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Everyone seems to be congratulating the two firms. I am a little confused about the entire thing. Besides the cost savings to the firms, and some "tools" software, how does this help/impact Joe Trader? Doesn't seem like a win/win for him...

For one, the REDi does not give realized versus unrealized P&L. The charts are lacking at best.

Thank you for the forthright post. Congrats on only having average two years left on lease.

All this vote/thread is based on a major assumption: That the market is open at all tomorrow. Who will be a buyer in order to open this thing?

I am with you Chas. Joining the milita. Bottled water, bullets and gold.

Faber broke story at 6:20. Stock trading about 25 cents. One quarter. There goes a whole group of investors who will never come back. Martha, WCOM why would the public want to play in this cesspool when they can invest in a house and watch it appreciate 10% a year?

Why the picture of Kurt's son?

I just bought a new Jeep Liberty for my wife, and I WILL defend it to the end.

Is LSPD an ECN or a MM? Maybe it is just a black box that is programmed to be an automatic "Me too!!!" like some of the guys in my old office. Saves the thinking part of trading for other uses like figuring out what is for dinner.

It may be confusing, but unlike the rest of us, you are man enough to use a real name....

What "old school" stock has 4 letters. For speed sake, I will, from now on, only trade stocks with 1 letter.

Syd, Ouch. Too many years of getting up way too early! You're a better man than I am. Don, Thanks for the answer, but I don't understand it. In my college accounting class when we were looking at the BS we were taught to look at obligations versus capital. I took it one step further and...

Maybe the handle Pound is not from shorting Priceline, but from one too many poundings. I was referring to Heartland being...

I knew I never should have covered yesterdy. I'l never cover another short again.......

I have nothing to hide but my fears... But I am opposed to any form of government or business information gathering and data bases on people who have not affirmatively agreed. As I understand it, there are two types of government. One is the kind that tells you what you Can do and the...

I am in the "ignorance is bliss" camp. On the other hand certainty has its upside.

I question the wisdom of someone who moves out of Hawaii...:D

toast

Whatever reality is, it sucks. I would rather live in my fantasy world. I can dream of mistake free trading, cold beers for free and my kids asking me for something besides money or a ride.

If the home office pays for all the leases and phone lines, what are the future obligations of the 35+ leases you have signed versus the $10 million owner's capital in the LLC?