Finally there is a guy on this board that makes sense!! YOUR POST "WINS" FOR THE MOST LOGICAL AND ACCURATE INFO.... with one exception. My post....... When MM squeeze this pig the shorts will be running for the exits in mass exodus AND ther will be bleeding on the streets!! can't keep a stock down especially when the Naked short ruling is coming down the pipe from the SEC. All naked shorts will have to cover and then they will be squeeling... t *The GOV has Spoken!
will the shorts fear enforcement? Can it be enforced? I think it is so huge that they'll play the odds and realize that getting caught is a huge longshot? Unless the inveSting masses rise up, who will prod the gov. to give the SEC more manpower, money, whatever to actually do the enforceing. Many dirty important fingers in this naked shorting pie, no doubt in my mind but of course WHAT THE HELL DO I KNOW, i JUST KEEP TAKING THE BEATING.
Hard to argue with your reasoning. At this point, I would settle for their never being able to do this again and that may be a more realistic expectation for action by the SEC. I know that lets them get away with past rapes and I do not like it, but if they cannot do it again, then we will have no more downward pressure on the stock, after the margin selling is completed.