Allow me to clarify. The uptick rule was removed in 2007 as it had stood since 1938. This rule stated that no stock could be shorted unless someone had purchased with a previous uptick. The current rule reinstalled in 2010, conveniently, after the Barron's had robbed most equities of 50-90% of their wealth says that only when a stock has fallen 10% or more in a single day will a rule be put into place. This was the case, the day after earnings, but is not the case 99% of the time. Sorry for the lack of clarification.
So let me get this straight? This company has done nothing but report successful numbers since starting as a public trading. They are on 2nd generation products with tons of patents and a successful and continually developing eco system. They have established celebrity endorsements and run widely successful commercials and Wall Street hates them? No way, I have been doing this way too long. Wall Street Analysts almost all find the company in favor. This is a bear raid led by the company who wants to own them, most likely, Tim Cook and Apple. He has the resources and the underhanded henchmen to accomplish such a task . With no uptick rule and free reign to short at will whoever is responsible has taken this very successful company down to Alcoa Aluminum type price/earnings ratios. The way to beat them has been posted many times. Buy the stock in a cash account or an IRA account. Buy a Blaze Watch or Alta watch. Tell your friends and family to do the same and buy the stock. At some point the investors will own the lion's share of the company and not sell on earnings day like these manipulators have been doing.