posted
Glass: Have you seen the new Scottrade commercial where he says something like this at the end..."if your looking to leave your current brokerage company, come to Scottrade"? It started right after AMTD stopped allowing it's customers to buy shares of CSHD. I thought that was interesting since they were short approximately the same amount of shares as AMTD.
the difference may simply be one of liabilty... WHO is liable and who is not...
my understanding is that Scotty doesn't make its own market...
and? my understanding is that AMTD does...
in any case? the SHO list still has CSHD on it this morning...
i beleive the run we saw in the last couple days was the LEGALLY obtained shorts giving up and buying in.....
here is a good page to read thru:
pay attention to number one cuz according to this guy? it's the only one that squeeze can really be effected on..
i'm not in agreement with him, but? that is why i encouraged everyone to write letters to Capital Hill..i still encourage it too..
Short Selling Strategies: Two Dozen Types of Short Sales
By William Cate
There are dozens of ways to sell short a stock.
1. Traditional Short Sale: Borrow the stock against a fifty percent margin.
This is the only type of short sale that can be squeezed when the share price moves up because the short seller must add money to their margin account.
2. A Market Maker Short Sale: U. S. Market Makers are not required to make physical delivery of stock certificates when they sell it. They are assumed to be a repository of the company's shares.
3. A Brokerage House Short Sale: This is a decision not to execute a buy order from a client, but show the stock as owned by the client on their monthly brokerage firm account statement.
4. A Clearing House Short Sale: The Clearing House doesn't execute the buy order, but credits it to the brokerage firm client's account.
5. A Naked Short Sale: This is where two brokerage firms agree to trade stock in a company with neither brokerage firm requesting physical delivery of the share certificates.
6. An Insider Short Sale: This is when insiders with restricted stock use it to sell short their company. It's illegal. It was a common practice when the Regulation S Hold Period was 40 days.
7. A Ferrari Short Sale: This is where a bloc of stock is purchased. The stock is converted to derivatives, thus factoring the stock one hundred fold or more. The short sale doesn't occur in the Stock Market, but the derivative owners are holding a short position.
8. The DTC Short Sale: This is when Depository Trust Companies use the stock they hold to sell short that stock.
9. The International Short Sale: Stock's created offshore. The company is listed to trade outside the United States (usually Canada). However the company is trading in the States. The shares are sold into the States. The Short Sale is moved to the Primary Country, where the local brokers can ensure that the short position will be covered by the listed company, if there is ever a successful short squeeze.
10. The Arbitrage Short Sale: LTV - Scattered Securities is an example of this short play. The Court in the LTV reorganization determined the exchange rate for new shares for old shares at three cents. The Market didn't read the Court decision. The old shares traded far higher than the Court Ordered exchange rate. The short sale was done by selling old shares and buying new shares before the Court mandated exchange of share certificates.
11. The Street Stock Short Sale: Sellers who are insiders or who allege to be insiders sell counterfeit stock to buyers outside regular market channels.
12. The MIDI Short Sale: Brokers sell stock at prices well above the actual trading price of the stock. This has been popular with German OTC stocks sold into the Middle East. The gap between the sale price and the trading price is an effective short sale.
13. The Depository Receipt Short Sale: Using counterfeit stock, the seller deposits it into an overseas bank. They then sell Depository Receipts against the counterfeit shares held by the bank. I've seen this done in Asia.
14. The Rockford Short Sale: An investment firm buys shares and takes physical delivery of the stock certificates. They replace the real share certificates with counterfeit share certificates. Next they sell the real shares back into the Market and repeat the process. This practice does wonders for their balance sheet. The tactic was popularized in the Rockford TV Series. It's been done in Asia with NYSE shares.
15. The Tax Haven Bank Short Sale: Small (usually Caribbean) banks act as agents for their clients unwilling to reveal their identity. The client wants to buy stock. The bank doesn't buy the stock on behalf of the client. They simply show the sale within the bank's accounting system. This practice extends to gold etc.
16. The Lost Certificate Short Sale: Client requests share certificate.
Broker sends it certified to the slightly wrong address. It's returned to broker. Using the certified receipt broker claims the client has the share certificate. A year is spent in proving it never arrived. Meanwhile the broker has the share certificate and can use it to cover other short sales. This happened to me in Vancouver.
17. The Margined Short Sale: Buyer buys stock on margin. They can't take physical delivery of their share certificates. The broker sells the margined account non-existent stock (a short sale).
18. The Takeover Short Sale: Brokers add non-existent stock into a takeover with stock transaction. The buyer pays for the non-existent shares. The short seller gets cash or stock in the buyers company.
19. The Attrition Short Sale: For OTC stocks about 3% of the beneficial owners of the stock disappear each year. They die, forget they own the stock, etc. Brokers can safely sell short 3% of the float each year relying on the fact that the beneficial owners will never claim their stock.
20. Counterfeit Stock: Professionals regularly send counterfeit share certificates to Transfer Agents. A surprising percentage are accepted as real share certificates. The result is the professional effectively has sold short the shares involved in the certificate.
21. Issue Depository Receipts without holding the stock and sell the Depository Receipts.
22. The Warrant or Option Short Sale. Buyer holds the right to exercise warrants or options, but doesn't do so. Instead, they sell short the stock and use the options or warrants as insurance. This was popular among VSE underwriters in the 1980s-1990s
23. Reg S Short Sale. Same format as the Warrant or Option Short sale, but using cheap Reg S stock. The short seller is exposed for one year.
24. The Lending Short Sale. This was used by the guy who introduced me to the business. You offer to lend 90% of the face value of the stock to the borrower for a long period of time. Your interest rate is better than that of a bank. You take in the stock and sell it. You lend 90% of the proceeds from the sale. You are now short the stock. You collect your interest payments until the borrower defaults on the loan.
About the Author
William Cate has been the Managing Director of Beowulf Investments since 1981 and is the Executive Director of the Global Village Investment Club.
quote:Originally posted by 10of13: I understand the concern Doc...But with this one? until Rufas and company does something,not Ourstreet, or stock lemon or any of the other bashers...I am sticking it out. As you can see there IS too much at stake for these bashers...and every lead of charges and all have lead to NOTHING! Charges dropped and blah blah blah...
An example? My ex accused me of child abuse, the charges are on file for the world to see, the charges were dropped/dismissed (they were false) however if you were to search my name and record...they are there...am I a child abuser? Can you search ANYTHING that says I'm not? Nope...only that the charges were dropped.
Sometimes a leopard doesn't need to change his spots...because he was never a leopard. Again...good luck!
Correct 10: I will tell you all about me getting areested for attempting to steal a tire from Sams Warehouse back in 1993 (later tonight if your on) It sucked at the time, but is funny now...Of coarse, I was not trying to steal anything and have managed banks since.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
quote:Originally posted by betting babe: I'm still fuzzy with the setup but my understanding is that Rufus & Ben's originating Trust behind Waatle Holdings was Songwi.
Which then merged with William Tay's corporation Conversion Solutions.
NOW HERES A Q: it has driven me nuts &it's so simple: on the top left corner of the cvsu website it says: CSHD BSA as Conversion Solutions, Inc.
not DBA - BSA. whats that mean?
~BB
quote:Originally posted by cassity: Has anyone looked into the Songwi Trust? I don't have time right now, but any info would be great. Thanks
The initials BSA could stand for:
* Bachelor of Science in Accountancy * Bank Secrecy Act * Birmingham Small Arms Company - British manufacturer of military equipment and vehicles including motorcycles. * Body surface area * Bovine serum albumin * Boy Scouts of America * British School at Athens * British Stammering Association * British Surfing Association * Broadcasting Standards Authority * Bronze Service Arrowhead * Business Software Alliance http://en.wikipedia.org/wiki/BSA
"3. A Brokerage House Short Sale: This is a decision not to execute a buy order from a client, but show the stock as owned by the client on their monthly brokerage firm account statement."
Ben Stanley & Associates Bunches of Swell Assets Beating Shorters Always Best Stock Around Bright Shareholders Alliance
quote:Originally posted by wallymac:
quote:Originally posted by betting babe: I'm still fuzzy with the setup but my understanding is that Rufus & Ben's originating Trust behind Waatle Holdings was Songwi.
Which then merged with William Tay's corporation Conversion Solutions.
NOW HERES A Q: it has driven me nuts &it's so simple: on the top left corner of the cvsu website it says: CSHD BSA as Conversion Solutions, Inc.
not DBA - BSA. whats that mean?
~BB
quote:Originally posted by cassity: Has anyone looked into the Songwi Trust? I don't have time right now, but any info would be great. Thanks
The initials BSA could stand for:
* Bachelor of Science in Accountancy * Bank Secrecy Act * Birmingham Small Arms Company - British manufacturer of military equipment and vehicles including motorcycles. * Body surface area * Bovine serum albumin * Boy Scouts of America * British School at Athens * British Stammering Association * British Surfing Association * Broadcasting Standards Authority * Bronze Service Arrowhead * Business Software Alliance http://en.wikipedia.org/wiki/BSA
i focus most of my pennystock DD on share structures...
i see co's diluting all the time while on the SHO list...
a couple of crafty CEO's have shafted the MM's by cahgning their SEC filings AFTER the naked shorting has already been done by whoever does it...
i ususally say MM's do it cuz that is the only legal use of naked shorting... i suspect that many of the situations i have come across are not legal
Dilution in CSHD? Confused, what are you saying.
I don't think that is what Glass was eluding to, but the T/A has been called very recently and the share structure is the same. NO DILUTION! Very good news.
i focus most of my pennystock DD on share structures...
i see co's diluting all the time while on the SHO list...
a couple of crafty CEO's have shafted the MM's by cahgning their SEC filings AFTER the naked shorting has already been done by whoever does it...
i ususally say MM's do it cuz that is the only legal use of naked shorting... i suspect that many of the situations i have come across are not legal
Dilution in CSHD? Confused, what are you saying.
That is not what Glass was saying about this stock but about others. Of course that comment could have been tongue in cheek on second thought, if so Bravo, my humor is similiar.
posted
Foiled once again. OK it seems my posts are getting unnecessary since people keep reading my mind and posting before me. I know I type slow so I'll sit back and enjoy the musings in my mind that are posted by others.
posted
sorry, stocktrader there i go again getting lazy in my posting....
i am only saying that CSHD is STILL on the SHO list as of last night...
that IMPLIES to me that somebody is still short...
i have seen no filings indicating that CSHD is diluting....
i have seen other co's doing it, but NOT CSHD...
and they DO file their intentions to dilute...
if you read the filings? you will see...
perfect example is ACTC but they are no longer on the SHO list... they were earlier this month... look at this filing they issued before they went on the SHO list: September 6, 2006
Prospectus Supplement No. 7 To Prospectus Dated April 13, 2006
of
ADVANCED CELL TECHNOLOGY, INC. Relating to
20,397,296 SHARES OF COMMON STOCK
This prospectus supplement supplements our prospectus dated April 13, 2006, relating to the sale by certain selling stockholders of up to 20,397,296 shares of common stock of Advanced Cell Technology, Inc. held by or issuable to the selling stockholders, as follows:
quote:Originally posted by glassman: Glass: Have you seen the new Scottrade commercial where he says something like this at the end..."if your looking to leave your current brokerage company, come to Scottrade"? It started right after AMTD stopped allowing it's customers to buy shares of CSHD. I thought that was interesting since they were short approximately the same amount of shares as AMTD.
the difference may simply be one of liabilty... WHO is liable and who is not...
my understanding is that Scotty doesn't make its own market...
and? my understanding is that AMTD does...
in any case? the SHO list still has CSHD on it this morning...
i beleive the run we saw in the last couple days was the LEGALLY obtained shorts giving up and buying in.....
here is a good page to read thru:
pay attention to number one cuz according to this guy? it's the only one that squeeze can really be effected on..
i'm not in agreement with him, but? that is why i encouraged everyone to write letters to Capital Hill..i still encourage it too..
Short Selling Strategies: Two Dozen Types of Short Sales
By William Cate
There are dozens of ways to sell short a stock.
1. Traditional Short Sale: Borrow the stock against a fifty percent margin.
This is the only type of short sale that can be squeezed when the share price moves up because the short seller must add money to their margin account.
2. A Market Maker Short Sale: U. S. Market Makers are not required to make physical delivery of stock certificates when they sell it. They are assumed to be a repository of the company's shares.
3. A Brokerage House Short Sale: This is a decision not to execute a buy order from a client, but show the stock as owned by the client on their monthly brokerage firm account statement.
4. A Clearing House Short Sale: The Clearing House doesn't execute the buy order, but credits it to the brokerage firm client's account.
5. A Naked Short Sale: This is where two brokerage firms agree to trade stock in a company with neither brokerage firm requesting physical delivery of the share certificates.
6. An Insider Short Sale: This is when insiders with restricted stock use it to sell short their company. It's illegal. It was a common practice when the Regulation S Hold Period was 40 days.
7. A Ferrari Short Sale: This is where a bloc of stock is purchased. The stock is converted to derivatives, thus factoring the stock one hundred fold or more. The short sale doesn't occur in the Stock Market, but the derivative owners are holding a short position.
8. The DTC Short Sale: This is when Depository Trust Companies use the stock they hold to sell short that stock.
9. The International Short Sale: Stock's created offshore. The company is listed to trade outside the United States (usually Canada). However the company is trading in the States. The shares are sold into the States. The Short Sale is moved to the Primary Country, where the local brokers can ensure that the short position will be covered by the listed company, if there is ever a successful short squeeze.
10. The Arbitrage Short Sale: LTV - Scattered Securities is an example of this short play. The Court in the LTV reorganization determined the exchange rate for new shares for old shares at three cents. The Market didn't read the Court decision. The old shares traded far higher than the Court Ordered exchange rate. The short sale was done by selling old shares and buying new shares before the Court mandated exchange of share certificates.
11. The Street Stock Short Sale: Sellers who are insiders or who allege to be insiders sell counterfeit stock to buyers outside regular market channels.
12. The MIDI Short Sale: Brokers sell stock at prices well above the actual trading price of the stock. This has been popular with German OTC stocks sold into the Middle East. The gap between the sale price and the trading price is an effective short sale.
13. The Depository Receipt Short Sale: Using counterfeit stock, the seller deposits it into an overseas bank. They then sell Depository Receipts against the counterfeit shares held by the bank. I've seen this done in Asia.
14. The Rockford Short Sale: An investment firm buys shares and takes physical delivery of the stock certificates. They replace the real share certificates with counterfeit share certificates. Next they sell the real shares back into the Market and repeat the process. This practice does wonders for their balance sheet. The tactic was popularized in the Rockford TV Series. It's been done in Asia with NYSE shares.
15. The Tax Haven Bank Short Sale: Small (usually Caribbean) banks act as agents for their clients unwilling to reveal their identity. The client wants to buy stock. The bank doesn't buy the stock on behalf of the client. They simply show the sale within the bank's accounting system. This practice extends to gold etc.
16. The Lost Certificate Short Sale: Client requests share certificate.
Broker sends it certified to the slightly wrong address. It's returned to broker. Using the certified receipt broker claims the client has the share certificate. A year is spent in proving it never arrived. Meanwhile the broker has the share certificate and can use it to cover other short sales. This happened to me in Vancouver.
17. The Margined Short Sale: Buyer buys stock on margin. They can't take physical delivery of their share certificates. The broker sells the margined account non-existent stock (a short sale).
18. The Takeover Short Sale: Brokers add non-existent stock into a takeover with stock transaction. The buyer pays for the non-existent shares. The short seller gets cash or stock in the buyers company.
19. The Attrition Short Sale: For OTC stocks about 3% of the beneficial owners of the stock disappear each year. They die, forget they own the stock, etc. Brokers can safely sell short 3% of the float each year relying on the fact that the beneficial owners will never claim their stock.
20. Counterfeit Stock: Professionals regularly send counterfeit share certificates to Transfer Agents. A surprising percentage are accepted as real share certificates. The result is the professional effectively has sold short the shares involved in the certificate.
21. Issue Depository Receipts without holding the stock and sell the Depository Receipts.
22. The Warrant or Option Short Sale. Buyer holds the right to exercise warrants or options, but doesn't do so. Instead, they sell short the stock and use the options or warrants as insurance. This was popular among VSE underwriters in the 1980s-1990s
23. Reg S Short Sale. Same format as the Warrant or Option Short sale, but using cheap Reg S stock. The short seller is exposed for one year.
24. The Lending Short Sale. This was used by the guy who introduced me to the business. You offer to lend 90% of the face value of the stock to the borrower for a long period of time. Your interest rate is better than that of a bank. You take in the stock and sell it. You lend 90% of the proceeds from the sale. You are now short the stock. You collect your interest payments until the borrower defaults on the loan.
About the Author
William Cate has been the Managing Director of Beowulf Investments since 1981 and is the Executive Director of the Global Village Investment Club.
quote:Originally posted by beatheodds: I agree that the 8k shows the financials and it does clears some of my fears(I am just so pissed off at SLJB right now) But SLJB put out an unaudited financials document. My question is what is the difference between an 8K and an unaudited financials posted on the website(SLJB)? How does filing it through the SEC makes a difference? Just trying to learn.
quote:Originally posted by a surfer:
quote:Originally posted by beatheodds: Why is there talk about Tuesday now? Thinks SLJB... they still have not got thier promised audited financials. I'm starting to believe that they will never see them. I hate this "they could be out anytime" mentality that companies put use through, the longer we wait the more the value of the shares decreases. My new philosophy: blame the company
the posted 8k should have subdued your post........
Ok firstly look at how SLJB did their financials as shown on their website... it was done like a spreadsheet kind of style and that was it...
Secondly, think for a second if they are the same, why didn't SLJB filed the financials as an 8k with the SEC??
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as i read it? i get the tune by STING goin in my head... murder by numbers...
Counterfeit Stock: Professionals regularly send counterfeit share certificates to Transfer Agents. A surprising percentage are accepted as real share certificates. The result is the professional effectively has sold short the shares involved in the certificate.
see BCIT for that one...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by glassman: you like that Tex?
as i read it? i get the tune by STING goin in my head... murder by numbers...
Counterfeit Stock: Professionals regularly send counterfeit share certificates to Transfer Agents. A surprising percentage are accepted as real share certificates. The result is the professional effectively has sold short the shares involved in the certificate.
see BCIT for that one...
yup...the one I thought of, too
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
In fact? I can even sorta kinda admire that one, in a perverse fashion...
But No. 8? The DTC selling short? That chills the blood to granulation... If it's true they can short? We should have crowds in the street raising total hell...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by JHenry: "thedoctor" is from my "neck of the woods". He just needs to lower his position to a comfortable level. Anything can still happen with this but I will be buying some on Monday Morning if I can get in at a reasonable level.
You get a 5 stars for that one...if he is not comfortable with this, he should get out. If he stills thinks there is a chance it's true, invest ONLY what you are comfortable with and do DD.
[ September 30, 2006, 22:03: Message edited by: St. Matthew ]
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
posted
I have done alot of research, I have followed this stock since it has been in its FHAL days, down at .15 a share. All the way up there has been speculation. I got in and out all the way up to $4. The question is do you think this all one big hype or is this really happening.
The way I see it is that if this tanks I could lose 50-60- up too 100% ! BUT if this thing takes off like how everything "seems" to be I could make 100-2000% or more who knows.
SO as we all have a little gambler in us, why wouldn't you take this bet? I have studied everything, unless this is a big scheme, we stand to make alot of money!
I am taking a big gamble and I put alot on them!
To me Rufus has done almost everything else to get ready for this moment. If it looks like a duck and sounds like a duck its a duck.
Now I could always be wrong, but unless i get proven wrong, I THINK THIS STOCK IS GETTING READY TO GO BIG!!
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posted
I hope most of you will give me one last opportunity to say something here. Yesterday I sent a confidential message to glassman. I said that I didn't want it to go public. It was just a concern of mine and wanted to discuss it with someone I trusted. I told him about the 144's. I mentioned that I was concerned about all of the Sells and no Buys. He said he would look at it. The next thing I knew, he published it in Open Forum after I asked him not to. I thought I could trust a man I respected in confidentiality. Next, wanting to contribute to this group that I have a lot of respect for, I did some research and found some (what I thought was) alarming information regarding 3 Board members of CSHD. I thought it was something to bring to everyone's attention. I would like to add that I own and still do own a lot of CSHD stock. I stand to make a tremendous amount of money if everything is a go with the 10K and other things regarding CSHD. Apparently, I was wrong to do it. I was under the opinion that this forum was to discuss all information we had regarding CSHD. Since giving this information, this is what has happened to me. glassman has exposed me as a phony and has told everyone what I asked him to keep private. I wanted it to stay private because I didn't want to say anything negative about CSHD. All I did was express a concern to him about the 144's. His betrayal of my confidence is alarming. I have been attacked by a few, certainly not everyone; as being a "basher". Why ? For trying to contribute to this forum in an honest way ? I certainly meant no harm to any of you. If I knew that some of us have discussed what happened to Rufus two years ago, I wouldn't have brought it up. You may not believe this but I was trying to be one of you by trying to help. I never expected to labeled as a "basher" and a fraud. For this I am sorry. Now last, but certainly not the least; sandor butosi ; questions my realism. He wants to question me about medicine. He says if I am not a "basher" not to be so negative and to say something intelligent. Sandor ...I was trying to add to this forum. I thought I was. For you to tell me to say something intelligent is rather ridiculous. If you are an educated man, and I believe you are ....you being a Doctor, you should know that I might not be able to answer many questions regarding medicine. I, for one; know very little about medicine, certainly not as much as you. My background is in Economics. Some people that do know me here, realize that. I still have the privilege of calling myself Doctor legally as much as you do. I completed my Ph.D. Program at the Simon Graduate School of Business at the University of Rochester. I am a Doctor of Economics. I would also like to add that this Doctor was an Officer in a Fortune 500 Company. So....sandor butosi.........I think you might have been the one to say something rather uninformed or ignorant. Not all Doctors can answer questions about medicine. I might add that you don't know as much about Economics as I do, however; I am not here to question your intelligence, I am sure you are an intelligent man. In closing, if I have offended any of you, I truly am sorry. I am an investor in CSHD and was only trying to show concern. I was trying to be a part of this forum by giving information that I thought was important. Until now, I don’t believe at any time I was rude to anyone. I promise I will not do that again. A few of you only want to hear good stuff. I am not a basher. I own as much of this stock as most of you. Sorry that I offended some of you. I was only trying to be part of you. I hope all of you become rich on Monday. Good night and good luck to all of you. Even glassman and sandor butosi.
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