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Think there is a reason to get this beyond .02 eventually. Nice day. :)
Penson is basically saying we want out of this business. The business may get funneled else where.
It may affect liquidity initially, but the market has always been savvy to get around things.
Other clearing houses, however, will see if Penson is successful at doing this.
The Penson thingy really is penalizing bigger players, or companies that have tons of stock to sell.
Maybe, it will eliminate some of these promo's. Most of these promo's are getting cash for services these days, but someone has the stock still to sell, and there are some stiff charges going to be applied based on volume and settlement of account in a three day cycle; up to closure in their account based on the new rules with Penson.
We will see how it all pans out.
:)
OK
On investors, institutions, or both?
Shows it on that list, tho- Ameritrade has their own clearing house.
Like the chart tonight. A little bit of news now please. :)
Added WTWO .002 today. eom
Mkt cap about 700k. A joke. :)
This has two down gaps on the chart that will eventually get filled IMHO. eom
By the way, most jobs being created are reducing full time positions and creating some part-time positions.
For example, a 40 hour position(minus 2.5 hours of weekly lunch) could be cut, and then made into seven-nine positions based on hours per shift(4-5 hours).
A nice way to creating jobs by downsizing one full time position; not excluding all the benefits the company is saving by not having that F/T position. A win for the company two ways: They save money by not having to pay benefits to F/T associates, and they look good, because they get to report that they're hiring.
The government wins, because they can say jobs are being created, when in fact, the same hours are being reported just in a different way.
A crock.
JMHO.
China — the world's second largest economy — is rated two notches below the United States, at AA-.
AA- because they hold so much of our debt, but much more cash rich than the U.S.A. They manufacture goods while we manufacture paper. Until we fix our economic model, the U.S.A. will just have to keep raising our debt limit which is nothing but a spending plan. No one in Washington can decide on what programs to cut since many programs are tied into special interest groups and pay offs.
Further, Apple wouldn't be so bold. The pay back would never come. They know the history lesson here.
Check this:
http://moodyeyeview.com/2011/07/29/apple-has-more-cash-than-the-us-forget-china-take-loan-from-apple-theres-an-app-for-that/
Finally, I'm not sure how jobs are being created, but I can bet the jobs report doesn't take an account of all the people whom have stopped looking, lost their unemployment benefits, or both. So, they're not included in the (un)employment report. The report is a biased and distorted.
Moreover, we have this coming into play:
http://www.federaltimes.com/article/20110811/DEPARTMENTS02/108110303/
This happening internally; global(just to name a few):
http://www.ktla.com/news/landing/ktla-borders-bankrupt,0,2928708.story
http://www.networkworld.com/news/2011/071511-cisco.html
http://www.businessinsider.com/morgan-stanley-to-fire-20-of-managing-directors-in-research-by-year-end-2011-8
http://www.bloomberg.com/news/2011-08-08/global-banks-poised-to-slash-101-000-jobs-in-fastest-reductions-since-2008.html
Housing market:
http://finance.yahoo.com/banking-budgeting/article/113299/housing-markets-collapse-2012-247
We know Freddie and Fannie are bankrupt so here's an idea:
http://marketplace.publicradio.org/display/web/2011/07/22/pm-us-government-wants-to-rent-foreclosed-properties/
So, where is the United States going to come up with money(foreign money dwindling) without buying our own debt or printing more cheap money? We can't settle on a budget.
You have state governments shutting down or selling buildings:
http://www.reuters.com/article/2011/07/19/us-minnesota-shutdown-idUSTRE76E6MN20110719
http://www.npr.org/templates/story/story.php?storyId=122476086
I can't wait. Our solution?:
http://www.reuters.com/article/2011/08/10/us-usa-debt-super-committee-idUSTRE7786DY20110810
And, the United States media will just turn to Europe now, and blame them for the global collapse. It's already happening. First, the media was all over Greece shifting the attention off of any United States issues. Next, it will be Italy, or France, or??? Yet, we have no solutions to our own economic mess.
You ain't seen nothin' yet?:
http://www.click2houston.com/money/28831992/detail.html
We're into deep. Every one in Washington has that "deer in the headlight" look, and looking at Obama over the last several months, he has already quit this term, but raising money for his next:
http://www.huffingtonpost.com/2011/07/13/obama-fundraising-2012-dnc_n_896813.html
Sad.
P.S.: Please don't even think about it. Review history lessons (QE1 and 2), please.
http://seekingalpha.com/article/286830-will-the-fed-s-regional-governors-prevent-qe3
I have done well with this one a few times from near this level. Glad to have you on board.
This is a pretty big S-8.
http://ih.advfn.com/p.php?pid=nmona&article=48222934
I guess if your not buyer here, you never would be. G/L :)
Chart is looking a lot better now. Hopefully that seller is done. :)
Picked up WTWO .0023-.0025 starter.
242M O/S is low for a penny stock; for a subber....well. eom
In with a starter at .0023, .0024, .0025 eom
$4.91 entry. See how it goes.
O/S around 242M; chart it. .0034 break and this makes a nice move.(10 day MA) eom
PRMW might be one to watch.
Level II is messed up at Ameritrade on pinks and otcbb, so....but, the MM's will need to cover here soon.
JMHO
I have been waiting for that gap to fill on chart.(End of May)
Gaps to fill on chart and yesterday is one of them.
G/L
Break .0034, .004's are next. 10 day MA is .0034 eom
UNGS 10 day MA .0034, 20 day MA .0042, 50 day MA .0044, 100 day MA .0061 eom
Starter in RNRG Approx 75M O/S, miner, and mkt. cap of $250k. Cheap IMHO. Looking to add. eom
Called GSS on twitter in the $1.80's yesterday; hit $2.48 high today. :)
HDY hit $4.31 :) eom
Picked up a few today. Mkt cap less than 250k.
I've added a couple times here today. eom
Pretty quiet company.
Definitely. Traders dream on these swings.
UNGS .0035 700k market cap w/ over 30 gas or oil wells combined. O/S 242M for a subber. eom
HDY $3.55 HOD eom
It's getting ready to make a nice move. eom
Filled HDY PM at 3.17
Filled Buy 1000 HDY Limit 3.17 -- -- 08:11:22 08/09/11
Picked up another 100k of UNGS at .003 eom
Nice call.