Short Selling Became Legitimate after
The SEC adopted the so-called “uptick rule,” Rule 10a-1, in 1938, which says that market participants can sell short shares of stock only when the price is an uptick from the previous sale.26 Short sales on downticks were forbidden, though there were some narrow exceptions. This rule prevented short selling at successively lower prices, a strategy intended to drive a stock price down artificially.
Critical young Dickheads here think it was always around.
It needs to be regulated for a fairer market.
Short Selling Became Legitimate afterThe SEC adopted the...
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |