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Outlaw

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Outlaw

Re: None

Wednesday, 06/26/2013 12:03:18 PM

Wednesday, June 26, 2013 12:03:18 PM

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What can I say!

SCHNEIDER: Of all the numbers that we've reported here, there is one that everyone can agree on - the number one. Using the most conservative estimate, about one percent of all trades in U.S. exchanges will fail on days the market is open. State security regulators say that's one percent too much. They want the SEC and brokers and stock exchanges to take the necessary steps to ensure a 100 percent success rate.

Finally, based on data from the SEC, in the half-hour it took to watch this program on a typical trading day, about four million shares failed to deliver.



http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aEOpTqmLZB7A

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Only when the tide goes out do you discover who has been swimming naked! W

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