You will note, across the top, archives go back to 1995 year.
In those filings, you will find Coca Cola, Google, T.D. Waterhouse and many others which will surprise you, no doubt. These days, no company seems free of graft and fraud.
Those archives are a good background check for companies and individuals about which and about whom, you have misgivings.
Hey at least they go after these people. Only way to stop short selling without the sec steping in is not buying stocks that are on the list.
Posted by trading4life on :
I am sending a letter tomorrow!! Thanks for the tip. This needs to stop.
Posted by glassman on :
quote:Originally posted by trading4life: Hey at least they go after these people. Only way to stop short selling without the sec steping in is not buying stocks that are on the list.
yes this is true,
BUT,
this kills the co's that are on the list....
many deserve to be on the list, probably most...
GTEL was on the list when i started posting about it last Dec. GTEL has a very long way to go to become what we hope it will be, but, it's off the list now, and the buyers are the ones that forced it off the list....
Posted by glassman on :
trading4life check this out....
i traded this in the late 90's with some success... BUT, i'm not in today
GLBC..Global Crossing....
Share Statistics Average Volume (3 month): 239,835 Average Volume (10 day): 144,000 Shares Outstanding: 22.50M Float: 6.50M % Held by Insiders: 71.11% % Held by Institutions: 20.47% Shares Short (as of 8-Apr-05): 10.39M Daily Volume (as of 8-Apr-05): N/A Short Ratio (as of 8-Apr-05): 42.416 Short % of Float (as of 8-Apr-05): 159.88% Shares Short (prior month): 10.78M
check out this line:
Short % of Float (as of 8-Apr-05): 159.88%
this means that there are more shares sold short than are available to borrow against...
obviously it's on the SHO list..... there are good reasons for it to be heavily shorted, but this is not supposed to be possible is it?
your broker is supposed to verify shares to "loan" you , if you short... so WHO is shorting it exactly?????
this situation has been ongoing for at least 6 months now.....
Posted by blueranger on :
i use to trade global crossing and jdsu....
Posted by trading4life on :
glassman that is crazy. 159.88%... Someone made some money. Good point the companies suffer the most and need the trades to bring it back. Its just one big mess. I am writing some letters tonight. It is the least I can do to help.
Posted by glassman on :
JDSU
hare Statistics Average Volume (3 month): 45,769,954 Average Volume (10 day): 27,141,000 Shares Outstanding: 1.45B Float: 1.40B % Held by Insiders: 3.40% % Held by Institutions: 39.05% Shares Short (as of 8-Apr-05): 42.78M Daily Volume (as of 8-Apr-05): N/A Short Ratio (as of 8-Apr-05): 0.784 Short % of Float (as of 8-Apr-05): 3.06% Shares Short (prior month): 50.75M
they aren't shorted too bad right now....
did they get shorted bad to bring them this low?
Posted by trading4life on :
glassman how do you get that info? I would like to run some stocks and see the numbers.
Posted by glassman on :
quote:Originally posted by trading4life: glassman that is crazy. 159.88%... Someone made some money. Good point the companies suffer the most and need the trades to bring it back. Its just one big mess. I am writing some letters tonight. It is the least I can do to help.
the money hasn' been made or lost till the shorts are covered or squeezed....you can bet someone will be crying before it's over....
you would think this will blow up...
Posted by glassman on :
quote:Originally posted by trading4life: glassman how do you get that info? I would like to run some stocks and see the numbers.
enter whatever symbol you want...OTCBB and pinkies are less likely to have this form filled out tho...
it does require some research((expenses) to put it together...
thank you.
Posted by trading4life on :
man even YHOO
Share Statistics Average Volume (3 month): 20,411,000 Average Volume (10 day): 16,834,000 Shares Outstanding: 1.40B Float: 1.25B % Held by Insiders: 10.62% % Held by Institutions: 72.71% Shares Short (as of 8-Apr-05): 77.12M Daily Volume (as of 8-Apr-05): N/A Short Ratio (as of 8-Apr-05): 3.685 Short % of Float (as of 8-Apr-05): 6.18% Shares Short (prior month): 75.09M
Posted by glassman on :
yer welcome... when ya find a good one be sure to tell us.. Posted by trading4life on :
lol will do. Posted by glassman on :
quote:Originally posted by trading4life: so glassman. When someone shorts the company. The company has to pay up for the shares shorted?
short-selling is the borrowing of shares (from a current owner) to sell with the expectation of replacing them at a lower price...in many cases it is a sure profit....
however, naked short-selling means the sahres were probably not located for borrowing, the seller has not replaced them and they are overdue to be replaced..... eventually they have to be replaced..... the abuses are many and diverse...
short-selling is not bad in and of itself..i don't do it for personal reasons..i had a grandpa like PG's i guess...
neither a borrower nor a lender be??????
Posted by keithsan on :
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