posted
So, for those that are going to hold a few shares through the symbol change I have a question. I am holding some shares through the change to see what unfolds.
What happens if the stock is short upon symbol change and you do not request your certs?
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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------------------------------------------------- Wasn't the gunner was the driver... Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Peaser: So, for those that are going to hold a few shares through the symbol change I have a question. I am holding some shares through the change to see what unfolds.
What happens if the stock is short upon symbol change and you do not request your certs?
Can anyone attempt this question for me? I am looking for possibilities.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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posted
from my understanding that is the brokers problem, we are still covered...etrade has told me that i'm good as long i paid cash...didn't really inquire further...
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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posted
The stock could trade at 15 bucks the first minute because Rufus and his girlfriend Ben can have a trade at 15 bucks and tell us "SEE WE PROMISED 15!" and it can come back down to its TRUE value...which is below a buck. Thats being REALISTIC
Posts: 909 | From: PA | Registered: May 2006
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quote:Originally posted by Peaser: So, can shorts carry over through a symbol change is what I am asking I guess? Or are they forced to cover before the symbol change?
I think this was heavily manipulated today by the MM's as glass does.
------------------------------------------------- peaser peaser peaser, how many times have all of us seen you push to far into indian country without a rifle..
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by CRab: from my understanding that is the brokers problem, we are still covered...etrade has told me that i'm good as long i paid cash...didn't really inquire further...
and??? if you own some on margin (I do w/eTrade)??? wouldn't it be illegal for them to take your shares? I can't see a big company like eTrade doing funny business
Posts: 551 | From: FL | Registered: Apr 2006
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posted
thats what I was saying, i know i'm good, they can't take MY shares...you have to call and ask for your particular situation...I don't own mine on margin so the particulars are slightly different...
just call and ask...
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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posted
Thanks Crab but I hate calling eTrade. The phone guys are idiots and have no clue. You can call three times and get 3 different anwers every time. I even call the "pro trader" special number and they are still idiots.
Posts: 551 | From: FL | Registered: Apr 2006
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quote:Originally posted by GreenDay: Thanks Crab but I hate calling eTrade. The phone guys are idiots and have no clue. You can call three times and get 3 different anwers every time. I even call the "pro trader" special number and they are still idiots.
------------------------------------------------- Greenday, try Ameritrade, nice ride..When you get a fill in on the phone that makes you feel un-comfortable just ask for teck support, they can be very good folks.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Will do, thanks dust. Half my FHAL are cash and half are margin only cause when I bought with my cash, I hit send twice and bought double the shares I intended. I hoping it was a profitable mistake! Never held on margin more than a day or two so I'm pretty nervous about it.
Posts: 551 | From: FL | Registered: Apr 2006
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posted
Don't forget the Nasdaq, Amex, Nyse,,, folks, these sell off's are producing some very encouraging PPS'S.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Peaser 10% - but I get free l2's - and if my shares at 1.33 are going to be worth $15 in a few days - that 10% I'm glad to pay.
Posts: 551 | From: FL | Registered: Apr 2006
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posted
10, never bought in today, was out all the way yesterday..Didn't like the feel of things..When I made the submerging comment the graphic's were becoming out of cinc with the last few days.. They just didn't look right and I warned folks.
Right before and during the blood bath I only had time to get out a couple of warnings privatly..Don't know if it was to late in those case's tho..
Purl hit it dead on..Whitch also helped in my decision process.She really could of took the heat on that call..As I said earlier "the demeaner of her words was straight forword "
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
i have carefully analysed the trading for the last two days dusty....
the 1.5 million shares traded in the last twenty minutes were a panic sell started by somebody posting that it would take 90-120 days to get the shares "converted"
this was a lie...
it could have gone the other way if the MM's had WANTED it to....
they didn't... bashers here are more numerous than any stock i've ever seen.. scan the boards....
reverse mergers are not that confusing...
filing says they have 850 million$ assets...
it's filed...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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