TSXV:NORA.H - Post by User
Post by
gnawitallon Apr 16, 2013 11:18pm
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Post# 21263805
What is value? Feb.19th 2013
What is value? Feb.19th 2013 Well there it is - silvers down as I predicted -Pray tell me what does .08 of a share mean in value when the share is declining in value day after day ? Genral Kesef has it right about Goldman Sachs but his is only a part explanation -Bloomberg's commodity news is the other half of the partnership -But then checking very closely on short sales NYSE and elsewhere I suspect that GS has had a short position in ABX for quite a long time- noticeably - the short position in ABX was reduced by 20% on successive days this week-It would appear to me that one or two brokerage houses in the NYSE can do virtually as they please and there is no limit . Limits can be set by the general public -that it to force the NYSE to institute a new reportage system- that every trade done in an exchange is signalled as a professional trade ( Goldman Sachs or any other trading house ) say trade marked P as professional and the Trading house number (as the TSE does show ) or mark each trade with a C when it is a customer -and all short trades shown immediately on the ticker tape. Building a massive short position requires the borrowing of stock certificates too-who are the suppliers ?Goldman Sachs is no more clever than any other trader- what the general public needs to do is make their activities more readable much more quickly and we will find that they have much less control over the market place -In my opinion Computer algorithm Trading is Professional trading - cannot everyone see all those minimum board lots of 100 shares ? They are like an infestation making it more difficult to read REAL trades to customers -The SEC should force this process in the name of the people. At one point in time a customer buying or selling came before a professional trader - now we have examples where trading houses are actually taking advantage of their own clients either making them pay more or making them sell for less- it is a kind of a scam or quiet theft