What happened to RCG? They have lost almost 300 million in just 2 months

Discussion in 'Retail Brokers' started by Ares, Aug 23, 2011.

  1. bone

    bone

    X 2, Agree Completely.
     
    #11     Aug 23, 2011
  2. Ares

    Ares

    Taking a hit on june 30? (SPX at 1340)
    Just curious to see the next report

    Anyway RCG has never seen a negative "fluctuation" like this in his history
     
    #12     Aug 23, 2011
  3. bone

    bone

    It actually has absolutely NOTHING to do with Rosenthal Collins Group. It has to do with hedge funds and CTA's getting redemption notices from clients. Get a fucking clue, please. You are building a mountain out of a mole-hill, and IMO you are smearing a great firm with solid financials and good management.
     
    #13     Aug 23, 2011
  4. Lornz

    Lornz

    I was attempting to make a joke.. I still have an account with them, although they're not my primary broker.

    Frankly, I don't share the OPs concern... Nothing to worry about!
     
    #14     Aug 24, 2011
  5. Humpy

    Humpy

    Don't put ALL your eggs in one basket is a very true statement.

    P.S. there used to be a RCG girl posting pretty pics on here. No connection prolly tho.
     
    #15     Aug 24, 2011