These are stocks, not T-bills.
You guys have so much faith in equities thinking that they're supposed to always go up. It takes an EMLX hoax to smack so-called investors on the side of their heads to realize that stocks are risky assets.
"CNBC is always good at educating investors. Wish, they invite the Market Makers for EMLX and ask them to explain the gap."
CNBC is good at educating investors? Bwahahahahhaahaa. Corporate Loudmouth Infomercial Television(CLIT) proudly brought you repeated DSLN hype sprinkled with buyout BS. How about bringing in the execs at momo flavors of the day such as CALY and ASTM so they could pump it? And do we still remember that so-called wireless stock, ADSP? And I don't even want to get started on pump & dump ringleader Joe Kernan, because I would probably get suspended with the words I would use.
As for the gap up, you have an imbalance of idiotic market buy orders for those who thought they could get in cheap at the re-open failing to realize they were buying the MM top. Put in limits or face the consequences of bad market fills.
And while I'm ranting, for those who feel like all those trades before the halt should be canceled, dream on. Its not going to happen, hardly anyone knew what was going on, thus the severe drop, it was voluntary trading, no one put a gun to your head and forced you to use a stop or panic sell your EMLX position. Your fault. All part of the risks and rewards in trading. And by the way, the trades on the day of the PAIR hoax were not canceled. ASTM pre-market trades weren't canceled after that hoax. I don't remember any trades being canceled due to a hoax in recent history. I guess the ASTM and PAIR hoaxes weren't as bad since the stock went up as a result instead of going down, right? What a joke. Sorry to flame like this but some of these thread messages are a complete farce. |
