Parisian Family Office, CEO. Began Wall Street 1982. Drexel Burnham alum. Founded investment firm, Native American Advisors, '95. White Earth Chippewa, raised on many reservations. Conservative. NYSE/FINRA arb. Pureblood, clot-shot free. Trading in a world on a social media dopamine binge, from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, will always be, an optimist. Play by my own rules.

Wednesday, December 07, 2005

New York Stock Exchange

The media frenzy surrounding the merger of the Archipelago Exchange and the NYSE is rather humorous. Where is Elliot Spitzer these days? The move in seat prices over the last 11 months from around the $970,000 mark to $4,000,000 is one of the best moves in the stock market this year. Has anyone figured out the "self-dealing" to run prices higher. There are entities who own 5, 10, 25, over 40 seats who have been buying more to run the price up going into the merger. Anyone figure out who was doing the selling?

Uninformed seat-holders maybe? Nawwwwww. Not a chance

No comments: