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Re: TheFirm post# 6713

Thursday, 01/11/2024 8:28:41 AM

Thursday, January 11, 2024 8:28:41 AM

Post# of 7387
The issue is the vast majority of retail understands this now as they were educated to not have margin accounts but rather cash accounts and/or set very high GTC orders. Everyone also knows stock loan and PFO are the moneymakers. Robinhood would never exist without PFO. There have been days with 9 billion FTD'S and Reg sho list appearances for months at a time but yet heavily FTD'd stocks don't rise or get bought in. We constantly get huge brokers saying: Ooops we marked all of our sales wrong and our math hasnt been right for years(thus making all FINRA reported data incorrect) And then quarterly these FTD'S can be "grandfathered" in at better prices etc. You play that loose and fast with minimal repercussions, and you get where we are today. If you leave your window wide open and have $1,000,000 sitting next to the window and all the thief will get is a slap on the wrist for only $50,000 the burglar will take that money EVERY TIME. That's what this is about...that kills companies and kills the economy and is why we are continously loosing ground on other countries while we get robbed blind.
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