CDU 0.00% 23.5¢ cudeco limited

cdu likelyup soon in senate inquiry into asic, page-30

  1. 4,289 Posts.
    But wait Max theres more….FANTASTIC NEWS…going for the big boys!!!!!
    This article in todays Bloomberg…..these guys would not be suing if that activity was not illegal…Now they would be talking MEGA BUCKS!!!>>>. staunch supporters of this mongrel practice like you know who and the rest of CDU's HFT / shorters could be next in the firing / suing line.
    Time to get nervous boys…like really nervous….imho

    "BofA, NYSE, Brokerages Sued in High-Frequency Trading Case
    By Bob Van Voris Apr 19, 2014 7:53 AM ET
    Bank of America Corp., the New York Stock Exchange and Virtu Financial Inc. are among the dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island.

    The city sued today in Manhattan federal court, claiming the defendants rigged the securities markets to divert billions of dollars each year from the buyers and sellers of shares to themselves.

    Scrutiny of high-frequency trading and whether it gives some investors unfair advantage intensified this year amid government probes and the March 31 publication of “Flash Boys” by Michael Lewis……"

    IMHO CDU's manipulation…plus lots of other stocks being ripped by these low life's ….now it sure looks like illegally!!!!…. could finally be coming to an end…..imho. Keeping in mind those same dudes are operating in Australia as well….I just hope the penalties meted out in the USA are also at the very least mirrored here in Australia…..and what fantastic timing….."The Senate Enquiry" is happening as we speak…….more ammo for you Max and Nev and all the other CDU holders who made submissions….when and if called up.
 
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