| To: Sr K who wrote (2942) | 3/29/2007 12:51:17 PM | | From: Elroy | | | | I don't care about the price level. I do like the idea of only being able to trade in liquid stocks, however. In other words, if a stock is trading at either $2 or $1.50, you should short it on a day where it traded at $2 just before the close on the assumption it will trade at $1.50 within the week.
As long as people aren't gaming the market, and are investing based on fundamental ideas rather than dividends/liquidity/splits and stuff that have to do with a stock's trading behaviour or to exploit the rules of the game, I don't care. If it is a trade that they could really do, it's fine with me. |
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| To: Elroy who wrote (2943) | 3/29/2007 1:03:37 PM | | From: Sr K | | | | You could short DALRQ if you could find it, and it will be worthless sometime in May. 34 cents down 11 cents now. You don't want to allow shorts for stocks that are not available to short. $2.00 could be a way to protect against easy gains in the game that are not so easy in the real world.
Similarly for NWACQ, about 52 cents. |
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