Posted on 05/06/2010 3:57:08 PM PDT by Rational Thought
Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. greater or less than 60 percent away from the consolidated last print in that security at 2:40 p.m or immediately prior.
Nasdaq said the stocks affected and break points will be disseminated soon.
Time for the Obama Administration to take over the Stock Markets! (sarcasm of course)
Yep! Their going to straighten those sucker numbers out ovenight!
How can they do this¿
“Pay no attention to that man behind the curtain!!”
Does cooking the books in public view make it somehow okay??
I’d like to cancel a few things myself.
It's in the fine print, and they've done it before.
Holy Schmoly. Kaboom goes the Euro debt bomb!
This is more troubling that the whipsawed market.
It looks as if someone was informed this wasn’t fair.
I smell the stench of Il Douche’ Jr. wafting over Wall Street.
Anyone who thinks investing with these jackals is safe or wise after this, deserves the fleecing they will get.
Wall Street gets a mulligan when they make a mistake? What do private investors get?
Oh, yeah: THE BAG.
It’s perfectly clear that stocks and investments are now a rigged con game, and unless you have access to the big boy circles where they all insider trade, you are Barnum’s sucker.
Tear it all down. It’s beyond fixing.
Strangely enough, what passes for reasoned sarcasm for us, also passes for reasoned logic for Il Douche’ Jr. and his regime.
Seriously?
That would mean chaos (I can only imagine what settlement would be like), and especially chaos for the folks trying to execute strategies like delta hedging.
CNBC is now reporting that the NYSE will also be canceling trades.
Seems like that would cause havoc. When people sell or buy stock, they don’t want the exchange coming in and refusing to honor the trade.
Now what?
: (
"turn those machines back on!"
Ping
unless you are a Harvard man, or Ivy League man, forget you bub! This Ivy League /Harvard crap has got to be stopped...ASAP. That's right, you heard me right.
Oh Mortimer.....
I suspect that some signs of market manipulation have been found, possibly in major violation of SEC rules. Manipulation with possible motive to harm the markets and even the economy. How far does the rabbit hole go?
Man, this is terrible IMO.
Now anytime he wants, Obama has a lackey pick up the cell phone and disrupt our markets on a whim.
This guy has got to go.
“Hey the market went down 500 points today. Well, that’s just not fair. We’ll be resetting the market to yesterdays opening status.”
We’re “the Regime”, and we’re here to help.
Who owns what ... I don’t know’s on third.
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