RE:Stop Predatory Short SellingI totally disagree with reinstating he tickertest for shorts. Free markets are far superior.
If a rule regulates the last tick must be up in order to sell a Short order. Then a similar rule that the last tick would need to be down to buy a long position. Free and fair markets are and should not be weighted in either direction.
Sprott & Rick Rule have far greater resources and experience than the normal retail trader. If the leverage was to be weighted in to the upside by the reinstating of the ticker test. It would present them the opportunity to pump a security much higher using heard mentality.
Then dump millions of shares at once. Being out with their profits before indicators which lag the market could warn the less educated retail crowd.
When professional Institutional people try to muster the crowd to make changes in regulation as to how the market works. They are not doing it for the benefit of the crowd they are addressing. It is their own interests they have at heart. The reason is to create another tool to fleece a bit more.
Sprott never got rich by making trading easier for others, or trying to protect someone elses money
Always beware the helpfull Wolf, Wearing a sheep skin