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Yeah runner it looks like that, but believe me we won't go down easy and we will take as many of you bastards down with us if that is our fate. Believe that. The consequence of the combination of arrogance, ignorance, poverty, and massive military might is something the world should consider...

Very interesting thanks. I agree needed reform especially where CC are concerned but when coupled with the increases in gas and other prices I think we could shoot ourselves in the foot here. We will be suffering from the effects of the damage this administration has caused in its 8 years in...

Yes, gas at my local pump rose .52c in 4 days. Katrina looks like it will end up costing way more than the 25 billion initial estimates. Probably gong to be rough sledding at some point but if the liquidity pump keeps happening it will just make the dislocation that much more dramatic when it...

Just curious, how much do you think it would take to create a good short squeeze? Vol has dropped to less than 200K. What if someone hit the ask all day long for the daily volume do you think they would be able to short another 200K shares? Nyrnes says only about 300K shares out there...

I agree and am heavily long Ostk Dec Calls but was just trying to find some explanation for why the numbers are so out of whack and regulatory action doesn't seem to be taking place. If what Byrne has been saying is even conservatively correct then I think people will be surprised at how much...

Flytiger, you seem to know a lot about this stuff. Am I correct in thinking that Reg SHO allows naked shorting to hedge option positions? In which case wouldn't the put writers be allowed to naked short with impunity?

Doesn't look like the naked shorting expose has had much effect. Correct me if I am wrong but doesn't the Reg Sho allow naked shorting to hedge option exposure? If the Rocker camp are buying a ton of puts wouldn't the person selling the puts be allowed to naked short with impunity?

Yeah like last time the float doubled, Goog added 40% to its stock price. If anything this will gove Goog the ammunition that it needs to put in to play some very interesting aquisitions/strategies. These guys are not fools, they wouldn't ask for the cash unless they had plans for it. Cash +...

All trading profits aside this sucks so bad, you know how many drugs will not be developed because of this shit! We all lose big time. There need to be some caps on these things. 24 million was enough, the 200+ million is ridiculous. This is not a cigarette company that puts out a product that...

Lol brain not working today. Thanks for setting me straight. So even if the company stops buying whne they have the legitimate shares the other buyers will have a case against the naked shorts to recover damages equivalent to the buyout price. Hmmm, in other words naked shorting really is...

But isn't the whole point behind the naked shorts that no one did buy them which ish why they are "naked". There is no party on the other end of the short so if the company does get bought out then the naked shorts dissappear.

Any one know what would happen in this situation: Say a float is 10M shares and buy out offer comes in to take company private. Insiders own 8 million, 2 million retail, 2 million short, and 4 million naked short. Presumably once the company buys up the remaining 2 million that they don't...

Agree, nothing wrong with shorting legally but this naked shorting stuff is not only unpatriotic but out and out fraud and hurts a lot more people than just he investors of the company that is being targeted. While I don't think Byrne is doing his investors any favors getting involved so...

Not surprsingly limit orders also make the spacialists job a lot easier and increas his ability to make a profit. The flaw in the piece is that it does not account for the fact that a small group of traders are consistantly successful and the rest aren't, unless the conclusion is that amongst...

Lol either he is saying that money is on the sidelines waiting for a sign to get in that will result in a huge rally up due to a technology dividend, or, he is saying that money is waiting on the sidelines to go short once they see the signs that are reminiscent of what happened at a...

No I don' t think that is what he meant, yields are abnormally low given the surge in oil and also the news of the reintroduction of the long bond.

ER2 has been a beauty to trade adhereing very closely to its S/R levels, bounce off 660 back to 670 resistance and back down to 660. Broke 660 fairly decisvely today before coming back eod above 660.

Thanks guys, I really appreciate all the good advice and info (and the light is now on :D ).

Let me guess, Gross is a critic of the current adminstration right?

If I recall it cost me 2K or 3K and this was in 2001 in the midwest. They let you go in for appointments first before you join and you have access to all their catalogs etc. It took me about 5 minutes to realize that I was going to save way more than the membership fee (buying sub zero and...