And yes, I have my $$ where my mouth is.
would anyone be so kind as to post the text of this onehttp://us.rd.yahoo.com/finance/external/wsj/SIG=12i26dqn9/*http%3A//online.wsj.com/article/SB10001424052748703298504575534101333589296.html?ru=yahoo&mod=yahoo_hs
http://www.businessweek.com/news/2010-09-30/interactive-brokers-threatens-to-curtail-options-market-making.htmlFaster trading and the rise of automated strategies have increased competition for market makers during the past decade. The move to trade some options in penny increments has also hurt the profitability of traditional market-making firms.
No, maybe another profit warning is coming ......I am ready for another surprise. Every previous time I bought on the cheap, but just dumped in a week.Better wait until the stock build up the uptrend, and the company's trading unit has a way of beating those high frequency traders ......
Take the latest news release of quitting market making as a profit warning ...... so predictable ....
We shall see. Although I am interested why they issued a PR for currency last Q but have not (so far) for this Q.