July 1, 2009
Hello: I know you are still studying the up tick rule. Why does it take so long. Now we have the reverse split of AIG. Guess what the naked short sellers are out in force. Back to crash the stock.
The only losers are the long AIG stock holders and the tax payers, as this stock crashes further down, it becomes all the more harder for them to borrow.
I have been a broker for 18 years, you can check my U4. We have a bunch of lawyers in charge (SEC). What do you guys know apart from theory that you learnt in law school.
Honorato Gomes