IBKR is on the move today and guess what? It aint up

[bwolinsky]

Quote from stock777:

Give your pal Travolta a call, since you've now come out.

Unlike you, I have a picture of myself with John Travolta.

 

[stock777]

Im sure you do. Positive as a matter of fact. 100% Just what I said. You and John.

 

[Options12]

Quote from fred1:

good products and services will have many customers and finally earnings and stock prices will follow ceteris paribus.

some people here believe that products/services of a company and financial success are disconnected? really?

ib has excellent charting. i perfer it over ninjatrader or sierracharts or other very expensive products. i make money using ib tws that is all that matters to me.

They have some neat products. Low costs.

Though the quality of customer service is inconsistent.

See: http://www.youtube.com/watch?v=Y7m8DcKKHGg

 

[Rationalize]

Quote from bwolinsky:

We'll last up to position limits. And once we're there, we'll get subscribers to the point that they'll also have to worry about position limits.

2000 units is that maximum, and it is the limit because up to 5 NQ per unit can be traded, while 10,000 contracts is the limit.

If I thought this was real, I'd be concerned.

Remember fella, sometimes talking small adds credibility.

 

[bwolinsky]

Quote from Rationalize:

If I thought this was real, I'd be concerned.

Remember fella, sometimes talking small adds credibility.

I have that much confidence in the backtest.

 

[Rationalize]

Quote from bwolinsky:

I have that much confidence in the backtest.

I want to buy a long strangle on you, way way out of the money.

 

[bwolinsky]

Quote from Rationalize:

I want to buy a long strangle on you, way way out of the money.

Can't help you with the put, but the call option would be a good choice.

 

[Cdntrader]

Quote from atticus:

The new charting front-end is god-awful. Comms cover the fee but I'll never use it.

it's not awful, but its so similar to what TWS offers already.

Perhaps it is more for the managed money crowd with its news and research feeds built in.

The only thing I'd like to see from IB is a page like Finviz.com with a matrix I could created with whatever securities/indices - not just forex.

New ideas in the ability to analyze data in different formats is always a plus.

Anyway, its all good since they finally got their charts in order.

 

[Options12]

Quote from braincell:

Part IV, number 3 is ticked "Yes".

That's basically IB saying: yes we're late because the results are going to be very different, and have a look at the April filing to figure out why.

Should we IB clients be worried? hehe.. :/

Shouldn't there be a press release from IBKR to announce the late filing? Anyone have a link to one?

 

[Options12]

From the 8-K regarding the late 10-Q:

If the non-controlling interests attributable to IBG Holdings LLC were accounted for as temporary equity at March 31, 2012, the non-controlling interests, approximating $4.4 billion, would be reported as a separate line item between the liabilities and equity sections of the Registrant's consolidated statement of financial condition. The temporary equity would be marked to market, based on the public share price of the Registrant's common stock, which would result in an increase of approximately $1.6 billion to temporary equity and a corresponding decrease to stockholders' equity. While combined permanent and temporary equity would remain unchanged, under this accounting convention reported (permanent) equity at March 31, 2012 would be negative.

http://biz.yahoo.com/e/120515/ibkr8-k.html