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  1. M

    Citadel Says One of Its China Accounts Was Suspended

    They aren't just banning shorts, though. They told all the 5% holders they weren't allowed to sell for 6 months, strong-armed all the brokers and major companies to buy back their stocks, etc. You've got a lot better chance of propping up the market when all the smart money can't sell or short.
  2. M

    Citadel Says One of Its China Accounts Was Suspended

    You don't want to be a foreign firm that does short selling in China right now. You'd be lucky if they just freeze your accounts; if you're unlucky they'll arrest all your employees too instead of just threaten them, charges of (something, something) making markets go down.
  3. M

    Swiss OTC stocks?

    Anyone trade these? I'm looking for broker suggestions. Thank you. http://translate.google.com/translate?hl=en&sl=de&u=https://www.otc-x.ch/&prev=search
  4. M

    ipo with common stock and warrent. what happens when ipo ends?

    I'm sorry if you bought some of that one. From the PR: http://finance.yahoo.com/news/opgen-announces-pricing-initial-public-123000795.html
  5. M

    Margin cost and limit of IB

    That might be true, I didn't check, but the ups and downs of the stock matter a lot to your broker when you're using margin. Let's say you use your own $100 and borrow another $50 and buy $150 worth of this stock. If the stock drops 66%, your $150 investment is now worth $50 and you owe that...
  6. M

    Margin cost and limit of IB

    Yes, SGD $10k or so in annual financing costs. Well, that would be true of any stock or fund with a 2%+ dividend yield - don't think this is some magic way to make money. Most of the time the stock will drop by the amount of the dividend when they pay it. You could lose 75% in a crash like...
  7. M

    Congratulations!

    If only we could have raised taxes and spent twice as much on government waste, surely we would have succeeded!
  8. M

    Margin cost and limit of IB

    There are no special/higher requirements for C61U: http://www1.interactivebrokers.ch/contract_info/v3.9/index.php?action=Conid%20Info&wlId=IB&conid=117901199&lang=en You should preview an order and look at the maintenance requirement based your account type. It should be between 15-50%...
  9. M

    IB Exposure Fee

    They're in great shape - have you listened to any of the quarterly conference calls? You don't have to use them, but you might want to own the stock ;)
  10. M

    Flaw in ARCA open logic nails me

    Fbell - thank you for sharing your experience. I am sorry.
  11. M

    Can I get fired for shorting the company that I work for?

    Just ask HR for the company policies about trading in the company stock. If there's no rule against shorting, go for it. If there is, you've got to ask yourself if you want to risk your job and whether you think they would have any way to find out if you had shorted it. Certainly in a...
  12. M

    How will the Iran Nuke Deal play out in the future?

    The verification mechanisms are so weak and easy to avoid, Iran will be able to continue their nuclear weapon research without letting the inspectors find it. Therefore the treaty will be hailed as an Obama success since no weapons will be found!
  13. M

    Interactive Brokers TWS : the bug that can blow your account in one click

    The order line is a little bit grayed / lighter than usual if you've got a modified order that you haven't updated yet. It's true it will display the modified size, not the working size, since you just modified it. My advice is: 1. Don't leave modified but not updated orders lying around...
  14. M

    brainteaser!

    For the minimizing the worst case to find it, Log3(#balls), rounded up Add 1 if you don't know the odd one is heavier or lighter. I still like Baron's answer best, but you won't get lucky like that with the above algorithm.
  15. M

    Broker with most available shares to short?

    There's an option to take a commission only / fee for service version of the stock loan program, but then you have to place all the offers to loan yourself and try to get them filled.
  16. M

    Broker with most available shares to short?

    NMS does not protect you from your broker's bad execution - there are lots of things they can do that will get you terrible prices on large orders that are fully legal and NMS compliant. Trade throughs are possible sometimes, but rare; more common is how well your broker gets you price...
  17. M

    Spoofing becoming illegal

    Sounds like they didn't have much on Igor to settle for so little and no wrong-doing. Maybe the bigger cases are still in process.
  18. M

    SHAK options?

    Thank you! Looks like it's a float size issue in this case, and they should have options later this summer.
  19. M

    SEC Freezes Profits From Scheme to Manipulate Avon Stock

    Note that while these gains are referred to as "excess profits", in fact they are actually "avoided losses". http://www.bloombergview.com/articles/2015-06-04/guy-who-did-avon-hoax-was-terrible-at-hoaxes This guy didn't even make money - he was massively long these loser stocks and tried to...
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