Wednesday, October 8, 2008

Justice in the World?

Looks like they finally got around to busting those crazy trades I was blogging about on the 19th of september. Is this all really designed to protect the investor? How did the SEC/FINRA decide that 9:37 (where the chart really starts) was the proper cutoff time to bust trades? Do the people who bought at 57 feel protected when they just saw it trade for >100?

It all seems rather arbitrary, because it is...


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