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Re: out in the shop listening to news radio, and they are talking about algorithms and HFTing 

By: micro1 in POPE IV | Recommend this post (2)
Wed, 12 Oct 16 5:51 AM | 54 view(s)
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Msg. 12031 of 47202
(This msg. is a reply to 12027 by Zimbler0)

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Im hearing more and more horror stories of dividend paying stocks, canceling the divvies.


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The above is a reply to the following message:
Re: out in the shop listening to news radio, and they are talking about algorithms and HFTing
By: Zimbler0
in POPE IV
Wed, 12 Oct 16 5:09 AM
Msg. 12027 of 47202

>>
73% of all stock trades are by algos........... They seek the bid and ask, WHICH IS ILLEGAL, then by the bid and sell the ask. Millions of times a minute for .01.................. thaT ADDS UP AND WE ARE ALL SCREWED By this...............
>>


Nope.
Make a minimum of purchases. Hold and enjoy the
dividend checks. Ignore what the algos are doing.
Enjoy the profits.
Zim.


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