Anavex Life Sciences Corp (AVXL)

[kevindenver]

We debate many things here, so it's always nice to see agreement and consensus on a topic.

I sound like a cantankerous old man, but the back office plumbing of the equity markets needs reform particularly when there are only a few market centers that control the vast majority trade executions, and both them AND the DTCC both resist such reforms. There is legal crookery afoot.

I personally enforced the REGSHO report back in the olden days and it was adequate to solve retail level failures to deliver, but for the crooks of the industry to claim there are adequate controls that is complete BS and everyone knows it.

In the meantime, as I say often, embrace the volatility and trade like the crooks do.

I swear everything went wonky in equity markets as "payment for order flow" took over as the industry model. I'm so glad I retired early from that crap to become my dad's dementia caregiver.