Word: depressive
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...bear operations, since they did not include short sales covered the same day. He offered a sharp contradiction to Mr. Whitney's testimony (and to a major point in all Mr. Whitney's declarations in defense of the Exchange) by opining that short selling does temporarily depress the market, that short sales covered the same day do add to breaking prices...
Senator Counzens of Michigan: It has come to my attention that a broker may use his customer's stock to depress the value of that stock...
Thorough ventilation by means of carbon dioxide sustains the system until the effects of carbon monoxide wear off. Narcotics like morphine depress respiration...
...selling practices of all U. S. stock exchanges. Broad though the range of the inquiry was, most Senators realized that its real target was short sales on the New York Stock Exchange. From President Hoover down, many a U. S. citizen has long believed that such sales maliciously depress the market, add to hard times...
...company, brokers often say it was because of a "raid" and increase the feeling against bears. That the move was a little late seemed implied by the lack of differentiation last week between raids and real shortselling when bears were attacked. A raid is definitely aimed to depress a stock through sheer force or by knowledge of stock that will come on the market if the price can be shoved down a little. A legitimate short sells on values, feels that time and earnings reports will adjust the price downward. The difference is the same as between an operator...