Five Reasons the Market Could Crash This Fall [View article]
#1, I dont get your point. You stated the institutional investor's next price would have been $10.04 anyway. If this is the case, only thing HFTP has added is volume and a 1/2 penny to its pocket. If the trend is up and the price went up regardless, getting the HFTP out would be a good thing as both seller and buyer will have an extra 1/4 penny in their pocket.
#2 If this market rally is a Short-Squeeze, so be it. It is welcomed for the harm naked shorts have caused. The second part of "price discovery" has to happen at some time, and its called a Short-Squeeze!
Cramer's Mad Money - Is Cerberus a Hero or a Dog (12/23/08) [View article]
Cerberus is named for the mythological three-headed dog, and is certainly a dog, and it shows. Recently CNN ran a story about closing of the Mervyn's dept stores in CA, where Cerberus has played a shameful role in it. Not only that, Cerberus hired the CEO that Home Depot fired www.msnbc.msn.com/id/1.../ for poor performance. Cerberus certainly got into this mess themselves. Its a shame that tax payer money is being to bail out a shameful company like this.
Five Reasons the Market Could Crash This Fall [View article]
#2 If this market rally is a Short-Squeeze, so be it. It is welcomed for the harm naked shorts have caused. The second part of "price discovery" has to happen at some time, and its called a Short-Squeeze!
Cramer's Mad Money - Is Cerberus a Hero or a Dog (12/23/08) [View article]