Great post! Question? What can we do as small investors to squeeze these guys even more, do we buy / hold / or sell? I don't fully understand the new rules and want to do the right thing, (for us anyway).
Hey Fred, interesting post, I definitely would like to believe that something is going to finally happen in our favor. I am curious to your opinion on how long this will take to start seeing some action.
Knight has a huge short on CMKX, and decided one way out was to sell their derivatives division (shorting division) to Citigroup, Citigroup cut a deal with CMKX at the meeting in Saskatch to help them out of a jam with their huge short that Knight created.
Doesn't he even know what derivatives are? And how exactly did he hallucinate the presence of Citigroup representatives on the fishing trip?