MF Global stock down 35%

Quote from PohPoh:

Well, I wont get into it because it's totally irrelevant to the thread..
But Man permeates with the lowest of the low in this business and if you don't know that, then I guess you don't know much..

Plus their customer service sucks and their back office is weaker than clock radio speakers...

I repeat my question . . .

GIVEN ALL OF THE ABOVE . . . WHY WOULD YOU EVEN WISH TO OPEN AN ACCOUNT WITH THEM?

:confused:
 
Quote from PohPoh:

Well, I wont get into it because it's totally irrelevant to the thread..

No . . . it has EVERYTHING to do with this thread because it goes to your motive and credibility in discussing "issues" concerning Man.

You say that they suck, and yet you still wanted to open an account with them after the Refco debacle.

You make perfect sense.
And yet another convoluted thread on ET.

Congratulations!
:)
 
Quote from Landis82:

No . . . it has EVERYTHING to do with this thread because it goes to your motive and credibility in discussing "issues" concerning Man.

You say that they suck, and yet you still wanted to open an account with them after the Refco debacle.

You make perfect sense.
And yet another convoluted thread on ET.

Congratulations!
:)

oy...
I HAD an account with them after the Refco debacle..
Remember, they bought the Refco book?

It was what I wanted to do at a later date that was shot down...but really, that's neither here nor there...totally irrelevent..

The thread's point is that the stock is down..
BIG...
Plenty of economic turmoil out there...
What's going on?
Is there a rogue trader (who wants to sell wheat at the top? MF Global does!)
They DID buy Refco and Refco was full of doss cunts (remember? stock crashed, fraud, robbed FX accounts)..I have a 6 figure check missing from my bank account because of RefcoFX..
So maybe there's a fraud?

What's so outrageous about that?

Admission: I am not long or short the stock, but I have several million shares of Schadenfraude
 
Quote from PohPoh:


Admission: I am not long or short the stock, but I have several million shares of Schadenfraude

If you cannot even summon up the balls to short 100 shares of the stock (trading at a whopping $6.30 - that would be a gargantuan $630 position you would have on there), then why on earth should anyone take your bearish ranting seriously?
 
Quote from Cutten:

If you cannot even summon up the balls to short 100 shares of the stock (trading at a whopping $6.30 - that would be a gargantuan $630 position you would have on there), then why on earth should anyone take your bearish ranting seriously?

Admittedly, I don't know much about stocks
I don't have a stock account that I actively manage..
My equities portfolio is handled by someone else..

...I'm a futures guy...
 
Quote from Cutten:

If you cannot even summon up the balls to short 100 shares of the stock (trading at a whopping $6.30 - that would be a gargantuan $630 position you would have on there), then why on earth should anyone take your bearish ranting seriously?

Exactly.

Moreover, I suspect that our dear friend "Pooh Pooh" was unable to come up with the new electronic platform fees that MF Global instituted. At Refco, they didn't charge that much for their futures trading platform ( you could pay a flat monthly rate or be charged per round turn ) and it was a pretty solid platform as I recall.

But after they absorbed Refco, Man was charging something like $1100 for their trading platform with no "pay-as-you-go" round-turn feature. You either had the money to pay the monthly fee of $1100, or you headed back to Lind-Waldock.
 
Quote from Landis82:

Exactly.

Moreover, I suspect that our dear friend "Pooh Pooh" was unable to come up with the new electronic platform fees that MF Global instituted. At Refco, they didn't charge that much for their futures trading platform ( you could pay a flat monthly rate or be charged per round turn ) and it was a pretty solid platform as I recall.

But after they absorbed Refco, Man was charging something like $1100 for their trading platform with no "pay-as-you-go" round-turn feature. You either had the money to pay the monthly fee of $1100, or you headed back to Lind-Waldock.

Hahaha...
that's just plain wrong and you don't know what the xxxx you are talking about...
 
Quote from PohPoh:

Hahaha...
that's just plain wrong and you don't know what the fuck you are talking about...

As opposed to you, I'm actually an MF Global customer. Thus, I actually know a little bit more about the company than a moron like you.

But thanks for showing everyone here how much of a FOOL you are.


:D
 
Quote from Landis82:

As opposed to you, I'm actually an MF Global customer. Thus, I actually know a little bit more about the company than a moron like you.

But thanks for showing everyone here how much of a FOOL you are.


:D

Haha..OK Mr. Customer..
You know about the company..
You don't know fuck all..

Carry on with your one lots..
 
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