Search results

For a small guy to trade anything other than equities is going against the largest, fastest, smartest and most heavily capitalized firms in the world. Exactly what do you think your chance of success is going to be?? The small guy can make money trading stocks because that is where the...

It is probably shortable today at some BD. The BD just has to have some shares to loan you. That is all it takes. No 30 day rule. No lockup rule. No float rule. Just have actual possession of certificates that the BD can loan out to short sellers in a margin account. BIDU is...

The reason it is so difficult to short with an IPO is no one has actual physical possession of the stock certificates till three days after the IPO. The BD cannot loan something to you if the BD does not have it to loan. That is why the BD gives you a list of stock that you can sell short...

The latest a BD should have actual shares in hand would be Wed 8/10, which is Trade Date plus 3. Friday the 5th was first date the shares traded or became public (available). IMHO, the only method to use to trade this type of IPO is with a direct access screen and a fast connection. If you...

If you do not have the shares it is an illegal short and the BD could/would lose his license. In this enforcement environment I don't think any broker is stupid enough to do this!!! Has nothing to do with when you cover. You sold something you do not own. If they really wanted to get...

The shares are not available to short because the BD DO NOT HAVE ACTUAL possession OF THE SHARES TILL THE UNDERWRITING FIRMS SEND THEM OVER (3 DAYS). If you were allowed to short an IPO it is probably an illegal act as the firm does not have them to short. Most if not all of the shares were...

Unless your broker has actual possession of the shares they are not shortable as he can not loan them to you as he does not have them on hand. Shares only became public this morning and the BD have three days to deliver them to brokers that ordered them Any broker that does allow you to...

IBD and O'Neill have an enormous amount of institutional following for his service. When you hear an analyst speak of a "sector", they are usually referring to IBD's sectors. If IBD likes a stock, the institutions will like it and I am not nearly as smart as they are so I like it also. I...

A Series 7 is not necessary for trading. It is necessary for a lot of other positions within the securities industry. You probably passed with a perfect score. But it does give one a fair amount of background knowledge of how the actual markets work on a day to day basis. How an IPO is...

I think it is an OK strategy as long as you are trading OPM, LOL SteveD

I have always believed that the main reason for a very high failure rate is the very low barrier to entry. $5,000 and an internet connection and you are in business and posting 25 times a day on ET, LOL What if one had to go to school for 5 or 6 years, pass a rigorous test, get a license...

Sure they can turn it around if: they reject the unprofitable leases, close and sell/rent owned stores. I do not know the situation but they do have a lot of value in the real estate. They may end up a chain of only 50% of previous size but be very profitable in that situation. Sears and...

The NYSE trades about 2 billion a day. If my math is correct that is about 300,000,000 shares an hour. When and why would a specialist have time or the inclination to bother with a very miniscule amount of money from "daytraders"? The small orders are done automatically. The only person...

What would be the purpose of a specialist to put out a "fake" bid/offer? If it is small enough not to hurt him why bother with that small amount of money? If it is a large order he could get executed and may lose a lot of money if he is wrong?? When they are trading millions of shares daily...

Opportunities: GM was a gift at $31/share!!! MSO ran from 15 to 35 and then back down to 20. That is a total of 35 points and if you were not aware of this fact you need to turn on the sound of the TV. APPL went from 25 to 75. Homebuilders have gone up for two years. Oil and oil...

This is the difference between PUBLIC and private companies. When you are the CEO of a public company and you sign phony documents or give out untrue or misleading or false information you are committing securities fraud!!!!! Most of these clowns forgot that it is not their company. An...

Almost all violent crimes (rape, murder, etc) are STATE crimes and subject to the various opinions of the state officials. Federal crimes are, for the most part, non-violent in nature except kidnapping and harm to public official. That is one reason to be very careful when borrowing...

Hey Podna' Other than US or UK ALL other countries/governments have and will take it away from you if they decide to. Don't be silly. SteveD

LOL, You guys are a riot. Delusional, but funny. Wait for the government in these great countries to decide they want your money. They stop by and take you outside and machine gun you. I can name a long list of nations that have practiced that type of wealth distribution in the past and...

You are not taking into account the millions of jobs that are not counted: small yardman, flea market folks, Ebay, small repair/construction etc etc. Sounds like nickel/dime jobs but you add them up across the entire US and you have billions of dollars floating around that never show up in...