C 1-10 reverse split will take make props go out of biz

Discussion in 'Prop Firms' started by Tradeindia, Mar 21, 2011.

  1. Many prop firms rely only on C for their traders to make volume, anyone have ideas on what they will do after the split and volume is gone?
  2. The volume will move into another stock. The traders won't go away they will just adapt to a new stock. Either ALU or S imo.
  3. LOL no way man. S and ALU can't handle 1/10th of C's action.
  4. I'm actually looking forward to trading C again........laid off of it for 3 years...
  5. R.I.P. Citi, I'll miss you :p
  6. lol
  7. zigzag


    Hopefully it'll get some nice volatility like AIG did when it reverse split.
  8. Why trade such a such a thick stock?
  9. J J aapl

    J J aapl

    Guess you don't know much about HFT and rebate trading.
  10. undercapitalized firms are gonna go red on their clearing, but its not like a mass exodus the day c splits. youll probably see the aftermath within 6-8 months later once firms decide not to renew their clearing arrangements.
    #10     Apr 24, 2011