Four Stocks 37% Daily Volume

Karl Denninger at The Market Ticker has some interesting data points regarding trading volume.

2.126 billion shares traded in four stocks, two of which that accounted for some 900 million of those shares are in companies that by any measure of accounting have absolutely zero common equity value whatsoever (and never will under any rational view of the future), yet NYSE Euronext continues to list them.

These four stocks represented thirty seven percent of all shares traded today.

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