Outtake; "The incident spooked investors and led to criticism of high-speed trading firms, who have been estimated to account for as much as 70 percent of all trades conducted on US stock markets."
Little discussed fact is that Investors own more than 80% of all stock, so where does the 70% trade total come from?
Naked Shorts, non real inventory poseing as real inventory, whose function is churn of investor capital.
The markets float is a relative constant, our friends have a pass go card to ignore that fact.
the agency will do nothing, the speed of trade of unlocated inventory is what it is....its the lack of trading from investor accounts, which has these folks befuddled, we see the short covering today, and probably for weeks, even the bear etfs are on the sho list, cant fulfill thier charters if they cant secure the product.
Decade low for number of floats in the market, volume on a daily basis is running at where it was when near 5,000 floats were in play.... 2005, 2004
lets see....as an investor it might be best to focus on adding up the sum totals, versus focusing on the speed of what doesnt add up. |
