Real-time stock & option trading headlines, breaking news, rumors and strategy. Nothing we post constitutes investment advice; we may have positions in markets
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We know them, we use them and we trust them.
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How to be a CFO in 2018.
IF you have extra cash:
Buyback stock
IF you have a line of credit:
Buyback stock
IF caught in a scandal:
Buyback stock
IF your product causes cancer:
Buyback stock
IF your stock is at highs/lows:
Buyback stock
IF you're a biotech:
Offer stock
This is what it looks like now when a trading firm blows up.
A screen and tower graveyard that will get picked over by the survivors in the next couple of days.
Trading is hard. Gotta fight every day for the right to continue.
(PS not me but a firm on my floor)
They Gave you Free Trading because you were a mark, a muppet, easy money
They took this information and tried to profit on it (Robinhood tracker now Reddit)
Then they front ran your orderflow on top of things
Now they want to shut you down
#WallstreetBets@wsbmod