No Uptick Rule…This Toy has HURT the Bears
- Posted by Howard
- on September 4th, 2007
Of course there will come a day when the no uptick rule haunts us, but not quite yet.
Too many newbies think that it was a field levelor. Please. Shorting is man’s work and 99 percent of the people that short stocks have no clue.
The real pro’s could give a shit about the uptick rule. The newbies are getting toasted in this rally because it is too easy to short stocks.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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