RMBS Stock Halted 5 Times In A Row

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Fri, 05/13/2011 - 12:11 | 1271950 tmosley
tmosley's picture

Can I has chart, pleez?

Fri, 05/13/2011 - 12:18 | 1271992 Global Hunter
Global Hunter's picture

No bloomberg I'm afraid but this should work.

http://stockcharts.com/h-sc/ui?s=RMBS

Fri, 05/13/2011 - 12:19 | 1272013 tmosley
tmosley's picture

I don't see five separate ones.

Fri, 05/13/2011 - 12:32 | 1272050 Cognitive Dissonance
Cognitive Dissonance's picture

That's because you don't usually notice it when a person blinks their eyes.

Eye assure you they do. :>)

Fri, 05/13/2011 - 17:04 | 1273002 The Fonz
The Fonz's picture

Oh great, CD has gone Piers Anthony.

Fri, 05/13/2011 - 13:27 | 1272246 Hat Trick
Hat Trick's picture

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.

Fri, 05/13/2011 - 12:11 | 1271952 augie
augie's picture

flash crash here we come baby. short /es from 1356 and holding.

Fri, 05/13/2011 - 12:13 | 1271966 Helvidius
Helvidius's picture

Bloodbath!  BOOOYAH!

Fri, 05/13/2011 - 12:12 | 1271973 TradingJoe
TradingJoe's picture

Me all cash and physical PMs ....and PUTS, LOTS OF THEM :)))!

Fri, 05/13/2011 - 12:21 | 1272020 augie
augie's picture

YES!!! This crash will finance my tuition for next semester. SELL THIS FUCKER DOWN! Papa needs a new pair of orthapedic shoes!

Fri, 05/13/2011 - 14:14 | 1272380 The Count
The Count's picture

Haha.... if there is a REAL AND COMPLETE CRASH, do you think those puts will actually be paid out??????

Fri, 05/13/2011 - 16:10 | 1272761 Mec-sick-o
Mec-sick-o's picture

Perhaps just a sell-off... of about 80%?

Fri, 05/13/2011 - 17:08 | 1273013 augie
augie's picture

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.

Fri, 05/13/2011 - 12:12 | 1271975 TruthInSunshine
TruthInSunshine's picture

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.

Fri, 05/13/2011 - 12:15 | 1271981 Dr. Engali
Dr. Engali's picture

So do I buy sell or hold? What does crammer say?

Fri, 05/13/2011 - 12:16 | 1271984 sjradeljic
sjradeljic's picture

A company that helps make computers get faster and faster is getting destroyed because trading is getting faster and faster......Irony!!!

Fri, 05/13/2011 - 16:06 | 1272732 Citxmech
Citxmech's picture

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.

Sat, 05/14/2011 - 12:02 | 1274283 BlakeFelix
BlakeFelix's picture

The only way to win is not to play. Or to play a better game, can they run crysis?

Fri, 05/13/2011 - 12:14 | 1271987 LRC Fan
LRC Fan's picture

DXY just went vertical.  Maybe they will halt EUR/USD?  lol

Fri, 05/13/2011 - 12:14 | 1271990 eurusdog
eurusdog's picture

But at least it's on 778k in avg. volume.   

Fri, 05/13/2011 - 12:15 | 1271993 digalert
digalert's picture

This calls for a blue ribbon panel investigation...zzzzzz

Fri, 05/13/2011 - 12:18 | 1271994 carbonmutant
carbonmutant's picture

Court says Rambus destroyed documents...

Fri, 05/13/2011 - 12:20 | 1271998 eurusdog
eurusdog's picture

So this might be on legit news of shit hitting the fan. Any more details?

Sat, 05/14/2011 - 00:42 | 1273794 carbonmutant
Fri, 05/13/2011 - 13:20 | 1272229 Joe Davola
Joe Davola's picture

Documents they needed to prove their case.

Fri, 05/13/2011 - 12:17 | 1271999 SheepDog-One
SheepDog-One's picture

Put a circus tent over the stock markets.

Fri, 05/13/2011 - 12:18 | 1272008 LRC Fan
LRC Fan's picture

+6 halts

Fri, 05/13/2011 - 13:32 | 1272262 Ryman1075
Ryman1075's picture

+1

 

Fri, 05/13/2011 - 12:18 | 1272000 LRC Fan
LRC Fan's picture

CNBC reporting it has been halted yet again. 

Would not surprise me in the least for the Dow to close green today. 

Fri, 05/13/2011 - 12:17 | 1272003 MCHedgeHammer
MCHedgeHammer's picture

friday the 13th......its a scary day on the street.

Fri, 05/13/2011 - 12:20 | 1272015 tmosley
tmosley's picture

Calling WB7, calling WB7, can we get a Bernanke in a Jason mask?

 

Fri, 05/13/2011 - 12:25 | 1272033 SheepDog-One
SheepDog-One's picture

He did that this morning already!

Fri, 05/13/2011 - 14:14 | 1272387 tmosley
tmosley's picture

Damn, I'm behind the times then.

Fri, 05/13/2011 - 12:24 | 1272028 SloSquez
SloSquez's picture
spo·li·a·tion     1a : the act of plundering b : the state of having been plundered especially in war   2: the act of injuring especially beyond reclaim Seems to the mantra these days.
Fri, 05/13/2011 - 12:18 | 1272007 KevinH
KevinH's picture

lol its halted again. i was just about to get some of the may 18 calls.

Fri, 05/13/2011 - 12:24 | 1272018 NOTW777
NOTW777's picture

euro - 1.4021ish next?

fed s buying dollars

Fri, 05/13/2011 - 12:22 | 1272022 Urban Redneck
Urban Redneck's picture

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? 

Fri, 05/13/2011 - 12:50 | 1272024 Rynak
Rynak's picture

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.

Fri, 05/13/2011 - 12:26 | 1272025 trav7777
trav7777's picture

the carry currencies are getting assfucked...JPY or USD against AUD, BRL...EUR getting it up the pooper too.

Fri, 05/13/2011 - 14:03 | 1272348 bbq on whitehou...
bbq on whitehouse lawn's picture

Then you should love ZAR crosses.

Fri, 05/13/2011 - 12:26 | 1272029 Gubbmint Cheese
Gubbmint Cheese's picture

up and running again...

Fri, 05/13/2011 - 12:26 | 1272038 Lord Peter Pipsqueak
Lord Peter Pipsqueak's picture

No floor under the Euro,it's causing a massive selloff in everything,where's Brian?

Fri, 05/13/2011 - 12:35 | 1272061 Central Wanker
Central Wanker's picture

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.

Fri, 05/13/2011 - 15:38 | 1272633 Scribbles
Scribbles's picture

bah, it's down 1%. Who cares. Not sure why their worthlessness is worth 1.4x as much as our worthlessness

Fri, 05/13/2011 - 12:27 | 1272041 LRC Fan
LRC Fan's picture

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. 

Fri, 05/13/2011 - 12:31 | 1272058 SheepDog-One
SheepDog-One's picture

LOL Opera of the Insane.

Fri, 05/13/2011 - 12:37 | 1272071 Common_Cents22
Common_Cents22's picture

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.

Fri, 05/13/2011 - 12:29 | 1272049 lieutenantjohnchard
lieutenantjohnchard's picture

shappy is power dialing the street looking for her next gig.

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