think about it average JOE gets messed with again REmember The SWAPs that average Joe and Jane were told were safe and thus didnt merit a higher premium just before the subprime melt down?
The Trading platform approval for a short would be level four or similar. Trading platform for average investor retail...and they think they are sophisticated doing their own on line investments...level one basement level.
And the trading takes place on nasdaq and tsx not otc...or tsx v. And bbryis not a penny stock.
So how come the shorts are allowed to manipulated with math and deep pockets and media distortions the average Joes precious investments. And how dare they try to destroy a good and growing brand name.
Where is the oversight. this seems to be very uneven. And on top bbry is muzzled until earnings come out.
So where is the oversight here? Once again Average Joe Jane is being fleeced as the bodies that are supposed to oversee this just stand by?
This is a travesty.
Level one average investor level four short ......call this fair? I call it disqusting.
WE need better oversight on the entities that we entrust our investments to? Joe average trusts the Nasdaq etc etc and TSX because there are all those governance rules but are they enforced?
Something is so wrong about this math and computers....and I bet bbry is not an isolated instance. What about Bear STerns/////what happened there?
Luckily phones are being released in US this week. But BBRY of course is muzzled. Sophisicated traders wiping out Joe...and for why in a few weeks the Joes and Janes would have been proven correct.
You invest in a company you dont investor to be fleeced by targeted short manipulation based on math of numbers and computer triggers do you?