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Holy bat crap!
13:58:25 OBAMA: 'Call that asshole Niederauer and tell him these Terrorist Speculators Must Be Stopped Now !'
Call Neiderauer, he's a sneaky little shit.
It Niedermeyer, Sir -- Douglas C. Neidermeyer.
if you mention the words extortion again I will have your legs broken
Neider way call him!
Confirmation Alert: The Market is Rigged
"Now listen, Colonel Bat Guano, if that really is your name..."
So what happens if you traded for a loss down 29.9%?
Never mind. I think I know the answer.
What happens if you short at 100 and then cover at 70, only to have your cover canceled. Are you still short? Or do both trades get cancelled. If the latter, then the seller at 100 is still long? What if he already spent the cash?
Who decides who eats the eventual loss? It sure as hell won't be the exchange.
That loss would be for Goldman Sachs. Can't have that now do we?
So those will be cancelled.
Only those who lost money besides GS are screwed.
It's GOOD to know... Obama.
They bust your buy at $70 and u r still short at $100. What's fucked is the person who see the buy to cover get filled and goes away for the day, stock goes back to $80+ and he finds out he's still short, if he placed orders using proceeds of the $70 cover and doesn't have margin buying power to cover he gets a margin call, better have add'l. cash
That's what I would think too, but have not been able to find a source or any information about it. With all these trade cancellations, it must have happened. Do you have a source?
An equally scary scenario is stop loss orders - you enter 10% below the market and get taken out at -29%.
I used to be a branch mgr and a large firm, this is what is done, trust me, I had many conversations with clients that were on the wrong side of a cancellation. However the info will be on the website for the appropriate exchange, i.e. NYSE, NASDAQ, etc
OK. Will check their sites again. If you come accross a link, please ping me.
It's good to own Obama.
not just Obumma, but both sides of the aisle...
...and when you lose the game, you just suck on Washington and 'Bingo' you're back in in no time flush with Benny bucks ..
..the losers at Goldman Sucks don't like losing, so they rigged the game long ago
This part has nothing to do with Bambi, it has to do with Goldman Shafts and the like. Bambi sucks because he caved to the bankers as all the Good President Slaves Do. It is the US Banking Cartel mandate.
If you want to throw politics into it, it is more the fault that Republicans want the markets to go completly back to the old game. For myself, I no longer care either way. We are Japan now. I just want to know who controls the game.
Eight years of Bush bashing with Bambi the leader of the band for a couple of years and not once, ever, did we hear they all do it. It is not his fault. Every POTUS acts this way.
Obama supporters are fucking insane.
Cute bat, btw.
PURE Banana Republic. Of course they won't talk about it. It was only a fat finger right? It would never have anything to do with China annoucing they want to cut 2/3rds of US debt?
Coffee's for closers only.
Wouldn't that cause a riot at the office where I work :)
I'll second that...
Holy bat guano!
Maybe they should call Batman?
would take a Marvel guy/gal to unfuck this mess. DC no playaz'
Its all so fucking crooked.
I ran a nasdaq desk. there were no "overs!" "we get overs, daddy!"
If the SEC would just tell us today's price in the morning we could eliminate all this back and forth, excuting and then canceling.
Lol, reduce electricity use, too... promote energy independence!
no joke--buy local foods and help create a new infrastructure NOT based on oil.
No doubt. Do you have any idea how much energy is wasted through the process of price discovery?
Just set it and forget it!
Ah..That's for the insiders only...You know better than that..
But but all these exchanges and dark pools and hfts create liquidity and help keep the market going. How can we function wihtout them
Yup. There was still some wood in that bat. So what's the problem?
BTW someone didn't drill down the center of the bat. As mom always said if you're gonna cheat, lie or steal do it well or don't do it at all.
Sammy?George "Cry-Baby Pine Tar" Brett spent a lot of hours in his garage on the wood lathe during his career...
For insulting perhaps the greatest hitter of his generation & one of the last of the pre-corporate non-thug, non-pedophile, non-rapist, big league ball players, I feel compelled to identify you as a proper douchebag.
Fuck off kind Sir
and if mine was 29.99% and stopped out.... WAHHHH not FAIR....
I propose we call this event "The Great BATS Hit".
alternatively.. here's one way to bat a Cork
"Now go home and get your f**king shine box."
Does this ever end. Never a dull moment. So many reasons why I have 0 interest in this broken market.
Nice consolidation today on miners, etc.. No rush. We all have time. Not trading, and like what I got.
Fucking rigged casino...you win a hand they close the payout window.
Nope, never a dull moment. this is what we live for, while the rest of the nation sleeps we watch the goons sweep their money away.
I wonder which senators were on the wrong side of that trade...
how many batmans and batmobiles can prevent this kind of fascism?
oh yes, batman does not exist and that sucks
Good thing the SEC is on the beat, otherwise I would feel helpless in this ever manipulated market... HA!
Somebody please "Flash Crash" TZOO......
Before it gets to $200
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