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RMBS Stock Halted 5 Times In A Row
Update: 6th Halt
For anyone who is sitting by the terminal bored by the meltdown of the EURUSD, redirect your attention to RMBS please where the stock has crashed, either up or down, and has been halted not once, not twice, not three times... but five times in a row, an all time world record, and a confirmation that the morons at the SEC have taken a farce and converted it into a tragedy.
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Can I has chart, pleez?
No bloomberg I'm afraid but this should work.
http://stockcharts.com/h-sc/ui?s=RMBS
http://www.google.com/finance?q=rmbs
I don't see five separate ones.
That's because you don't usually notice it when a person blinks their eyes.
Eye assure you they do. :>)
Oh great, CD has gone Piers Anthony.
Yeah, but not everything in life is actually a conspiracy theory. The news today is/was:
"a federal appeals court on Thursday ruled that Rambus did inappropriately destroy documents related to patent cases..."
So not exactly like a large drop in stock price wasn't predicted to happen.
flash crash here we come baby. short /es from 1356 and holding.
Bloodbath! BOOOYAH!
Me all cash and physical PMs ....and PUTS, LOTS OF THEM :)))!
YES!!! This crash will finance my tuition for next semester. SELL THIS FUCKER DOWN! Papa needs a new pair of orthapedic shoes!
Haha.... if there is a REAL AND COMPLETE CRASH, do you think those puts will actually be paid out??????
Perhaps just a sell-off... of about 80%?
20% and i'm happier than a two dollar whore when the circus is in town. 80% i'll manifest into J.C. himself and crip walk across the east river.
Blankfien or Jameeeeeey Dimon keep hitting the wrong button.
They'd better get tech support up there.
Those Squid/Morgan brass are such tech troglodytes.
So do I buy sell or hold? What does crammer say?
A company that helps make computers get faster and faster is getting destroyed because trading is getting faster and faster......Irony!!!
This is just like the simulations at the end of "War Games" - ever faster trading leading to self-reinforcing melt-ups/downs - with no winner ever.
And every iteration some IT hack has to halt everything and reset it to an earlier state.
At this point everyone knows the the markets are a farce - but at this rate soon it will be un-tradable.
The only way to win is not to play. Or to play a better game, can they run crysis?
DXY just went vertical. Maybe they will halt EUR/USD? lol
But at least it's on 778k in avg. volume.
This calls for a blue ribbon panel investigation...zzzzzz
Court says Rambus destroyed documents...
So this might be on legit news of shit hitting the fan. Any more details?
In case anyone hasn't seen it...
http://www.reuters.com/article/2011/05/13/us-rambus-micron-hynix-idUSTRE...
Documents they needed to prove their case.
Put a circus tent over the stock markets.
+6 halts
+1
CNBC reporting it has been halted yet again.
Would not surprise me in the least for the Dow to close green today.
friday the 13th......its a scary day on the street.
Calling WB7, calling WB7, can we get a Bernanke in a Jason mask?
He did that this morning already!
Damn, I'm behind the times then.
Got it http://www.reuters.com/article/2011/05/13/rambus-micron-hynix-idUSWEN319...
lol its halted again. i was just about to get some of the may 18 calls.
euro - 1.4021ish next?
fed s buying dollars
Behold the virtual Push-Me-Pull-You, constructed entirely of algos.
Or are flash crashes just social conditioning for the institution-only emergency exit doors?
Can anyone tell me what is happening to gold right now? Did i miss a giant margin hike on gold?
EDIT: Oh nevermind - no way this is a normal market reachtion to margins.... someone is having fun with bots again.
EDIT2: I don't think this is caused by gold itself.... it's a reaction to something else.... perhaps because of the currency insanity that is going on?
EDIT3: Yup, just dollar going nuts.
the carry currencies are getting assfucked...JPY or USD against AUD, BRL...EUR getting it up the pooper too.
Then you should love ZAR crosses.
up and running again...
No floor under the Euro,it's causing a massive selloff in everything,where's Brian?
Wild ride, indeed...
There's really no reason for Euro to have any value. We may soon have a new leader in the race to the bottom.
bah, it's down 1%. Who cares. Not sure why their worthlessness is worth 1.4x as much as our worthlessness
OT-CNBC just reported that the gov't is "reporting" that bin Laden had plans to kill Obama around next year's election. That is their reason the markets went lower.
LOL Opera of the Insane.
Barry Soeterro wore out Bush, so he found a new boogeyman to blame, Bin Laden. Osama will be blamed for anything Obama does from here on out.
shappy is power dialing the street looking for her next gig.
Didn't he play for the Lakers?
now that most everybody is on the dxy port side of the boat guess it's time to go to starboard.
MORONS? I think your giving them too much credit.
Working as intended.
Attn: all applicants
Those who have been charged with fraud, gross negligence or mental incompetence please apply for positions available at: Security and Exchange Circus (SEC). Fired McDonald employees also welcome.
damn! if only we weren't face-planted against the ceiling, timmah could sell some bonds, notes, bills!
will the FED loan him some against future tax receipts? IRS swap. stay tooned.
lol
Regular action - "first we'll crush the shorts and hit their stops - then we'll crush the longs" Ok go.
Great RamBus should burn in hell, all they do is file patents based on publicly avalaible technology, than sue companies who use that technology.
They don't design or manufactuer anything.
I hear NYSE is going to only allow trading from 3:30-4pm from now on.
Go back and re-read history based on what you know about financial markets, lending, derivatives, etc. You’ll see at least as far back as the French Revolution that it was backroom financial deals that got one party in trouble and enriched another. When the first went to collect and were told to back off it lead to war. Or the indebted party had to cut its standard of living so far that its own people revolted. Derivatives (swaps) pull forward future earnings into current periods. Both companies have independent valuations so both sides to an agreement can claim profits in the early years. The whole things is Enron, LTCM, ad nausea.
Looks more like a cardiogram. Last heart pulse just before the patient died LOlz!