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Re: Chinese Stock Collapses 98% in Hours After MSCI Flip-Flops: How Index Providers Saddle US Pension Funds with Stock Scams

By: capt_nemo in POPE 5 | Recommend this post (0)
Tue, 26 Nov 19 4:36 AM | 21 view(s)
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Msg. 45409 of 62138
(This msg. is a reply to 45407 by Decomposed)

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What does AtrGo do??? I took a quick look and couldn't find my answer. LOL


This was an interesting read on it. Sounds like insider trading since it started.....

http://ftalphaville.ft.com/2019/11/21/1574349798000/ArtGo-loses-its-marbles/

The run was curious not just because ArtGo’s economics did not discernibly improve of late, but because of exactly when excited punters decided to buy the stock.

As a friend of Alphaville pointed out to us today, investors seemingly favoured buying in an hour-long window between 3pm and 4pm every trading day.

So Alphaville decided to run a little experiment. What would your returns have been in the 120 trading days up to November 12 if you’d simply bought a share at 3pm, and sold it 50 minutes later? Before repeating the trick with your accumulated gains the next day, and the next, and the next.

As it turns out -- you’d have done pretty well, making exactly 218 per cent.




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
Re: Chinese Stock Collapses 98% in Hours After MSCI Flip-Flops: How Index Providers Saddle US Pension Funds with Stock Scams
By: Decomposed
in POPE 5
Tue, 26 Nov 19 4:30 AM
Msg. 45407 of 62138

Interesting. MSCI said it would add ArtGo to its stock index on November 6th, but withdrew from that decision yesterday. Okay. So why did ArtGo drop all the way back to where it was in January???

Hey Nemo, maybe now it's a BUY!!



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