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  1. N

    Shorted RFX... Hmm.. Now what?

    agree and no offense taken. good luck with your trades.. w
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    Shorted RFX... Hmm.. Now what?

    Yes it was a serious post..I am not an expert nor claimed to be...perhaps you would be so kind to enlighten me with what legal or information you have that would/will back up your statement. There is nothing wrong with brain storming. I am not talking about open market trading...this would...
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    Shorted RFX... Hmm.. Now what?

    also the brokers to allow shorts must own the stock.. the bid/ask they are offering or showing is what they ? are willing to accept ...via ie smart route...which is an internal operation if I am correct.. If say IB / ETrade offer a client X to allow them to cover..and exit...and say another...
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    Shorted RFX... Hmm.. Now what?

    I agree but then how is it the brokers are able to adjust the bid/ask lower from the last price which does reduce your bp and margin requirements... If the broker is going to discount the stock ie to X and I have some one willing to give more then how could they justify not doing it... I...
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    Shorted RFX... Hmm.. Now what?

    I have an idea... not sure how it would work but would be willing to find out. You have shorts at ie 10..there are obviously traders that would be willing to exit there longs at X... IF the stock is going to continued to be halted and you wish to exit ....I don't see why your broker will...
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    RFX - when and at what price will it open?

    is also interested the company gets to keep I believe 20percent. I just heard on squawk box that others are contesting and looking for a chance to bid. Any idea if and when it will open and where? My other concern is that once opened a lot of traders will sell to cut losses which could...
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    All Doomsday Refco posts and market continues its march higher.

    no missed it.. was just trying to pick up some options prior expiry this week. market had a pretty good little rally from where I sit. Looks like I'm going to resemble the parting of the red sea when RFX gets through with me... good luck with your trades w
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    All Doomsday Refco posts and market continues its march higher.

    no problem, your point of view(s) have caused me to take a second look at trades I was about to enter. Your post re market going long etc saved me money in several occassions. Keep posting, all points of views are welcomed here. w
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    All Doomsday Refco posts and market continues its march higher.

    Why do Et posters get so irrated and angry if a poster post something they do not agree with. areyoukidding has posted go data in past I agree and have disagreed with him. If you do not agree with him then omit the post reply versus the negative commits.. Everyone is entitled to their...
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    Refco puts worthless?

    It is my understanding that if you bought puts you have no one to assign them to, they will expire worhtless... I understand that the calls I wrote upon expiry I will be credited the funds as the funds are deposited in your account upon writting them and credited upon expiry.. I understand...
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    REFCO bankruptcy before Bankruptcy law date?

    Anyone know what really happens to stock or options in this case? The broker has no idea yet and says we must just wait and see. w
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    Refco Account Security

    I do ...darn it ....I LONG...... I think if there are a lot of people looking/hoping there is a favourable guiding light...so we can continue spinning our wheel of fortune, in search of tomorrow...for that ultra freedom 55... me I am hoping to dodge this double jeopardy...:D w
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    REFCO bankruptcy before Bankruptcy law date?

    rfx options and stocks are not trading so far... w
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    Refco Account Security

    Has anyone on ET ever ran into this type of situation before. It looks like the winding down is as a result of initial disclosure and I am guessing therefore the associate corp has a fiducary responsibility? any ideas how this effects our existing stock positions? It the stock is halted...
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    REFCO bankruptcy before Bankruptcy law date?

    I was wondering what broker you bought your 5k from? I am inquiring if they are going to bust premarket orders as they exceed 5percent... as yet they have not be advised. but I will trade you any time your price for mine.. I have notice today that rfx has a bid/ask as do the...
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    REFCO bankruptcy before Bankruptcy law date?

    I agree with you in that full proper disclosure is a must. We are all aware of creative accounting..and then adjustments later similiar to our weekly data that gives us our volitility. I would be interested in what you would of done if you had the power that would of disclosed or stopped...
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    REFCO bankruptcy before Bankruptcy law date?

    I agree with your statement ..they should be accountable and responsible..and as your statement indicates you feel compassion for the customers and shareholders..I have just added employees..we agree..if I read you correct.. being shallow is that the person ...not the firm...get what it...
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    Refco and the dollar

    I personally don't think so.. several trillion traded daily and it is my understanding that the USA controls 80-90percent...one way or the other... could case false drops to create buying op's .. I can tell you several years back when Bush in Dec fired two key personell the currency...
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    REFCO bankruptcy before Bankruptcy law date?

    , Refco will emerge from this a substantially reduced firm, or just be swallowed up. It is a bit sad, but when the CEO commits fraud, that's what the firm deserves. [/B] That comment is so shallow. Why should innocent people suffer...for the suppose action of one/two individuals..are...
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