I am truly disgusted at how the SEC has allowed hedge fund companies, billionaires and millionaires to perform naked shorts against companies like AMC entertainment (AMC) and GameStop (GME). Please make them cover their short positions and penalize them for performing illegal acts in the stock market. That really takes the honor and integrity out of the stock market and discourages retail
Over the past few months, it has become clear that there is a lot of vital market data that is not accessible to the average retail trader. It is not a free and fair market when dark pool trading makes up the majority of trades. The dark pool in essence is a legal black market for trading and it is very exclusive. New and old retail traders have realized the market manipulation that is occurring
WE NEED TRANSPARENCY! All shorts must be documented and reported immediately! Also, this idea that you can short a stock by shorting a ETF is stilly. To get an idea of what needs to change, take a look at Citadel's shorting of AMC. All that needs to stop. We need to know EXACTLY how much has been shorted and the return dates. Stop the fleecing of retail traders asap!
SSR does nothing but give the illusion of short restrictions, most shorting is coming from computers that manipulate the only on an up stick rule . I’ve watched multiple stocks get manipulated and shorted while on SSR . SSR is considered a joke by most small traders . It doesn’t work 90 % of the time if at all. Shorts still short all day everyday , even during SSR .
These leveraged funds provide outstanding trading and investment products for successfully managing my stock market investments. Individuals should have the same opportunities as the "professionals", many of whom do not perform as well as the good individual investor. There should not be barriers that prevent the average investor from participating in these products. The risks are
Recent market activity involving GameStop stock has shed light on misbehavior by hedge funds and other financial institutions involved in a practice called naked short selling. Though naked short selling was made illegal after the 2008 financial crisis, loopholes exist that allow for this practice to continue. (More details here: https://www.investopedia.com/terms/n/nakedshorting.asp). This
Shorting stocks to ruin lives for personal gain is wrong and should be illegal. Continued shorting could cripple the economy. #AMC #GorillaGang
AMC STOCK IS UNDER ATTACK BY ILLEGAL SHORT SELLERS LIKE CITADEL!!! IM NOT LEAVING UNTIL EVERY SHORT POSITION IS COVERED!
In regards to questionable trading through means such as so-called "dark pools" and concerning statistics indicating a high volume of naked shorting of synthetic stocks. I am request, on behalf of many retail stock traders, that all transactions for the AMC stock reported and verified within 24 hours.
All short positions should be transparent and recorded daily. https://www.sec.gov/rules/petitions/2020/petn4-758.pdf February 12, 2020 Vanessa Countryman Secretary U.S. Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-1090 Re: Petition for Rulemaking on Short and Distort Dear Ms. Countryman: Petitioners signed below respectfully submit this petition for rulemaking pursuant
