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    Naked Short Selling

    Longs = good! Shorts = bad bad bad! Complete crap as usual. Naked shorting is illegal. Shorting is not and is integral to the markets. Anyone who says otherwise is an idiot.
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    2T of assets coming for sale ...

    There is a reason those GE bonds are where they are.
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    Naked Short Selling

    You know, I am all for naked shorting laws actually being enforced. However, I have no doubts that the stupid powers that be will in addition start enforcing the uptick rule again just because they are idiots (and because idiot Cramer says this is the root of all our problems). So good luck...
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    Is IB telling the truth?

    Yes, it is like getting served sh*t pie and then also getting a turd cherry on top.
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    After Hours broker

    That seems really bizarre. When you say an "offset order," do you mean closing out the position or putting on a box on in another account? Just curious, what was the reason TD Ameritrade said they couldn't fill his order? Anyway, if the commission is not a concern I would go with IB...
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    Now banks are socialist?

    Desperate times call for desperate (and totally idiotic) measures.
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    After Hours broker

    So he wants per order pricing versus per share pricing? I know Schwab has extended hours trading but I don't know how many routing options they have (i.e., are you only permitted to route to ISLD, and does this even matter to your friend?)...
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    Is IB telling the truth?

    Yes, IB will not open an odd lot position on ARCA (neither NYSE nor NASDAQ). You can close odd lots on ARCA. So maybe what happened was the best offer was some reasonable price on ARCA but since IB prohibits odd lots to ARCA it picked the next best offer which was far away from the market...
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    Is IB telling the truth?

    By the way, who is to say that the best offer right at the open was not 21.88? And if the original poster sent a market order in, he was willing to accept any price. Just because the official opening price is some number says nothing about where the best bid and ask are at the very moment an...
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    Is IB telling the truth?

    Odd lots don't print to the tape. Plus 21.88 is < 10% off the opening price so most likely you would never ever get that busted due to busting policies at exchanges.
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    Gotta hand it to India...

    Along the same lines, I love it when car companies highlight in their commercials how their vehicles get 30mpg or less. Like that is some sort of huge accomplishment given that 30mpg has been around for more than a decade.
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    Naked Short Selling

    Like these financial institutions that are getting spanked have so much more integrity than hedge funds. There are so many examples of these same institutions shooting for the demise of others that I have no sympathy at all. If they can't hack it, they don't deserve to survive. And there is only...
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    Naked Short Selling

    Is this article good news in your opinion? I guess I am confused - they won't enforce the naked shorting rules, but they will try to tighten the rules on FTDs? I am assuming that essentially limits the effectiveness of naked shorting to a shorter duration of time. If so, can't you just roll over...
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    After Hours broker

    Interactive Brokers
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    Naked Short Selling

    As far as I am concerned, the faster we throw out these worthless piece of crap entities that are just sucking taxpayer money into some bail out vortex, the sooner this country can actually heal itself financially. Sorry to say, but the shorties are doing us all a favor. And I would say most of...
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    Naked Short Selling

    Longs = good! Shorts = bad! Simplest explanation is that LEH is bankrupt, going out of business, and everyone knows it.
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    FNM/FRE Bailout Worst Screwup Of Bush Administration

    Actually, the bailout of FRE/FNM pretty much guarantees your dollar is going to suck balls well into the future. It is a contest of which country will decimate their currency the fastest. The US continues to lead the way.
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    Euro Crash?

    That's a good one.
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    The Feds Effort Has Done Nothing

    I don't see where you draw the line between a "saver" and a "hoarder." Both are financially responsible. Inflation causes people to buy commodities to preserve their wealth. I don't think that is the intended goal of the government.
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    The Feds Effort Has Done Nothing

    As a sound national policy, I think you must reward people for responsible financial behavior such as saving money. Everyone loses with high inflation, especially retirees who are living off social security which is based on faulty government inflation calculations to begin with. The...
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