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Riley> Someone posted here a link to a web page that QQQQ is becoming a Threshold
Riley> Security.
http://www.nasdaqtrader.com/trader/tradingservices/mktregulation.stm
Riley> There are lots of experienced traders and investors on this list.
Riley> Please comment what is the consequence of an EXCHANGED TRADED FUND becoming
Riley> a threshold security?
I believe QQQQ and SPY will become shortable again once they have done
something about the number of naked shorts.
Riley> What exactly are they looking to achieve?
There are many theories, and only a few of those are of the conspiracy
variety ;)
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Regards,
Greg
"A society of sheep must in time beget a government of wolves."
-- Bertrand de Jouvenal
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