So I'm correct that all stocks on the NYSE will trade like REG-SHO stocks tomorrow? This is how the SEC's statement makes it seem, but can't find anything clear on the NYSE's website.
Quote from Comanche:
Is this true?
Why do you suppose they would get rid of this? Very interested in thoughts on this. Of course I have my own ideas but will STFU and listen to yours.
Quote from osorico:
Not being a conspiracist, but I do question the timing of ...
- elimination of the "Tick Test", starting NEXT WEEK. (After nearly 7 DECADES in force) http://www.sec.gov/rules/final/2007/34-55970.pdf
- extension of exemption for Banks from the definition of "Broker" http://www.sec.gov/rules/other/2007/34-55991.pdf
- BS "willingness" to self-bailout to the tune of billions.
- markets worldwide trading at or very near multi-year highs.
Just pondering
Osorico![]()
Quote from Comanche:
So I guess the groundwork for the downturn has been laid out. The powers that be needed this ammendment in place so they don't get fucked like a housecat trying to get out. They will be the first ones out now, and a few chosen guys on here (no names necessary) will be the last.
This is such a leading indicator it is so blatant.
You dip buyers better change to a lighter roast, has more caffeine!
Quote from Comanche:
So I guess the groundwork for the downturn has been laid out. The powers that be needed this ammendment in place so they don't get fucked like a housecat trying to get out. They will be the first ones out now, and a few chosen guys on here (no names necessary) will be the last.
This is such a leading indicator it is so blatant.
You dip buyers better change to a lighter roast, has more caffeine!
Quote from Comanche:
Is this true?
Why do you suppose they would get rid of this? Very interested in thoughts on this. Of course I have my own ideas but will STFU and listen to yours.