PointDirex up today?
- Thread starter Market-do
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Im not the PointDirex defender of the world. As i stated in earlier posts...I left, but I left for a variety of reasons. No they weren't perfect, but neither am I nor is any other firm....here's my question to you: You are not a trader, nor do you have any money to invest ( you said you were unemployed)...what are you doing posting???? What is your contribution? Stock tips? Trading tips?....If you opened an account here on E-Trader just to bash PD you are wasting your time. they took their lumps and most of the serious traders have moved on...Have you noticed nobody is really responding to you except for me???? The only reason Im responding is becuase it keeps showing up in my inbox!!!
As I tried telling you earlier, I do think you are stepping over the lines of good taste but that is your choice , not mine. I wish you all the luck in the world but you really do need to move on with your life. ...By the way , i hoped you asked for Bargain World's permission befor you started putting their pictures on the site...you could be in a world of legal trouble with those owners becasue you are using images and associations without permission and or information...nice work...maybe you can buy a web site for them too!....
As I tried telling you earlier, I do think you are stepping over the lines of good taste but that is your choice , not mine. I wish you all the luck in the world but you really do need to move on with your life. ...By the way , i hoped you asked for Bargain World's permission befor you started putting their pictures on the site...you could be in a world of legal trouble with those owners becasue you are using images and associations without permission and or information...nice work...maybe you can buy a web site for them too!....
To All:
I believe the deal with White is PD lost their BD license when the President quit, and this is the temp solution, but that's just an educated guess.
To TM:
For the record I've been gainfully employed for quite some time now, thank you very much, and I believe it is you who's hunting the want ads, seeing as how you submitted your letter of resignation a few weeks ago. No shame in that, I've been there before, and I'm sure something will come through for you, eventually. As you stated earlier, 20 bucks and a credit card can get anyone a website, so maybe the tmdirect thing will get going next week, but somehow I doubt I'll ever see it. I'll be the first to post my humble correction if I'm proven wrong.
As for the theory that PD is having problems because of a down market and IT costs, I think that's BS. There's a company right down the street, Momentum Securities, which is doing quite nicely, and the business model is/was very similar. The biggest difference is management styles, ie, treating employees with dignity and respect while working as a team toward a common goal, combined with solid business sense and proper money management. Maybe the leaders of PD could go ask Craig for some pointers.
To All:
Anyway, to sum up my opinion for PD; Buyer Beware. I will let the matter to rest for now, because any more is just bashing.
To PD:
What goes around comes around, and I feel we have now come full circle. Good luck in your future ventures, and I hope you've learnt some lessons over the past couple of years. I have.
Farewell.
I believe the deal with White is PD lost their BD license when the President quit, and this is the temp solution, but that's just an educated guess.
To TM:
For the record I've been gainfully employed for quite some time now, thank you very much, and I believe it is you who's hunting the want ads, seeing as how you submitted your letter of resignation a few weeks ago. No shame in that, I've been there before, and I'm sure something will come through for you, eventually. As you stated earlier, 20 bucks and a credit card can get anyone a website, so maybe the tmdirect thing will get going next week, but somehow I doubt I'll ever see it. I'll be the first to post my humble correction if I'm proven wrong.
As for the theory that PD is having problems because of a down market and IT costs, I think that's BS. There's a company right down the street, Momentum Securities, which is doing quite nicely, and the business model is/was very similar. The biggest difference is management styles, ie, treating employees with dignity and respect while working as a team toward a common goal, combined with solid business sense and proper money management. Maybe the leaders of PD could go ask Craig for some pointers.
To All:
Anyway, to sum up my opinion for PD; Buyer Beware. I will let the matter to rest for now, because any more is just bashing.
To PD:
What goes around comes around, and I feel we have now come full circle. Good luck in your future ventures, and I hope you've learnt some lessons over the past couple of years. I have.
Farewell.
Wow, You are a regular Ralph Nader...
As far as the Momentum office across the street, You are right they are doing quite well and there are some good people over there, however it's pretty obvious you have no idea how the industry works, if you did you would understand that that office is an OSJ of momentum....they don't make software, nor do they need a staff of 20 to develop and maintain software. They need 1 t1 not 30.....I think your posts though shed some light on PD's problems...One of my biggest concerns was that they hired too many "tech" guys to develop and or maintain brokerage software who had no idea what ECN meant or what a short was, quite frankly your posts about a web site show how ignorant you are. You have been gone from the company for over a year and 1/2 now..I know this because PD moved from the 28th floor in early 2001 because it was too small. Since you don't trade and you have been gone for over a year, what are you trying to accomplish? Prior to working at PD can you tell me one other brokerage firm you worked at? Have you ever traded before? I think that is the bigger issue in why some of the problems at PD occurred on the software side. By the way, does your current employer know your posting and bashing like this? I don't really care but your employer will if these records are ever called...check out: Zixit corp vs Visa inc from 1999. I worked on that one. Im serious when I tell you that: feel free to criticize the company and management all you want but when you start making false claims and accusations and make derrogatory referneces, you open yourself up to trouble.
As far as the Momentum office across the street, You are right they are doing quite well and there are some good people over there, however it's pretty obvious you have no idea how the industry works, if you did you would understand that that office is an OSJ of momentum....they don't make software, nor do they need a staff of 20 to develop and maintain software. They need 1 t1 not 30.....I think your posts though shed some light on PD's problems...One of my biggest concerns was that they hired too many "tech" guys to develop and or maintain brokerage software who had no idea what ECN meant or what a short was, quite frankly your posts about a web site show how ignorant you are. You have been gone from the company for over a year and 1/2 now..I know this because PD moved from the 28th floor in early 2001 because it was too small. Since you don't trade and you have been gone for over a year, what are you trying to accomplish? Prior to working at PD can you tell me one other brokerage firm you worked at? Have you ever traded before? I think that is the bigger issue in why some of the problems at PD occurred on the software side. By the way, does your current employer know your posting and bashing like this? I don't really care but your employer will if these records are ever called...check out: Zixit corp vs Visa inc from 1999. I worked on that one. Im serious when I tell you that: feel free to criticize the company and management all you want but when you start making false claims and accusations and make derrogatory referneces, you open yourself up to trouble.
Word on the street is that their prop traders have no buying power due to their investors pulling their funds... I wonder if the traders will be asked to start PRINTING T-SHIRTS for DADDY?????
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