April 27, 2009
AS I READ ALL THE COMMENTS ABOUT REINSTATING THE UPTICK RULE ON THIS SITE ALL THE PEOPLE THAT ARE IN FAVOR OF REINSTATING THE UPTICK RULE KEEP SAYING THAT IT WOULD HAVE HELPED THE 2007 DECLINE BUT THEY ARE FORGETTING THAT IN 2000 THE INTERNET BUBBLE WHICH WAS AS OR MORE SEVERE THAN NOW THE UPTICK RULE WAS IN PLACE AND DID NOT DO ANYTHING SO ON THAT NOTE DO ALL YOU IN FAVOR OF THE UPTICK RULE UNDERSTAND THAT IF A COMPANY IS LOSING MONEY THEIR STOCK PRICE WILL GO DOWN OR GO OUT OF BUSINESS DO YOU REALLY THINK THAT GM, LEH ,MER,CITI, BEAR STERNS AND OTHERS SHOULD NOT BE TRADING WHERE THEY ARE TRADING IF YOU THINK THAT A UPTICK WILL SOLVE A COMPANY'S BAD BALANCE SHEET YOU SHOULD NOT BE INVESTING AT ALL