Woops, sorry my mistake, I was low at 890K, it was a NINE HUNDRED AND TWENTY FIVE THOUSAND DOLLAR FINE against Refco.
buy and sell rfxcq as often as you can. it has been ranging and offer from 20-40 cents on most days.. it is a slow way to get back to even but there is still good volume on 10-20k shares w
it now seems that Man one of the bidders is now in trouble and has stated that the SEC has launched an infomal inquiry into its business of the collaspe of a fund? I still find it strange that the halt that was suppose to be for x no. of days was lifted and the stock rehalted during the rally. The rally was not even enough to get orders busted? very strange - w
Apex Capital...... I assume you think RefcoFX account holders, like me, will be getting our money back? And maybe our accounts transferred to FXCM intact?
I noticed that you had made 30-40 posts...all on Refco threads. If you were truly looking for "trading ideas" my suggestion to you would be to go to one of the many threads that talk about stocks or indexes. I think it's clear you won't be getting a stock idea from Rockford, or from any of the Refco threads. Rockford: I think you've outdone yourself with this particular post. First, you advise a guy who "says" he is interested in "trading ideas" to "complain to Baron". LOL. With all due deference to Baron, my guess is complaining to him is not going to make donaq7 a dime. Next, you claim I am "overwheming the thread with off-topic personal attacks". Just so that you know, this thread is now 40+ pages. I have been posting the last 10 pages. In the last 10 pages I have made 5 posts, this will be my 6th. YOU on the other hand have made 12 posts in the last 10 pages. I wouldn't say my 5 posts are overwhelming at all...especially in comparison with your 12, always wordy and lengthy, posts. Then you accuse me of "personal attacks". LOL. What a riot you are! Let me repeat a few of your choice comments about me in the last few pages: "slow on the uptake", "suprisingly ignorant", "hypocrite", "acting like a moron", "50 years rotting my brain with TV cop shows". This is only a few of your comments Rockford. Now here's the question for you: Would you call any of YOUR comments "personal attacks"? But what I really love is your statement:"You should ask Baron to protect this thread from off-topic personal attacks." In other words, you define "off-topic personal attacks" as something said by Apex or OldTrader, then ask someone else to contact Baron to "protect" you from our comments. LOL. By "protect" I presume you mean "delete". Why not come out and state what you really want Rockford? You want Baron to delete any statement which questions some of your more dubious, inaccurate comments. I doubt if Baron is going to feel that bringing forward some of your more inaccurate and emotional statements as "off-topic". And I would doubt that Baron is going to think that allowing you to make some of these inaccurate statements that you make, unquestioned, is a good idea for this site. Either way Rockford, I'm waiting along with all the others for your comments on the topics brought forward by thewoodcutter and others. OldTrader
moving on... anybody heard anything 'concrete' abt refco's solvency situation to date? i may have missed a few trains here but, assumptions aside, cld s.o. help recap what we really know at this juncture, i.e. is it established that there is in fact a big black hole sitting on one of refco's entities b/s or off b/s, and if yes, what sort of scale?
The both of you should go scroll through Dow Jones headlines today to see what an attorney for one of the bidders said about Refco LLC around lunchtime. I think it would answer many of your comments and counter-comments.
Refco creditors seek investigation Group asks bankruptcy to OK probe into whether execs mismanaged firm Updated: 11:16 a.m. ET Nov. 4, 2005 Refco Inc. and 23 affiliates filed for Chapter 11 Oct. 17, after the firm discovered Bennett had a $430 million debt to the company. Refco LLC, the company's regulated futures brokerage unit, wasn't part of the bankruptcy filing and is being auctioned off next week. Bids for Refco's regulated commodities and futures arm are due Friday. The highest known bid is from Refco competitor Interactive Brokers Group LLC, which has offered $858 million. Can someone explain this to me.....Refco LLC was NOT part of the bankruptcy filing?
I'm sure that the headlines would not give any such answers to what we are discussing. We aren't discussing Refco, or any other worthwhile topic. We are, unfortunately, exchanging off-topic personal attacks, because Apex Capital and Oldtrader are overwhelming the thread with them, and are using them to filibuster and to block discussion of any worthwhile topic. I am curious to see the headlines, and since I don't get the Dow service, would you please post the article?