The Bottom Card of the House of Cards

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Davos's picture
Davos
Status: Diamond Member (Offline)
Joined: Sep 17 2008
Posts: 3620
The Bottom Card of the House of Cards

Oh yeah. 20% of all volume. Just wait until CRE and the Alt A's and Option Arms and the 8 million homes that received a NOD and are 90+ late wash to shore and Citi flat lines. Bah bye volume.

Citi Accounts For 20% Of Total Market Volume

One stock, a company which is effectively bankrupt absent the government's support and the FASB's suspension of Rule 157, now accounts for 20% of total market volume. At last check, Citigroup had traded 1.6 billion shares, one fifth of total market volume.

 

goes211's picture
goes211
Status: Diamond Member (Offline)
Joined: Aug 18 2008
Posts: 1114
Re: The Bottom Card of the House of Cards

Davos,

What is with the new pic?   Did you buy an island somewhere and if so, can we join you?

Davos's picture
Davos
Status: Diamond Member (Offline)
Joined: Sep 17 2008
Posts: 3620
Re: The Bottom Card of the House of Cards
goes211 wrote:

Davos,

What is with the new pic?   Did you buy an island somewhere and if so, can we join you?

LOL, I have been keeping my eyes open for one. No, one of my FB friends said the avatar was better and I should put it up here, so I did. It is my friends place in Block Island that we go to all the time. 

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