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Today's Flash Smash visualization in the stock of Enstar is brought to you by Nanex: from $102 to $0.01 in just under a second

By: capt_nemo in WRGO | Recommend this post (0)
Fri, 13 May 11 6:43 PM | 19 view(s)
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http://www.zerohedge.com/article/102-001-under-one-second?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Today's Flash Smash visualization in the stock of Enstar is brought to you by Nanex: from $102 to $0.01 in just under a second. But fear not: William O'Brien, the CEO of Direct Edge, made infamous by Zero Hedge through the whole Flash trading frontrunning scandal, says "the most egregious aspects of the Flash Crash, such as a stock trading at $39 and then going to 1 penny and back up to $38 in a matter of minutes, can't happen again with the progress made the last year". Behold progress...




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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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