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Last year the SEC let the longstanding uptick rule expire, which stipulated that traders could short a stock only after it had moved up. Cox called the rule useless, because an uptick can be just a penny in the decimalized market. His view is supported by academics such as MIT's Paul Asquith, who has done extensive research on short sales. Asquith reviewed two years of data during which short trades were tracked by the SEC, and found that 30% of all trades are short sales. And outfits including Goldman and Morgan Stanley are no strangers to going short...
Twenty years ago, Ruvkun and Ambros, then fellows working in the laboratory of MIT professor H. Robert Horvitz, began studying the genes that control the development of the Caenorhabditis elegans, a 1 mm-long roundworm that biologists often use as a model organism, from newly-hatched larva to fully-grown adult...
...OIP’s temporary home is substantially larger than the old location and includes a reading room, several offices, and a conference room, as well as a roof deck with views of as far away as MIT. The top-floor space, formerly offices for a local non-profit, is located across the street from Berryline, a popular frozen yogurt store that opened a year...
...Harvard sailing team kicked off its season last weekend with four events around New England, and the Crimson endured shifty conditions to bring home its first team title of the year.The co-ed team split between the Harry Anderson Trophy in New Haven, Conn. and the MIT Invite in Cambridge. The MIT Invite brought the team’s highlight of the weekend, as Harvard dominated the competition, winning both divisions of the regatta. The Crimson finished a respectable tenth at the Anderson Trophy.Meanwhile, the women’s team sailed in two events—the Man-Labs Trophy...
...season opener, the Harvard men’s water polo team began the 2008 campaign with strong play accompanied by clear areas for improvement. Looking to build on a very successful 2007, the Crimson (1-1) kicked off the year close to home, competing at the Cambridge Invitational at MIT. Harvard battled two non-conference foes in the Zesiger Sports and Fitness Center over the weekend, steamrolling Washington & Jefferson 18-7 on Saturday night before falling to No. 20 California Baptist 17-10 yesterday morning. Despite the offensive onslaught that brought 28 goals in two games, co-captain Jay Connolly...