I think mainly because to take legal government intervention, which has been done before, like after 9/11, and prohibiting short selling only really protects the investors, but does little to protect the production or activities of the company.
In this scenario, it would be difficult to argue that prohibiting short selling is in the national interest, as the companies activities are not jeopardized by market volatility.
That would be my take on your thought. we are positioned to go up in price, but an over zealous stock market, higher interest rates and the consumers poor spending power are what is holding us back.
All the best. J.
LYC Price at posting:
$6.72 Sentiment: Hold Disclosure: Held
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