That doesnt block shorting of an equity. It means someone can not enter a short position until an uptick. Those upticks are at any moment during the trading day So as soon as it is a penny higher than the previous trade anyone can enter short position. So if its 15.59 and the nect move is to 16.50 a short position can be entered.
What do you mean is it true ?Of course its true. The equities are part of the index and now they are the biggest weight of the index. So many passive funds that track the russel 2000 are picking up thier shares
“ The measures may change the fortunes of retail investors lighting up Reddit message boards with their forays into day trading. “It’s going to get harder for hedgies to hedge Boa Jeffries Citicorp and Goldman Sachs Have all decided to limit naked borrowshttps://www.bloomberg.com/news/articles/2021-06-04/wall-street-banks-rein-in-hedge-funds-short-bets-on-meme-stocks?fbclid=IwAR1LBb6-qDNdFEqYMAZS6SlEJRwGpO4nZiz2LzROkZGsJvSEz50F6Pu8Mxw
Boa jeffries citigroup goldman all starting to make it harder for hesgies to hedge - “Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options” in GameStop, AMC and MicroVision, the firm said in a memo to clients seen by Bloomberg News.-Perhaps Some good news after the past two days.
This happened several times yesterday and was an exchange wide hault of the equity due to volitilty ( extreme runs and fluctuations of the price % ) and massively large and fast volume. This happened across all platforms and not just robinhood and a few others etc. it was the whole trading exchange
Completely depends on your goals In reality momentum is on your side in a huge way. Is 500 1000 5000 etc possible - I dont know and if they are they arent long term sustainable But 25% 50% 100% is absolute reality right now with the momentum. You have to decide your trade goals.