Now, gentlemen, may I ask why the curb on evil short selling is limited to Financials? Would the SEC amend the rules so that the curb will apply to all stocks?
It's just very easy to create another market disorder and manipulation by shorting other stocks. How about industrials? How about basic materials? How about tech stocks? How about utilities? How about ...The rule of law does not allow discriminatory application nor does it allow favoritism. Everyone is equal before the law. If I am holding the stocks of non-financial companies, the rules curbing short selling should protect me as well. Why only protect those holding the Financials?
What we are seeing in America is not only a financial crisis but also a moral and legal crisis! Now I start to learn how human civilization can deteriorate and why God has to punish humanity by flooding.
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