the uptick rule requires shortsellers to short stocks only on an
uptick in the stock price. So it may slow shorting to a minor
degree, making it harder to short a stock that is going down
rapidly. I don't think it will have a big impact but it was
good for a pop in the market. Now the government has one less
arrow in their quiver to pull out and rescue the market.
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uptick rule
Posted by ptbouras on 10th of Mar 2009 at 01:35 pm
would someone tell me in layman's terms what the uptick is and what it means for the market?
the uptick rule requires shortsellers
Posted by homer on 10th of Mar 2009 at 01:40 pm
the uptick rule requires shortsellers to short stocks only on an uptick in the stock price. So it may slow shorting to a minor degree, making it harder to short a stock that is going down rapidly. I don't think it will have a big impact but it was good for a pop in the market. Now the government has one less arrow in their quiver to pull out and rescue the market.