Seeking Alpha
  • Native Texan
    AAL: Pull up an intraday chart and I'll show you how Banksters can manipulate & screw retail folks. Between 3:48 - 3:52 pm today, ...
    10/5/11
    Reply (13)
    • Native Texan: a bankster decided to drive the market down in order to buy it back up. Avg per/min volume = 30k. They sold at least 778k, triggering stops
      10/5/11
    • Native Texan: which wiped out another 1.5 mil plus shares. Between 4:00 - 4:03, they bought their shares back in AH, 1 lot of 551,191 & another of 227,273
      10/5/11
    • Native Texan: . I presume this is legal but ... but this is the kind of shit that makes American Dad despise the bastards and turns us against them.
      10/5/11
    • Native Texan: I got out unscathed and with a nice profit but what about the poor bastards that didn't? Shameful and f'ing wrong. This IS legal, right?
      10/5/11
    • Hillbilly Stock Star: They play funny games with airline stocks, if every seat is full and you are still losing money you are doing something wrong, LOL!
      10/5/11
    • 1980XLS: Sell, seats below cost, make it up on volume, LOL
      10/5/11
    • Bill L.: Native, it's a zero sum game. If you're making it, someone is losing it. And I can tell you from personal experience that if you visit the
      10/5/11
    • Bill L.: propdesk at a hedgefund, then visit it 6 months later, 90% of the faces will be different, because they all got fired for poor performance.
      10/5/11
    • Bill L.: So it's not like they're all geniuses that have a magic formula that just screws retail investors all day long. Just focus on developing
      10/5/11
    • Bill L.: your own skills and method, and you'll be fine in the long run.
      10/5/11
    • Native Texan: Thanks, Bill -- Just ticks me off when I see blatant manipulation causing a "flash crash" like this just so they can buy it back up.
      10/5/11
    • Hillbilly Stock Star: They work together to gangbang certain positions for fun and profit, LOL!
      10/5/11
    • 1980XLS: Yes, Profit is Fun, LOL
      10/5/11