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Pros & Cons
Cons
Poor quality. I normally love michael lewis books but despite the subject matter being interesting, i really struggled with this.
Highlights
Quality
He explains the concepts so clearly and stitches them into a very easy to read storyline.
Price
So, if a large buy order comes in (thereby increasing the stock price) they hide that buy order from the market so the stock pr... Read More
Hoping, obviously, that the stock falls in price before they are obliged to buy it.
Overview
- How are reviewers describing this item?
stock, good, few, own and financial. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 17,003 reviews as of our last analysis date on Feb 24 2024.
Helpful InsightsBETA
Posted by a reviewer on Amazon
After reading flash boys i realized how naive i am not being aware of how wall street banks rigged the stock market
Posted by a reviewer on Amazon
They set up dark pools and are able to hide large buy or sell orders placed in to the market by the unsuspecting
Posted by a reviewer on Amazon
They take a short position in a stock meaning they sell a stock which they dont own
Posted by a reviewer on Amazon
They have a few weeks to cover their position by buying that stock
Posted by a reviewer on Amazon
Hoping obviously that the stock falls in price before they are obliged to buy it
Posted by a reviewer on Amazon
So if a large buy order comes in thereby increasing the stock price they hide that buy order from the market so the stock price doesnt increase
Posted by a reviewer on Amazon
Flash boys is an eyeopener of a work it decribes how a group of traders set up their own stock exchange iex to thwart the big banks
Posted by a reviewer on Amazon
Wall street as is typical of any financial market created lots of sub sets to confuse smoke and mirrors to be frank from this fog they happily detached the customer from his money and claimed they were successful because they were “smarter”
Review Count History
Price History
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