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And surely that is the way to curtail shorting. A flat charge...

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a-doris

24 Posts.

30/11/18

08:09

Post #: 36697890
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Originally posted by dyeman: ↑

How does who do what? If you mean manipulate the share price, take a look at the course of sales for today. I wouldn't be surprised if 25% of the trades were for less than 10 shares. Clearly these are not retail investors, so can only be bots (whose controllers do not pay minimum $10 trade commission like most of us), and their only purpose can be to influence the share price.

Also take a look at shortman, and you will see the proportion of a given day's trading volume that is short-held stocks. The last two reported days (27th and 28th November) were 52% and 45% respectively.

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And surely that is the way to curtail shorting. A flat charge on each transaction or a % on value. Simple to administer.

ORE Price at posting: $4.33 Sentiment: Buy Disclosure: Held
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