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Re: MustBeFree post# 32602

Wednesday, 01/28/2009 12:30:01 AM

Wednesday, January 28, 2009 12:30:01 AM

Post# of 346050
The SEC is a joke. The stock market is rigged. Like you said, you have to know how the stock market operates and if you are savvy and disciplined enough, you can make money provided that you don't step on a mine put there to take you out by some crooked trader who is better armed than you.

Give my your opinion of this: the buy volume is disclosed real time while the short volume which almost always comes from the big players like hedge funds, PIPE dealers, and other similar shady entities, is disclosed every month or quarter. Then you have retail investors like jazzbeerman who update the short interest. By that time, it's useless. So, the shorters are allowed to short at will without alerting the retail investors that they are doing so. They can see your cards and you can't see theirs. This is the way the SEC was told to do it and they are obliging. How do you know you are not buying when some crooked or shady players is shorting with the added advantage of knowing things that you don't know?

Nobody ever says that not disclosing the short interest real time is major cheating. Every body accepts it as being part of investing in the stock market.

At least, our little company is being smarter than Martha Stewart when they can allow others to trade on insiders information without anybody ending up in jail, if that is what's going on here.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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