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LOL – APC $39.11 to $100,000 per share in one trade

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posted on Jul, 6 2010 @ 11:14 AM
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Zero Hedge reports on our casino markets:


Talk about Tim Geithner’s forced squeeze wet dream. APC price graudally rises from $39.11 to $100,000 per share in one trade. Congratulations to the value buyer who paid $20 million for shares worth under $8,000. This broken market is just getting ridiculous.






posted on Jul, 6 2010 @ 11:30 AM
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I love that people still believe in the stock market and ignore that fact that it is 3rd world slave trading at the end of the day.

labor rates impact profits, which set the stock value to the shareholder, which is comprised by the board of directors.



posted on Jul, 6 2010 @ 11:50 AM
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reply to post by zroth
 


The third world has been improved by free markets.

It is the absence of free markets that causes impoverishment.

America is about to find out just how that impoverishment from a lack of free markets comes about.

The notion that America has free markets is utterly ridiculous when we see casino games being played like they are above.

It's also ridiculous to claim we have free markets when we have legal tender laws and central banks that manipulate interest rates and the money supply.

A free market requires free market currency and market set interest rates.


[edit on 6-7-2010 by mnemeth1]



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