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Neostem, Inc. Message Board

  • hwmccusker hwmccusker Jul 24, 2013 3:24 PM Flag

    The short sale rule 201 was put into effect in early afternoon.

    This alternative uptick rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10% in one day. It will enable long sellers to stand in the front of the line and sell their shares before any short sellers once the circuit breaker is triggered. The rule is designed to preserve investor confidence and promote market efficiency, recognizing short selling can potentially have both a beneficial and a harmful impact on the market.

    Sentiment: Hold

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