Quote from michaelscott:
Well well well. I just looked on my focus list to find Interactive Brokers tanking down in the afterhours session. Some people called me an idiot with many other names when I went ultra-bearish on Interactive Brokers stating it was the next Vonage.
This one I am not wrong on in the least.
Still a ways to go before it reaches Vonage status . I assume you are short large with such a strong opinion, so we can assume large gains if you are right and large losses otherwise.
Looks like some mobsters, aka 'traders' pulled a fast one in jolly Germany and ripped off the MM's, including IB. Assuming this was actually a conspiracy, , they may well get some form of return of capital.
Don't know how 'fair' they are over there regarding manipulation and attempts to gain unfair advantage.
