Comment more sensible trading (Score 3, Interesting) 411
I have always thought that if you buy stocks that pay dividends you should have to keep them for a minimum of a year, and if you buy stocks that don't pay you should have to keep them for a minimum of 24 hours before being able to sell them. If you short stocks the sale should take 24 hours to take affect.
I mean really, what could happen in 24 hours that would honestly affect the value of a publicly traded company? Even the oil spill has taken weeks and months to lower BP's value, and really in the long run it is probably time to buy BP stock.