I have my lvl2 from TDA. The little blue button on the charts (nasdaq total view) I configure by price.
Printable View
Beach Gambler, have you heard of Murphys' Law LOL!!!
Any suggestions for viewing Level II quotes FREE? I've been using "level2stockquotes.com" but are there other sites that offer more information?
If Sirius if out on the Iphone then why are then not advertising it? I have not seen or heard anything on it except what I have read here.
SEC to Investigate Motley Fool CAPS
Just like any other Tuesday night after work, I was having a little sushi and a lot of sake. And then the call came. It was Larry Graftman, Chief Legal Counsel at The Motley Fool. “You’re not going to believe this Jake, but I just got off the phone with the SEC,” he said. “You what??!!,” I screamed, giving off a white spittle spray like rice thrown impulsively at a wedding.
What he told me next, I still can’t hardly believe, although the cold hard reality started to set in after a few more sakes. And, as it will require us to make some changes to CAPS, I thought it best to let all of you in on what I hope will be a temporary (as in nasty,brutish and short) investigation by the SEC.
We'll provide a link to the investigation details once they are posted on the SEC site, but, according to Graftman, we have been served with “Litigation Release No. 090401, Securities and Exchange Commission vs. Motley Fool CAPS.”
Apparently a complaint was filed, which has led to an investigation into the following:
* The allegation that CAPS blogs have contributed to the loss of confidence in the credit markets.
* Claims that CAPS Stock Ratings and Blogs have exacerbated the subprime crisis by expressly exposing fraud without making “adequate conditional exemptions” to distinguish between “criminal negligence” and “gross incompetence.”
* Concerns over whether or not CAPS underperform sector calls and banking accuracy on underperforms are tantamount to spreading rumors designed to drive down the price of a stock.
***Naturally, The Motley Fool strenuously maintains that CAPS is designed for the sole purpose of giving investors more transparent, timely and useful information.***
Without admitting to the allegations contained within the complaint, we are agreeing to the SEC’s proposed Emergency Order, which will require the following changes:
* We will temporarily ban all underperform picks on Motley Fool CAPS as of noon today.
* We will fully cooperate and assist the SEC in their analysis of sweeping measures to combat blogs that misinform, abuse, and impoverish rather than educate, amuse and enrich.
* At the end of an initial 24 hour “discovery phase,” the SEC will determine whether the above measures provide adequate protections to the financial markets for the duration of the ongoing investigation. If not, we will suspend the operation of CAPS until this matter is resolved.
As always, thank you for helping to make CAPS just a little smarter—please continue to do so over the next 24 hours, and I hope a lot longer.
As I am a named defendant in the complaints, this may be my last blog on CAPS.
Fool On!
Thanks for the news!
See you at the $1.00 Bash!!!!!
Looks like the complaints are now being addressed. Only took how many years?
morning guys, wanted to say thanks for all the insight yesterday......i ended up going through all the certs my grandpa had and found that most of them had splits, some multiple splits, he has certificates back from 1973 lol......but anyways he wasn't aware he had about 150k more in shares from the splits!!!
i may get a good christmas present this year rofl!
low volume today......hoping to see this as a good sign, i want to buy in some more may get rid of some of the NVDA stock to double up on my position in SIRI........although tech stocks are up big, i think short term gains on SIRI will be much greater
i see a flat day today......ending hopefully in the .34-.35 range at least, enough of the .32's
well i guess all of our emails to the sec worked :)
this is really good news to me, bout time the sec started holding these crooked journalists accountable. Maybe they will stop speculating in their reports and just stick with the facts.
damn greg, ****ingn hate aspril fools!@!!!
screw u brandon if u are in on that 1.
Sorry, trips.
We must keep our guard up all day long.
How do you download the app. I am looking everywhere on my iphone app via search and its not coming up at all. Is this April fools or real.
They posted it to google news. No way they would have done that if it were a joke.
http://www.google.com/search?q=SEC+t...ient=firefox-a
And Google has announced the new "Autopilot" app which automatically replies to your emails based on your tone, grammar, etc. used in previous emails by you.
http://mail.google.com/mail/help/autopilot/index.html
Google is not above and beyond the April Fool's fray, either.
If neither are, in fact, jokes...then I will be surprised. A lot.
Too Bad it's April Fools THE LR numbers for the SEC are the 20900 series, and they don't skip!!
Although!
I found on the SEC web site an interesting desctiption of manipulation: http://www.sec.gov/litigation/litrel...09/lr20922.htm
IF Level two outlines who the trading parties are, a complaint could then be filed with the SEC regarding their practices. I would recommend reading the link to see what has been discovered by the SEC for this particular instance. The actions we see in Volume and Timing is eeirly similar to the events described in the above litigation. The SEC does have an Investor Complaint form: https://tts.sec.gov/acts-ics/do/complaint
I encourage the documentation of dates, times and parties involved in the systematic suppression of free trade of Siri stock.