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steeldco
steeldco
Joined: Nov 30, 2011
  • Threads: 50
  • Posts: 4578
March 9th, 2017 at 6:37:32 AM permalink
For those who may have missed it, Nimble Storage Inc (NMBL), a pick out of the stock screen of June, 2016 received a buy out offer.
It will have returned around a 56% gain.
DO NOT blindly accept what has been spoken. DO NOT blindly accept what has been written. Think. Assess. Lead. DO NOT blindly follow.
lilredrooster
lilredrooster
Joined: May 8, 2015
  • Threads: 76
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March 29th, 2017 at 3:32:23 AM permalink
The world's largest mutual fund company BlackRock is in the process of 86ing its' stock picking homo sapien managers in favor of machines using artificial intelligence to make buying and selling decisions.

https://www.nytimes.com/2017/03/28/business/dealbook/blackrock-actively-managed-funds-computer-models.html
"gambling improves the flavor of life" ................... Nick the Greek
Tanko
Tanko
Joined: Apr 22, 2013
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  • Posts: 530
March 29th, 2017 at 4:47:51 AM permalink
Good idea. Most fund managers can't match the S&P anyway.

The computers are for high frequency trading, where even one millisecond makes a difference.

Brokerages can pay to co-locate and install their servers as close as possible to the stock exchange servers in order to shave even more milliseconds off the trades.

Co-location

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