EXPM:HRTFF - Post by User
Comment by
ulsterscot1944on Nov 24, 2019 9:35am
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Post# 30386788
RE:Eric Sprott calls for reinstatement of uptick rule
RE:Eric Sprott calls for reinstatement of uptick rule
I don't usually have a lot to say, but I want to express my thanks (again) to justrelax2, for his constant work on our behalf - albeit a side function of looking after his own interests.
I have just watched the Sprott interview and learned something I should have known to begin with, after 40+ years in the industry. Sometimes you just have to have somebody explain it to you in a calm, intelligent manner before it finally sinks in. I knew, vaguely, about the uptick rule, but never did make the obvious connection to what Harte has done lately. Oh, without a doubt, management screwed up royally, but that only gave the short sellers and their manipulators an opportunity to make a killing, something which would not have been nearly as damaging if the uptick rule was still in place.
I don't expect anyone to remember, but I brought up the subject of last minute downstrokes almost 2 years ago and got fired on when I suggested that contact with the securities people might be in order. I'm not saying I told you so, just pointing out that this didn't start yesterday, or even when it finally looked like Harte was heading onward and upward. It's been staring us in the face for years and I am grateful for people like Eric Sprott and justrelax2. At least I can claim old age for not doing my own job as I knew it should have been.
I have an ignore list as long as your arm, but other members of this forum (and I am not firing across your bows) maintain a constant word battle with those selfsame people and that in itself was damaging to many of our group. If you know that someone is a manipulator and has no other purpose than to maintain a level of confusion and panic, for goodness sake, don't respond to them. Put them on ignore - and I know that can be a major task some days wih all the new registrations jumping on the bandwagon immediately.
That's me for now. I only hope that folks will listen to the interview with Mr. Sprott and sign the petition.