The only volume is fund driven internal volume pushed thru the corrupt broker dealer with the biggest sales agreement...
Like that Oct News about a SEC Inquiry mad it to print out of no where tonight? If I was the head of the Securities Exchange Commission I would ask for a listing by EIN or TIN of every put and short made in the JCP stock in the last 48 Trading Hours and throw some of these thieves in Jail..
You know the average American who does not have retirement funds of $42K, it's just so Legit that 399,000 shares of this low floater traded this a.m. premarket? Toss it up to fraud or UK GDP, you decide? This time like most days there was not the offset into DUST. Yesterday there was more sells then buys shorts? They'll catch on in a few.. not Johnny however...
It's the buy law issue we are talking about.... throw that out ... how many broker dinners going on over at Fidelity?
It's all Low Float and Volume Direxion traders trading between their own portfolios. There is no way anybody is trading 5 million shares of this #$%$ except a logarithm trading application owned by Direxion. SAC Capital rigged these types of trades for six years made over $2 billion, paid a billion in fines and zero jail time. I don't think you'll see these products shut down because Fidelity Funds Direxion Funds biggest broker Dealer is making a ton of cash of these scams. In fact they may be reporting the positions to direxion so they know how to trade the inverse. We know that Fidelity is Clearing their own customer internal orders via their own market maker FDLC. You'll never see a Direxion Trade go out to KCG or another ECN... it's always Fidelity. ETf Warnings have nothing to do with outright Corruption. Where their is smoke their is fire. I think the same folks were making comments about Madoff....
They hate when nobody buys after a 96% loss.
only lost 75% of your cash.. much better.....
Yes you're in that category
un-endless liquidity... it will get worse.
Oh look you lost $95,562.00 or 96% of your money. Most pre-split holders are looking at $2.40 a share today. How do you recover a 96% loss? Maybe a NUKE or Something?
You don't have to admit you paid 40% more for it etc. The Centers have free coffee and dounuts... Many who have turned it in feel a lot better about it now that they don't have to watch it drop everyday.
Many local food banks will take the GOLD.
Stop loss? You kidding me they take them out everyday. You put a stop loss, that just gives the specialists extra shares to trade.. your shares. Stop losses in NUGT get take out everyday.
I mean its one thing having all the other tools available like trading between the portfolios DUST, etc. But the easy 16% that was gotten yesterday from Fidelity and others. Well that was just a gift in a 3% return market. I'm sure they are thanking you since they will now sell those shares to the Funds selling out positions today. You get a gift for that stupidity?
Well buys were most likely short interest covering. Fidelity is loaded with these products and works with the funds. Most likely they are making a mint off of Direxion. Until the point that customers start closing accounts the game is always fun until it ends. Just like Fidelity shows you how many buys and sells are placed in the funds? I'm sure they are trading against your positions since they appear to run the trades thru there on market makers. Fidelity throws that information about direxion on their site cause they are making multi millions from Direxion allowing them to pick accounts clean like a 17% down day.
Get out of Mess By Loading Up, putting PUTS on DUST. Let the EURO, OIL and US Budget and GOLD drive the only real currency think straight.
yesterday was capitulation.