Jim cramer "that cant be there, that is not a real price"!!!!!

Quote from Clubber Lang:

AAPL printed 200, PG printed in the 40's, hundreds of other stocks/ETF's printed 30-59% down and those trades stand.


That's still fucked though. The system was broken today. The greedy exchanges ought to separate the leeches from the real liquidity providers!
 
Quote from Clubber Lang:

Well I know it isn't you, dipshit.


You're right, it isn't me. It's.............thee............specialist (or market maker as the case may be).
 
Quote from risktaker:

That's still fucked though. The system was broken today. The greedy exchanges ought to separate the leeches from the real liquidity providers!


1. Just WHO are the real liquidity providers? Pssst, ask clubber.

2. Greedy exchanges?????? It's just a forum where they sell seats and provide posts. And clearing.

3. System broken? Let's blame it on a squirrel. Oh, that's already been used.
 
Quote from risktaker:

How are you supposed to even trade when the bid/ask on a stock shows .08 ask / 39.56 bid

You know the system is screwed, so what's the point of buying shares at 8 cents only to have them cancelled later?

DO you trade?

No, I just troll around message boards because A. I have no life B. I need some kind of outlet for human interaction because I'm fat, bald, have a bad case of acne, and stutter when I speak. In essence, no one (other than transients) will have much of anything to do with me. Oh yeah, the lenses of my bifocals are reminiscient of coke bottles.

Someday, I hope to have 2400 posts, .............just like you.


As for the eh..........wide spread, at that point in time, the ax wanted NO MORE inventory. Commonsense would dictate it would eventually narrow, or shall we say coverge toward "reality".

Stocks are never reality. In a perfect world they would trade AT bookvalue and adjust as earnings materialize (assuming accounting is accurate).
 
Did anyone notice that Cramer can't do remedial math as shown on Mad Money tonight? Is a $40 print on PG > 60% off? According to Cramer it is.
 
Quote from efficiency:

You're right, it isn't me. It's.............thee............specialist (or market maker as the case may be).

Get back on the phone with EF Hutton and tell them to call the floor and see if your 100 share order was filled.
 
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