posted
glass - i checked out ihub while on firefox for a few pages over there and I am fine. No crash.
Does anyone think we might actually see a 10k next week?
I'm still concerned about the nobo list too. Is it just a list of shareholders that are eligable for the reset price? and if so, if we never requested our certificates from an online broker.. would we even be on that list...
IP: Logged |
posted
and I read this on hsm by "bodi" ... WHY????
Hear me plz, If you are a previous share holder (restricted certs or free trading) send your certs in to the transfer agent fedex overnight or what ever... to
Integrity Stock Transfer 2920 N. Green Valley Parkway Building 5 - Suite 527 Henderson, NV 89014
before the 13th of september...just in case
IP: Logged |
posted
i went thru something like this where the AMTD people made out like bandits and i had Scottrade.. we scotty's got screwed.. the short version?
the reason AMTD peeps made out? they allowed their traders to sell shares the broker hadn't recieved from the transfer agent after a FWD split, and most of the other brokers didn't.. in other words? they sold short, waiting for delivery, so YES, this makes SOME sense, not 100%, but some...
i learned my lesson on that one... i am using a top ten broker for this one... legal counsel available and all... (and no i have not asked the lawyers anything yet)
i don't know what to recomend to AMTD people here... the HSM thread has a the ring of truth to me, but i can't say for sure... i do suspect the brokerages are NS'ing too but that's illeagal so they can't possibly be doing it, can they?
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
quote:Originally posted by GreenDay: and I read this on hsm by "bodi" ... WHY????
Hear me plz, If you are a previous share holder (restricted certs or free trading) send your certs in to the transfer agent fedex overnight or what ever... to
Integrity Stock Transfer 2920 N. Green Valley Parkway Building 5 - Suite 527 Henderson, NV 89014
before the 13th of september...just in case
Greenday..not knowing the "whole" story...I am only guessing that they are talking about "people" that had certs from quite a while before...they want ALL FHAL and CVSU certs to be turned in and accounted for BEFORE the completed merger... The way that I understand it...IF you have your shares through an online broker...your "FHAL" shares have already been "switched to" and accounted as CSHD shares...IF you have hard CERTS that say FHAL...they want them "turned over" to the CSHD CERTS...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
IP: Logged |
quote:Originally posted by GreenDay: I've got shares through both etrade and scottrade. Now I'm very nervous about my scottrade shares.
actually? i think scotty is working very hard at keeping the shares in their "bank" ...
they were NOT allowing us to sell short and AMTD was... scotty has been making people call in lately on fast runners too... i think they do that to make sure they can actually get the shares...
i was very pi$$ed at scotty cuz i had 100K$ worth of profit stock that i couldn't sell, BUT? the reality is that they were doing the RIGHT thing.. it was frustrating, but they followed the rules...
i'm trying to watch a race right now or i'd 'splain mo' better
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
quote:Originally posted by glassman: anybody else having problems with ihub crashing the browser? i think they've got a virus.. the browser is Firefox..
Glass.. Happens to me and I've only been there a few times...
IP: Logged |
posted
i check in on 'em pretty regular to get a feel for what they are slinging...
we all know this play has been gone over with a fine tooth comb, and i am not impressed with ANY of the reasons that have been given for why it won't work...
BUT? there are no garantees...even if you buy MMM or GE... this one won't be over till we sell....
good race BTW..
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
quote:Originally posted by GreenDay: and I read this on hsm by "bodi" ... WHY????
Hear me plz, If you are a previous share holder (restricted certs or free trading) send your certs in to the transfer agent fedex overnight or what ever... to
Integrity Stock Transfer 2920 N. Green Valley Parkway Building 5 - Suite 527 Henderson, NV 89014
before the 13th of september...just in case
Greenday..not knowing the "whole" story...I am only guessing that they are talking about "people" that had certs from quite a while before...they want ALL FHAL and CVSU certs to be turned in and accounted for BEFORE the completed merger... The way that I understand it...IF you have your shares through an online broker...your "FHAL" shares have already been "switched to" and accounted as CSHD shares...IF you have hard CERTS that say FHAL...they want them "turned over" to the CSHD CERTS...
They are looking to tabulate the short count.
IP: Logged |
posted
Good morning all... took a break for football Saturday... trying to catch up.
Can anyone point me in the direction of thread, or give me a synopsis on the concerns from HSM about lack of accounting for certs and why I should be concerned about my Scoottrade shares? I think that thread may have been deleted, as I looked for it this am. TIA
posted
i read thru the HSM thread over there last night...
i don't agree that there are enough shorts here to destroy AMTD...
the AMTD issue makes the most sense to me in either of two ways..
A) AMTD sold shorts and can't cover
B) AMTD has too many CUSTOMERS with failure to deliver, and as a result feels it is appropriate for them to restrict the trading.
there are other possible explanations too...
if AMTD restricted buying because of an UNKNOWN SEC action? that would SEEM to me to be wrong to do, because that would indicate sharing of information that has not yet become public knowledge....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
posted
Glassman, "A" is correct I would think. AMTD is short big time and will have to cover. Monday and Tuesday could get very interesting.
IP: Logged |
posted
My experience here is that TDA is significantly inconsistent with what they are responding to customers with on this issue.
I personally am up to 3 or 4 different explanations at various levels within TDA.
TDA is short IMO and sold the majority of those shorts to customers. If 25% of what I understand to be TDA's short position is true and it is not covered before a reset to $15 this has the potential to significantly impact TDA's bottom line.
My very real issue with TDA is that they are restricting me from a legal market action that only one other house is also restricting. They are doing so because they failed to properly manage corporate risk. To me that is just bad business.
The other issue I have is that while this is legal for them to do the effect it has on the market is borderline manipulation. They have effectively prevented 45% of the online market from bidding on this stock over the next few days. But they have not throttled the sell side. In doing this they affect Supply and demand artificially.
This further validates that the company has effectively outed the shorts and in TDAs case this is their last play.
I guess I am trading via my Fidelity account come Monday.
-------------------- - "Pay it Forward"
IP: Logged |
posted
TDA is short IMO and sold the majority of those shorts to customers. If 25% of what I understand to be TDA's short position is true and it is not covered before a reset to $15 this has the potential to significantly impact TDA's bottom line.
i tend to gravitate to this analysis as well, however? it is still specualtion...
here's why:
Rufus claimed to have the majority of the float "under control" before this appeared on the SHO list...
IF Rufus was being honest? then the shorts were already being sold into the market by mid-July...
the volume was just too high for the float to have been "under" anybodies "control"...
once shorts are in the market? there are only two ways to get them back out...
A) buy real shares to replace them
B) buy a short from someone else to replace the original short....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
posted
Glassman...Yes, it is speculation and I am posting all TDA posts assuming we all understand that.
The more I dig into this over the weekend the more convinced I become that Bodi has correct information. I plan it dig far deeper Monday Morning. The market reaction to this information may be interesting Monday. Let's watch NITE closely.
-------------------- - "Pay it Forward"
IP: Logged |
quote:Originally posted by portman: Glassman... does the "IMO" not properly class the comment?
please, do not take my posts about this issue personally ANYBODY...
IMO is a qualifier, but i am just trying to remind everybody to be circumspect as much as possible..
if you accuse somebody of a CRIME? you need to be able back it up...
in America? everyone is INNOCENT until proven guilty in a court of law, and Ken Lay of Enron died after being found guilty, but since he was never sentenced? his record says he was innocent..wierd huh?
i have pointed this situation out to the "bashers" and the "pumpers" and i will continue to do so...do not take it persoanlly...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
Timothy Miles, A.K.A. 'Nick Tracy,' In Slovenia, Gives Up.. 2005/05/09 00:39:31 'Our-Street' Website (1 of 2) (financialwire.net via COMTEX) -- May 9, 2005 (FinancialWire) "Nick Tracy," whom FinancialWire unmasked in an expose a year ago as no stock hero, but rather a never-do-well individual named Timothy Miles charged by U.S. Securities and Exchange Commission with stock fraud and charged by detractors as being a sloppy investigator who despite picking some bad apples, has almost never had his facts straight, says he's giving up his website, "Our-Street.com." Whether that is true or another subterfuge, the irrepressible self-appointed "scam cop" has his SEC trial coming up in June. The other two individuals charged with him have also reportedly left the country. He is appealing a ruling against him in a case involving Circle Group Holdings (AMEX: CXN), and he continues to claim credit for "discovering" a phone scam involving six companies, including American Multiplexer Corp., Donini Inc. (OTCBB: DNNI), 5G Wireless Communications Inc. (OTCBB: FGWC), Innovative Food Holdings Inc., and Power3 Medical Products (OTCBB: PWRM) and their shareholders which the SEC recently said was in reality "discovered" and reported by the largest number of investors in its history. True to his history of questionable diligence, the now apparently "former" Our-Street" proprietor has continued to suggest that the companies themselves were involved in the scam long after the SEC had said none of them were found to have been involved. Although Miles had reveled in his oft-stated position that he is "judgment-proof,: in an essay entitled, "Thinking of Suing Our-Street? Read This," he stated that on May 5 he had handed off his ownership to "new owners." Like "Nick Tracy" before FinancialWire unmasked Miles, they are anything but transparent.
posted
FWIW... I believe Rufus bought that float to do just what is happening right now...
I also believe Rufus and his lawyer helped point this out to those brokers, hence the Schwab letter that came out why back when. Schwab saw some good money to be made, TDA is in a real pickle!
And I think Rufus has played them for fools, with Rufus holding the "real float" and the Fail to Delivers (FTD's) BEING the float,...
-gulp. TDA upper brass has to be sweating this one... And on top of it there's a HUGE reset price per share coming.
No, I don't have "proof" or links to back all of this, but I feel compelled to say that I believe this is where we are, because...
Facts are: 1) We ARE on the SHO list... -so, 2) It IS "short"
3) TDA is having a heart attack and only buying for themselves to cover what is going to be a HUGE loss for them if they can't.
*I'll state this as "fact" cause TDA has stated the reason for only letting shareholders sell as "other" not as fraud or whatever, those agruments IMO, just don't carry weight...
The "Big Picture" TDA has to buy back thier Naked shorts (fake shares) that created what the market is now trading, problem is that more and more people have been buying shares as the deal progressed and I don't know that they CAN cover all their FTD's (naked shorts) cause people are holding.
I "found" more money and bought thousands more myself, aren't we all "loading up!?"
So how can the share price not go up now right until Wednesday after the bell?... Who in their right mind would sell now?!
Friday -WAS the beginning of the Squeeze ~ IMO, how can it not be?...
The only "concerns" that I have are: -What is the reset price? and - -Will that reset price hold.
I don't see it "crashing" but penny players will be dumping, Rufus must know this so I'm wondering if he's planning a Juicy PR for the reset day or...... "?"
And of course I'll help out poor TDA... They can buy as many of my shares as they want .. At $54.00 a share
Being the nice guy I am, heck they can call me right NOW and buy them
quote:Originally posted by dollar13: this people in i hub are crazy.
i been reading for the last hour
yes, LOL... this is hilarious..
Posted by: serfdom In reply to: Braden32601 who wrote msg# 71507 Date:9/10/2006 4:30:22 PM Post #of 71519
You know, shorting is an excellent topic. One that I am quite fond of discussing all day, if you like.
What I learned - came from people who are extremely knowledgable in these things. One of them founded two BDs and a MM in the late 90's before going on to run many pink sheet companies.
Shorters, good ones - are the most aggressive people in the market.
Unlike most people - they don't back down when the waters get rough. If they are threatened - they bite back HARD.
A good OTC shorter will open a position, let's say he sells 1,000,000 shares short at .10. Now, he immediately gets this money - in this case, $100,000.
Let's say he got unlucky, and the price went to .20. His margin call for the $100K is clamoring for attention. What does he do?
He shorts ANOTHER 1,000,000 shares at .20. Now he gets $200,000. He takes half of that and covers his first position.
Let's say the stock goes to .50. OK, another 1,000,000 sharted shares, he collects $500,000 and pays off the $200,000.
This is called averaging UP. No matter what happens - they make more money, even as the price continues to climb. In this case, Shorty is UP on his investment by $400,000 even though the stock has increased 500%.
Neato, huh? Now, here's the really beautiful part. Shorty stays ahead and keeps pocketing more and more money - until finally there are so many bogus shares in the market that the price collapses.
The exit will be when Shorty covers any outstanding positions at .01, and buys himself a nice 75 ft. yacht.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Confused]](confused.gif)
![[Wink]](wink.gif)
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)
