Search results

well if the price action in COO is any indication of of how this is going to work, everybody that was begging for this may not be to happy. I found it tough trying to read the thing. not to mention the price would move up and down 20cents three times over the counter while they waited for NYSE...

Whether or not it is the original date of the original plan that you read about in 1994 ratboy is irrelevant. It was a date picked around a year ago and thus not a date that came out of the blue just as the market is taking a beating, and short interest is particularly high. Thus some grand...

No. This plan was made public a year ago with this May 1st date always targeted. It had been more of a wondering if it would actually happen

Hydro buddy, for the most part the scalpers are the little guy. .

Well I would say yes. The sale would have to be marked as short because you still need to be able to prove you could borrow the stock to execute the sale. The hard to borrow list and proof of borrowing to the SEC still have to come into play.

This is a pretty realistic prediction given the 2007 timeline. Doesn't mean oil won't see $40 first. In this biz timing your entry is everything.

How about 3 strippers doing themselves with half full water bottles and then making some of the guys on the desk drink the water. This was supposed to be a fun post. Taking bashing each other somewhere else. You guys all fail to realize that everybody has different opinions on this job...

I hate the extended hours idea. I heard someone comment on how you would get more volatility if it was like japan open for two hours, closed for lunch, and then reopen in the afternoon for a few hours. It makes sense when you look at how the market is good until about 11am each morning.

The biggest change I have seen is the refusual to show crowd in the quote. Couple that with the lighest order books I ever remember and you would think there would be all kinds of volitality. Instead I watch jackasses nx'ing each other back and forth for five cents. Direct plus is...

Of these two things which would you rather eliminate. The Direct Plus (NX) or the Uptick Rule. Personally I believe the uptick rule is a very archaic device that holds no real use in stock trading these days. However this constant nx'ing and reversing of the smallest trend with 100...

Madison is great place to work. The building sucks, yes. The free lunch can suck, but its free. The commission rate sucks, yes. The no money down and health benefits, where else do you get that. I got my start there and have never worked anywhere else. I am net positive every month for the...

Personally I think Madison is a good place to work. Rates are high but the team atmosphere in some of the groups is great for beginners to learn tape reading and scalping. Grimer you obviously have worked there, is there a reason your bagging it so bad, another than the building sucks and...

Not many guys I know at this firm pay much attention to this site. Basically Madison is a corporate partner of Generic. Yes the commision rate is high $.01 a share. However the deal is truely proprietary, meaning no money down. As for being watched like a hawk by the risk management...

I work for a corporate partner of Generic and received my K-1 on Monday.

I am interested in hearing about echo's new product which allows someone to get short with a bullet type fashion?

Thats the thing with this "improvement" somebody can just whack 10,000 shares. How am i supposed to discern where the crowd guy is buying or selling stock if any guy with a mouse can click away at 5, 10, or 20k a pop? I am guessing the specialist will not leave that much hang out and will...

Nx monkeys ruin trades. Learn how to read the tape and where the specialist is printing stock. no reason to sell stock at the figure, when continual prints go off at .01 because there is a crowd buyer. The NYSE needs to eliminate the NX as the specialist is truely using it against the...