Anyone who does not derive the implications of this data, is bought and paid for......
everyone needs to understand that 90% of all volume is happening with shares which might be above the legal outstanding of the companies who issued them....this is just Simple. Aug 9th 2011 near 4 billion shares traded against the combined floats of 2819 companies.....yes this is derivatives, as in naked counterfeit inventory, derivatives have no legal standing in subordinating the rules governing issuance....this is the primary tool by which supply demand is disconnected, its against the interest of all investors, and needs to be elevated to a level of understanding so this game can be properly characterized for what it has become, Oligarchic Malfeasance.....
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 Apr-10. 21.....2982... 53,597,263,077.. 2,552,250,623 May-10.........2977....57,205,068,222.. 2,860,253,411* Flash Crash 5-6 4.5bil 2943companies Sept-10........2914.... Nov-10.........2941....42,183,589,365..2,008,742,351 Dec-10.........2900.... Mar 2011.......2914....40,289,690,615..2,120,510,032 May 2011 21 trade days .2881 Companies.......Totl Vol 43,314,364,851 Avg Vol PD 2,062,588,802 |