May 5, 2009
Do rules exist which would prevent the snowballing of the following trading stategy:
Simplisitic example:
Large investor (or group of conspiring investors):
1) Short a group of bank stocks.
2) then, buy a ultra-short bank etf, which causes more selling of the underlying securities.
3) Cover positions at a profit.
Thank you for working on the abuses of short selling.
Peter Willms
262-241-4339