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If he's joining a prop firm with a capital contribution, then it's probably just one of the handful of firms left that will accept the new Series 57 license. The focus reports of the prop firms that take capital contributions are not hard to find online, and they are current for the past fiscal...

This is a typical case where an overzealous prosecutor uses the secret Grand Jury system and abuses his prosecutorial discretion to obtain an indictment. "On Dec. 10, 2014, a three-judge panel on the Second Circuit agreed with Newman and threw out his conviction as well as that of Chiasson...

"Lyft is not profitable, said a person briefed on the company’s finances." Interesting article. So even with an estimated $2 billion in ride fares and a 20% cut, it can't make money on a $400 million revenue stream. However, if they can last long enough until the driverless cars become a...

Agreed. I think the SEC, however, will have a difficult time proving that the participants were unknowingly giving up their ownership rights upon death. You can't take a subpoena from a deceased person, obviously. This is why they did not file a complaint seeking damages, but rather called...

Perhaps not recently, however BOTH have already split their shares. When Google split its shares, it simply created a new class of shares without voting rights. If it hadn't, the stock price would currently be well over $1,400 per share...

Ok, I get your point. They weren't "hurt" in essence they didn't fund the brokerage account(s). However, paragraph 37 states the following: "In order to exercise the survivor option, the SO Investments required redemption by a surviving owner. Therefore, when a Participant died, Lathen...

Personally, I think if one has a broader time horizon, then buying the "bottom" provides an opportunity to use cash to BUY THE DIP when others are buried holding losing positions. Regarding doing this within 2-4 weeks with "very good accuracy" is doubtful, at least for me. I'm looking at the...

Scamming from high net worth investors is deceptive enough, but scamming those who have six months or less to live by offering them $10,000 and designing a scheme to cheat them out of their brokerage accounts is simply beyond the pale. https://www.sec.gov/litigation/admin/2016/33-10120.pdf...

It's all about cycles and patterns, which tend to repeat over and over throughout history. As mentioned prior, this is one of my favorite tables, done by Yardeni Research. It shows the bull and bear market cycles for the S&P 500 since 1929. Even during the 17 year massive secular bull market...

Try T3trading, as I recall from reading another thread that it had a branch office in west of LA, near Santa Monica. http://t3trading.com/trading.php

Uber will test self-driving cars in Pittsburg (with a human backup, just in case, lol!) https://www.yahoo.com/news/uber-autonomous-cars-haul-people-125127470.html?ref=gs "We've got to be laser-focused on getting this to market, because it's not a side project for us," he said. "This is...

Yes, the long term traders definitely "need to thread with caution" before the cycle changes, which it inevitably always does, without exception. The margin debt goes up and down in cycles as well. Take for instance in October 2007, when the market peaked, the margin debt was slightly over...

Well, this is just another case where the manager rips off the client when the manager has access to the clients' funds. Paragraphs 35, 36, and 47 of the SEC complaint are the most damaging, quoted below: "35. For example, in November 2015 and December 2015, Mitsakos’ circulated to potential...

Trump called FB a buy when it was at $19, which eventually became a 5 bagger. Everyone knows the Fed has been pumping this market. Marc Faber claims S&P is going to 1,100. He's known to hype corrections despite the market continuing to rally...

Yes, it's good to have the capital appreciation plus the upcoming .57 cent dividend per share on Thursday the 11th. :D

Sig makes a valid point. The issue is regarding the foreign ETF trading at either a premium or at a discount to its NAV. For example, EWZ states the following in its prospectus (emphasis in bold): "Shares of the Fund May Trade at Prices Other Than NAV. Shares of the Fund trade on stock...

Agreed, it's a likely target before some pullback.

For a quick trade, perhaps. Are you expecting a full blown reversal of current daily trend, or just a pullback? AAPL has some prior resistance on the daily in the $110-$112 area, however it's trading above the 200day on daily, and it's the seventh directional UP week on the 200day weekly...

Interesting video. AQR has $150 billion in AUM, so they've done something right. The interview mentions that managed futures are a part of the portfolio, and jokingly claimed that "moving monkeys" (ma's) are used to depict trend. One would think a guy putting up $1 million or so in AQR would...

From the article... "The pay is not worth it," said Eric Roberts, who has driven for Uber on and off in San Francisco the last two years. "You're constantly running around putting wear and tear on your vehicle for small fares." It also mentions another possible piece of evidence that Uber...