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slugo1

12/07/12 11:50 AM

#18105 RE: cjstocksup #18101

I think your wright its about to run green
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acorisk

12/07/12 11:55 AM

#18109 RE: cjstocksup #18101

In my opinion, etrade (ETRF) and ATDF rerpresent real shares - that can't have a delivery failure, as they wouldn't be sold if they didn't exist.

Further, ETrade is not a "he" or a single person - but rather a collection of distributed decisions and distributed benefit(as compared to hedge fund or other single entity market makers - where there is a singular decision and single point of all the benefit accruing).

So, IMO the trading dimension of AMBS could be normalized if there were a way to coordinate the ETRF and ATDF activity aimed with an emphasis on value (which is the only way those groups can ultimately win) vs relying on a strategy that involves the ability to failure to deliver shares sold.