Ted, <Without that assurance, investors might as well go to Vegas instead of Wall Street.>
At least Vegas doesn't have to cook the books in order to convince gamblers to "invest" in card games, dice, and one-armed bandits. ;-)
Tenchusatsu, after this AM, I thought I would have to tar my broker with the same brush. Early today, I put in a trade for AES that did not fill but I kept watching the stock because I was expecting it to make a big move up. Finally, after going back and forth between $4.15 and $4.30, AES started to make its move. At that point, I went into my broker's website to revise my order when the website crashed. I called their automated phone system and it went down too. Tried to get a representative but was put on hold and then disconnected. Clearly, my broker was experiencing a melt down of its systems. This went on for the next 30 minutes while the stock moved up from $4.20 to $4.85...a major move in this market.
Finally, I got thru to a rep. only to be told there was nothing he could do........so I went to his supervisor who tried to tell me it was my fault. After much discussion, he finally saw it my way but for while there I saw myself writing a letter to the SEC. Its amazing what people will try to get by.......no wonder we have the ENEs and TYCs. At least in Vegas, you have fun while they rip you off. ;~))
ted |