An interesting point raised on at least two business shows today.
We all know that the market tanked even though short selling on some 1000 stocks was not allowed. Aside from proving the idea that shorts kill the market to be a crock, here is something that was missed on the upside. There was little pressure on the market to rebound on short covering. Imagine what could have been this morning if there were hoards of short sellers scrambling to buy back shares!
Let the free market be free!
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