Wednesday, August 12, 2015 11:46:04 AM
They are running around drunk and naked...partying as if it is a Foregone Conclusion that the ITC rules Against the ALJ decision (and IDCC)...and that Nothing positive can/will happen until the decision is made known...
Actually, I believe it is the MMs, both on the equity side and options side...who are using their "limited time" to try to squeeze out of the hands of longs, as many shares as possible...and devalue the open interest in contracts...
Reminds me of the late summer 2007 time period where they experimented with the "lifting of the Uptick* rule"...They can only get away with it until...
they Can't any more...
Very risky for THEM, imo...
jmfo
...jk...
*stupidest thing the SEC ever did...allowed the quick destruction of equity markets in 2008-2009...they needed to Improve the Uptick Rule, not Eliminate it...(right, Hock?)
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