May 8, 2009
I belive that the short selling has drastically contrubited to the huge losses we have suffered in the stock prices of our financial stocks. It seems that just as soon as the stock starts to rise a bit, some rumor or tib-bit leakes and immedialty the stock prices spiral down. If you watch the stock market you can see a pattern.
I believe that the rule should be banned, like the temporary one that used earlier. We are average citizens that are at the mercy of the greedy and day traders. They start the process of making the stocks drop and profit from the pain of the average stockholder.
The stock market has turned into a place that the average person can not participate in, due to the professionals controlling the market for their gain.