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Daal, can you please tell me which program you used to get the output of stats that you posted? Thanks

Right. But even looking at Citron's list of reports / announced positions at https://citronresearch.com/citron-report-archives/ , you can't help but notice some serious style drift in the last few years. He used to work exclusively on the short side, exclusively uncovering frauds (not merely...

He'll lose money and maybe also his job. It seems that every law firm in the country that is in the securities class action business has filed a lawsuit against Musk and Tesla. Left's is just one of them. I guess there's no shortage of people that have a valid claim against Musk, either because...

Others with a similar business model are Carson Blocks's http://www.muddywatersresearch.com and Soren Aandahl's https://www.blueorcacapital.com (used to be called Glaucus Research). Both have impressive track records mainly uncovering real frauds or let's say accounting misstatements, but...

I am also surprised. First, it seems he did not stick to his knitting with TSLA. He's very successful with the frauds he uncovers and then publishes. But TSLA does not fit the bill, nor do I think he's written a report about them. So that's kind of a gamble for him, unrelated to his usual...

If you ever wanted to know how Left trades (one) of his stocks, you can take a look now: https://seekingalpha.com/news/3388449-tesla-musk-sued-citrons-left-securities-fraud This is because he sued TSLA and Musk due to the "funding secured" thing, and a list of all his trades in the relevant...

completely ridiculous valuation. But before the actual legalization happens in Canada (I think in October), greedy (and maybe also stoned) longs can continue to dream of castles in the sky.

This is the key thing. These price caps are unfair because they do not apply to everyone. IB prides itself to give clients the technology to compete, but in this case, they actively put us at a disadvantage. They reduce their commission revenue, too. --> IB: replace price caps with a second...

An irked German (or Luxembourg) customer just called in to IB's quarterly conference call to ask regarding the PRIIPs. It's the last question, so can be found on on the replay around 5 mins before the end of the call. No transcript available yet. Basically, Thomas Peterffy said that they can't...

Interesting article. "His greatest fear about shutting down his fund, Tilson says, was that "I would actually have to go get a job and work for somebody. When you've been an entrepreneur for 30 years, the idea of actually having a boss, and having somebody else decide which hours of the day I...

This is from the FIA (Futures Industry Association) open letter: "As the principal members of derivatives clearinghouses worldwide, FIA's 64 clearing members play a critical role in the reduction of systemic risk by (1) guaranteeing their customers’ trades, (2) contributing to the guarantee...

you misinterpreted this. People who "short VIX" do not bet "on the market going down". They are actually betting on the market NOT going down, at least not by a lot. They bet on a continuation of the "0-0.2pc up every day" trend, and an even more predictable, slow and steady rise.

OP does not want to invest his own money, friends and family's, or even borrow. He is likely aware of the large tail risk of his strategy, and seeks other people's money to bear this risk, while he essentially gets paid for having devised a short VIX strategy with scale-ins optimised over the...

My thoughts regarding IB safety and VIX products margin: Brokers can fail for 3 reasons: Losses or funding shortfalls on proprietary trading (this is what happened at MF Global) Operating losses of the business (this is what happened at PFG. Wasendorf essentially used customer cash to fund...

You are right, IB is certainly not the place for short term and frequent trading of AIM stocks, given their limited access. The price cap issue is just a compounding factor. With a longer expected holding period however, and if those stocks are a small and infrequent occurrence in your...

SWB, I did not object to the cap. I was disappointed, but had no choice in the matter than to accept. Due to the unusual nature of them refusing or themselves being unable to remove the cap, I still have the chat protocol. On 4/10/2017, I tried to buy some W7L@LSE. Most of the trading volume...

I don't think so. For this, they have the simple warning message "Chosen limit price is more than 3 percent above / below last price / bid / ask etc." Well, I know exactly what you are talking about. In some cases, I was even told by chat that the price cap cannot be lifted in any...

IB's customer mix is changing. While the traditional "individual trader" base is not shrinking, most new signups are from RIA's that bring all their investor client accounts over. This is where demand for mutual funds, bonds etc. comes from. And BTW, I assume that some bonds also trade rather...

Watching Thomas Peterffy’s video message (link in first post) a couple of times, the following crossed my head: — Could it be that IB is overly aggressive with price capping (above and beyond what is required by exchanges) in a misguided attempt to reduce those orders’ negative impact on the...

Possible. I am not familiar with UK law in this regard. I read several (entertaining) books about those blackjack card counters that sometimes used disguises to get into casinos where they were barred previously. Once detected, they were "just" stopped from further play, sometimes intimidated...