Any Booms that I missed?
Dan was posting late when I went to bed, did stuff happen over night?
The thing I never saw here yesterday was about the train fire on a bridge near a college in Arizona.
profiteering off of insider information is not something that would benefit ones social status in the eyes of those who would know of such profiteering.
One must remain vigilent and not give into those 'guys, it was so stupid.' moments that make people say stuff like 'you are all going to hate me'. or 'No, it was bad.'
I read some things in brief about the stock bumb. The writers pointed out how the tip came through a site . . . and all those people jumped in and put the stock on their 'list'.
someone made some money
a lot of people paid far too much for stock that does not pay dividends.
however, the original price of it when it came out of bankruptcy was not too far off from where it is now. So what we see is that some institutional investors are given a bump.
the chances that pepole knew about this previously to it being annouced are well known. We even saw someone say 'oh, the president mentions Kodak so wonder how badly the liberals will destroy them. Watch for their stock to fall' I thought 'huh, what's that about'. If you'd read various twitter feeds, you might have gotten a hint, or press releases.
but then as soon as the market closed (because the market was closed) you couldhave put in a buy order but would it have been met ?
probably not. Do they let you place the order in and fill it before markets are open?
To me it seems what this demonstrates is a need for a new kind of rule about stocks that 'run up' unexpectedly. I would call it a 'run-up' rule. And It woud be a simple rule.
for stocks that have such a run up all transactions in that stock would be aggrigated and averaged to disallow anyone from making a boondoggle profit at the expense of others.
and those who 'buy and sell' all on the same day would have their trades removed from the equation. but those details are just a guess on what would work.
basically the run up rule would kick in when something similar happens to some other stock.
and the an Audit would be done on all transactions, and news and chatter concerning that stock and that company.
ya, I knjow, it might involve eavesdropping, but the system suffers when scammers profiteer.
anon, strength.
you don't need to call the lightning to them.
let it go.
I tell you this because I felt that way earlier in the week. I realized that we are dealing with demon minded idjits who try to train us to want stuff like 'lightning coming down on them' and to make us feel hatred and despair.
but then prayed a while, got some sleep. It all seems better.
these people are their own punishment.
they think that their small knowledge of psychology makes them expert 'information warriors'.
and all they have left is idgit shilling.