Someday the US will pay down its debt also..
Hertz's stock pricing is caught by a skimming machine the Hedgie invented, it function is to move a stock price up and down while skimming of a percent in the price changes....
This stock will not break out until the Financial are released but as all good hedge funds do, they insure a unexpected event so they are the only ones that will benefit from hertz for now!!
The market makers have boxed in FXCM all morning yet the day book on the top 5 orders shows more buyers than sellers.
Why does Yahoo not have the top 10 on the Book??
Wallstreets friend Loretta Lynch has been confirmed as the head of the DOJ.
Read Salon article on who she sides with, as the Main street American investor is raped!!
The US DOJ only picks low level equity manipulators to go after, AS FXCM will be manipulated by very large Speculators I see we have no option to get the stock to move to its fair Value..
SAD but true!!
You can't sell something you don't own without have access to buying it!!
Shorts have a imbalance to the number of shares issued.
Yet they are allowed to continue to issue Phamtom stocks to cover this position
Sentiment: Strong Buy
CME quote We get multiple complaints about spoofing every week,” said Aitan Goelman, director of enforcement for the U.S. Commodity Futures Trading Commission, CME’s main regulator. “It’s not a vanishingly small or infrequent practice.”
Traders canceling orders before they’re filled and immediately placing new ones to cash in on more favorable pricing can be detected by review of millisecond-by-millisecond electronic trading records. Enforcement has been sporadic and prosecution is complicated by the need to show intent.
Flash Crash UK trader Sarao allegedly asked CME whether its questions about his trading meant CME was ready to go after "mass manipulation" by high-frequency traders, according to the DOJ.
Not anywhere as many as you and my buy in was at $1.63, Also I hate manipulation in the Markets.
So HFT traders are exempt from the same laws that the retail traders most obey.. I think that 10,000 retail traders with computers running a simple algo program can put the HFT on Notice!!
So gaming the Pre-Market is fair play as the CME does not link bid/offer non executions to flash manipulation. as long as you intended to buy before cancelling your order all is Ok...
So with all the thousands of retail traders ordering small amounts of Fxcm this will cause the price to rise as Buying bids will out number selling offers.. if your not sure of the buy cancel the trade!!
Make sure you intend to buy before cancelling the order other wise you could be arrested, unless of course you work for a Big Institutional trading house.