased 65,543 shares each year." Investors won't belly up till Insiders show faith in themselves.