Tuesday, April 16, 2013

Venture Exchange Plummeting Updated

A quick look around show the fear growing. In addition to all the self inflicted wounds you now have the out of tune packing it in for the proverbial go away in May. As mentioned before, this started one and a half months early due to people like me saying run, run for your lives. Obviously, I was not the only one saying this down trend was going to continue.

Here's WRN:

See any sign of the smack down stopping? All the work they did was for nothing. The de-risking the planning, all of it. In fact, they will be worth less than when they started. For those of you who continue to hold I say hang in there. Just because the market says your broke does not mean those shares are worth nothing. For that to happen you'd literally have to go to zero. Should the regulators allow the Naked Shorting and HFT people to drive it to zero they would probably face criminal charges eventually. So you should have retained value in the form of production and profits. Yes, this will take a long time to get but when the ship comes in it will be worth it.

Here's what the regulators say about HFT:
Also, please note the existence of High Frequency Trading (HFT) [a subset of Algorithmic Trading]. HFT attempts to profit by exploiting market liquidity imbalances or short-term pricing inefficiencies. In as much, HFT is not a strategy onto itself rather a means of implementation and execution of a particular trading strategy on one (or several) electronic trading platforms and is characterized by higher trading volumes (hence smaller board lots), shorter holding periods, and smaller profits at the increment.

In plain English: The traders use faster computers than the exchanges and can front run them before they can react to changes in price between two exchanges. We claim that the exchanges will buy faster computers and beat them. We don't tell you that this is equivalent to an arms race where the traders have a lopsided advantage and the exchanges will never catch up. We were behind the implementation of the rules that permitted this and we sit on our hands and do nothing because we saw how much money they could steal and expect a share when we are out of office.

That should be how they define inefficiencies. There's no way the exchanges can get faster equipment on a daily basis but the traders can. They knew full well this was the case. In short they are the reason this has happened and billions have been stolen with their help.

Here's another one:

 Would you believe this is a gold producer who is about to expand their resource, production and improve their IRR which currently stand around 14%? IIROC would have you believe this is good for business and Fair!!

Don't believe me then ask for yourself. While your at it send this link and ask what they did about it and how this was done (using HFTs?): http://www.barkerminerals.com/s/NewsReleases.asp?ReportID=567797&_Type=Company-News&_Title=Barker-Minerals-Ltd.-Reports-Dr.-Susanne-Trimbaths-STP-Advisory-Services-LL... See below for their contact info.

Toady, Equidia chimes in:

"Fear and Bull Markets: Not a Good Combination

I called for the S&P to rise past 1500 last year based on fundamentals (mainly cost cutting and increasing margins) combined with the Fed's ability to artificially inflate asset prices. But the market is now at record levels - all in the midst of a struggling global economy.
The markets don't always reflect the health of the economy, but it has historically given us a look into a future that is often 6-12 months forward. However, if the future doesn't look as bright, the market can turn very quickly in order to establish that crystal ball. And the ball may no longer be as clear as history once taught us.  
A Robots Game 

The collective wisdom of investors that used to help gauge the sentiment of the economy based on expectations built into stock prices is no longer accurate.

Thanks to the power of manipulation.

Manipulation comes in many forms: it comes from the media's ability to brainwash (people really do believe everything they see on TV); High Frequency Trading (HFT); Algorithmic Trading software; and government intervention in the open market. Their combination of can easily send markets to new highs without reason.
Examples of manipulation are evident every day. 

Earlier in the week, both the S&P and the Dow were clearly breaking lower. But in the next day of trading, the software programs were ignited and the markets moved higher on very little support and volume, showing us that it's not the retail market moving stocks up.  

I can also tell you that there is something fishy going on in the Canadian markets, whereby stocks are forced downward by at least one of the major Canadian banks. It is blatantly manipulative and I will be working hard to uncover this story in the future."

If you have any further concerns, please do not hesitate to contact us at any time.
Harry Apostolatos
Sr. Complaints & Inquiries Specialist
Investment Industry Regulatory Organization of Canada
121 King St. W., Ste. 2000, Toronto, Ontario M5H 3T9
Phone: 416-646-7299 | Toll-free: 1-877-442-4322 – Option “2” | Fax: 416-364-6849
IIROC: Protecting Investors and Fostering Fair and Efficient Capital Markets across Canada.
What a joke. I'm not sure how he fits his nose in his office. He must have the window open.

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