• Dontsendfeetpics@lemm.ee
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    9 months ago

    No, but a 10% drop from the prior close triggers a short sell restriction for a full trading session. In that event, you can only short on upticks in price. Unless you are day trading shorts, it’s a meaningless restriction that’s easily abusable by HFTs.

    • roguetrick@kbin.social
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      9 months ago

      I’m not knowledgeable about it for sure, it just seems rather next to impossible to tank an IPO with borrowed shares alone.