There is not a family, retiree, or investor anywhere who has not be victimized by the oligarchic malfeasance of the below data.
In the present market, where disconnected supply and demand enables obfuscation, denying market prices to owners. Broker dealers operations have become captive to oligarchic systemic self interest. No matter that first responsibility is to the customer, without whose inventory, none of the present largesse is possible.
There is no valuation going on, accept that which favors positions sold to investors under the terms of enabling winners and losers as a function of broken dealer reputation.
Portfolio Holistic sum values are range based contrivances for systemic malfeasance.
Alternation AlgoRythms, add or subtract price, as function of containing portfolio performance under Cap and Control. Meanwhile, the assault on investor sensibilities continues unabated as Valuation is obfuscated to facilitate separation from those that own them to them that want them.
The trade complex is reduced to bought and paid for shenanigans, where broker dealers monthly payments for conducting loan accounting, is based on the abuse of owner inventory to facilitate separation denying every customer a market price..
The Nasdaq Market Float Since 1997 Mon/Yr..Trade Days..# Compy..TotlVol...AverD Vol
Jul-97. 22.....6388... 14,659,052,996.. 666,320,591 Mar-98. 21.....6143... 17,694,084,535.. 842,575,454 Jul-99. 21.....5400... 21,249,135,986.. 1,001,863,618 Jan-00. 20.....5233.…. 33,859,912,232.. 1,692,995,612 Jul-03. 22.....3671... 38,984,813,325.. 1,772,036,969 Jan-04. 20.....3560... 46,649,555,963.. 2,332,477,798 Jul-05. 20.....3441.…. 33,681,072,462.. 1,684,053,623 Apr-06. 19.....3384... 40,846,016,058.. 2,149,790,319 Jul-07. 21.....3348... 46,780,102,818.. 2,227,623,944 Jan-08. 21.....3299... 56,616,100,438.. 2,696,004,783 Nov-08. 19.....3199... 42,460,731,579.. 2,234,775,346 Jul-09. 22.....3024... 48,456,198,558.. 2,202,554,480 Mar-10. 21.....2982... 53,597,263,077.. 2,552,250,623 |