you know there is an old saying in the market - but sometimes certain people think it doesn't apply to them, or think this time is an exception, or that they are bigger than the market and economics. It's amazing how many thought that back in the late 90s.
"bulls make money, bears make money - but PIGS get slaughtered"!
CME is the biggest joke since the 1990s bubble. You got a bunch of seat holder-maggots manipulating the stock higher and higher in the face of nothing much to justify these price levels. It's amazing how people come to accept prices like this. But then TASR was once a high flyer also.
Mark my words. This stock is an accident wafting to happen. It will go down at least 100 points. This is another oil b.s. manipulation by exchange scumbags. Oh wait, I forgot its the small investors who are buying this POS stock at 435. Its a joke.
I guess the reason this sounds "angry" is that the hotshots at SEC et.al. are more worried about a fking PDT rule and regulating the small honest guy--
--- but I wonder what we would find if they examined the buying in CME and matched it with insiders and CME members, and CME underwriters. Of course I guess its not "illegal" to buy stock in the company you work at. SURE!
sold my 1 CME March 430p at 10.40
PnL
+40
still underwater on other puts - sold some long calls today in other account. Now in a bear call spread
gonna go eat my pizza.