RE:RE:General comment re: Storage
Flipper,
I assume you are asking me those questions but I'm far from knowledgeable. I'm only trying to make visible what is there, like everyone else.
Nor am I the person to ask on BIR's balance sheet. Other posters on the board are far more qualified. I considered SHD to be the resident expert in that area but regrettably he has not been posting of late. Based on the comments of Ferret, Retiredcf, the testy Notwrong and many others, who offer actual industry experience, accounting and investing background, I'm satisfied with the company, the management and Schulich's plan. My own analysis of BIR’s ranking with its peers seems OK, but that’s no guarantee of success, it’s just my take on things.
Do I think the stock is being manipulated? No.
Do I believe in conspiracies? NO. I just keep digging for a more plausible reason and often it turns out to be the case. But when BIR is going south it sure feels like a conspiracy. Just kidding.
Should “market makers” be able to front run trades? No.
Should multiple exchanges be allowed to mismatch trades due to the timing of orders arriving at those exchanges so as to create the illusion of liquidity? No.
Should “market makers” be allowed to always be at the front of the order queue? NO.
Should naked short selling be allowed? NO
Are there counter arguments supporting these practices? Yes.
Will we ever be satisfied with the way markets function? No.
Are markets reasonably efficient? I suppose so.