this EXACT sit happened a few years ago although i forget the name of the stock. a lot of mm's, specs were picking up the proverbial pennies and decided against buying back the otm calls fri afternoon of expiry. well guess what happened at 4 pm? yep - the company announced it was being acquired...
+1. even if the mba is from a top school if you're looking to go into investing in any way, most employers would chose a cfa over a harvard mba six days a week and twice on sunday.
+1. I've passed all three levels (passed each one on first try). as an unpaid commercial, i strongly suggest using stalla study materials. i only read these and they were perfect.
level 2 was the hardest for me b/c accounting is like a third of the test - and i hate accounting! but you just...
+1. of course the brokers will defend them. what else are they going to say - "pnsn is a POS company w/ no operational controls, a corrupt and inept board and likes to gamble literally at the track".
the brokers will defend them right up until ch 7 or 11. then the brokers will issue the...
for all intents and purposes yes they should. there are so many other pairs and crosses out there that don't have a central bank just itching for a fight w/ traders. now the snb is talking about possibly restricting capital movement?! i would not want to be long the swissie and log into...
re stability of your internet connection, i strongly suggest getting a dual wan router and hooking up two SEPARATE internet connections into it (e.g. dsl and cable - NOT two dsl lines from two diff phone cos b/c they both travel over the same wires). the router is only a few hundred bucks but...
+1 to random capital's suggestion re dell. however re your point of "not opening the side cover" - i strongly suggest you open it at least once a year to clean it out. unless you're buying a liquid cooled cpu (and i guarantee you if you're spending $500 or less you are not) - you will need to...
+1 to buying the t3500 (i believe this replaced the t3400 which was the previous recommendation). if buying from dell either use the outlet or from the business side in order to get support from someone who speaks english - this is not being racist - i'm simply saying i'd rather speak to someone...
a trading halt is when a security is "halted" meaning no one can trade it or any deriv of it (e.g. options). it occurs when there is pending news such as an fda decision, lawsuit, investigation, etc.
although a lot of traders initially thought that the tda buyout of tos was all bad, one VERY good side effect was moving the clearing from pnsn to tda. i'd rather have an occasional software prob than wake up one day to find my account frozen and have no idea when i can trade it and/or get my...
there def were no options trading on fri for fb.
you could only short fb if you are a bsd and can get shares from your prime like morgan, gs, etc. even though there are hundreds of millions shares out it's still a hard to borrow stock as hard as it is to believe. over the next few days/weeks...
remember that the iv will be HUGE - be careful buying options. i'd suggest waiting a few days for the stock to trade and the mm's to get a feel for the vol.
i throw in my $0.02 USD. for example, CL broke down huge on 5/3/2012 right at resistance at the 50 dma. you could say "i'll short here w/ a tight stop maybe 1 ATR above the 50 dma and exit at the 200 dma or 3 or 4 atr."
basically TA is telling you where you are wrong (e.g. price goes back...