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» Allstocks.com's Bulletin Board » Hot Stocks Free for All ! » CSHD Merger Complete/Shorts Must cover/PPS Reset Soon! (Page 74)

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Author Topic: CSHD Merger Complete/Shorts Must cover/PPS Reset Soon!
Vin
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quote:
Originally posted by bigstocks:
I believe there us to be.

What??? [Confused]
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10of13
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Hmmm...
this is a portion of a response that I got from etrade as to my CSHD shares being real or fake...


Thank you for your email regarding your shares in CSHD. Please give us a call at (800) 387-2331 if and when you decide to sell your XXXX shares of CSHD. As far as I can see you do own XXXX shares of CSHD.

I have yet to hear anything from choicetrade...I am attempting to get things in "writing" instead of over the phone...just trying to "cover" if there is a problem...

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bigstocks
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I believe there us=use to be, a CSHD board over at the RB. [Cool]
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Vin
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Ok, that makes sense. Sorry about that, don't know all the shortcuts on this thing. I re-read that darn thing 5 times thinking I missed something! [Smile]
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CRab
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hey 10...call and see if you wanna sell whether or not they'll waive the fee as a "friendly" gesture...
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bigstocks
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NP, that was a typing error.
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Mr. CATIAEngineer
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quote:
Originally posted by 10of13:
Hmmm...
this is a portion of a response that I got from etrade as to my CSHD shares being real or fake...


Thank you for your email regarding your shares in CSHD. Please give us a call at (800) 387-2331 if and when you decide to sell your XXXX shares of CSHD. As far as I can see you do own XXXX shares of CSHD.

haha, thats an ODD response. I cant determine if there is a 'tude behind it or they just want you to sell them your shares. Very strange response IMO
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glassman
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quote:
Originally posted by 10of13:
Hmmm...
this is a portion of a response that I got from etrade as to my CSHD shares being real or fake...


Thank you for your email regarding your shares in CSHD. Please give us a call at (800) 387-2331 if and when you decide to sell your XXXX shares of CSHD. As far as I can see you do own XXXX shares of CSHD.

that's odd...

call them? i'd call now... and ask why..


i checked with my human borker yesterday...

no restrctions no warnings no nothing...

my human borker works at one of the top five borkerages in the world... they have no problems, except they hate any stock under 5$

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CRab
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new yahoo charts seem to be pretty neat...pretty basic but neat nonetheless...
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10of13
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The point is...I asked etrade point blank...if my CSHD shares were real or fake and how do I know and what stand does etrade take...are they responsible for my shares...that was the response?

does anyone know if etrade is "restricting" sells on line? I am wondering why I would need to call...

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Vin
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I wrote etrade yesterday about my shares, and this was their response...

Thank you for your message regarding your position of CSHD currently held in your E*TRADE Financial account. After reviewing your account we found that there are xxxxx shares of CSHD currently held in your account. You are the owner of these shares of CSHD. You are long in your position of CSHD and do not have any shares short in CSHD. We apologize for any inconvenience that this matter may have caused you. We appreciate your business and look forward to serving your future investment needs. Please let us know if you have further question or concerns. Thank you.

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CRab
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i'll bet they offer to waive the fee...give'm a call and see what they say?
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10of13
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VIN...I like your response better....LOL

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Vin
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It's really hit or miss with these people...find one in a good mood, and you get better answers...find one in a bad mood and God only knows what you'll be hit with.
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glassman
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what do you guys expect them to say?

they will honor them...

that's how the sytem works...

they DTCC explains some of it, but not all here:
http://www.dtcc.com/
interesting, just now found this article here:

http://www.dtcc.com/ThoughtLeadership/keyissues/clarifies.htm

will be reading now... so don't get mad at me if it has things in it we don't want to hear...

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glassman
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from the article above:


DTCC’s most recent annual report indicated that as of December 31, 2005, NSCC had fails outstanding worth approximately $6 billion. This value is persistently described by third parties as the value of FTDs as of that date. Since it is actually the value of all fails – i.e., both fails to deliver and fails to receive – effectively, the $6 billion cited by third parties actually represents $3 billion in fails to deliver, or about 1.1% of the $266.5 billion in trades processed on the average day by NSCC in 2005. Moreover, the $3 billion figure also represents all fails to deliver at NSCC, including fails in fixed income trades (corporate and municipal bonds). While the number of fails and percentage of fails in fixed income trades changes each trading day, on December 31, 2005, fixed income trade fails were equal to approximately 15% of all fails. Importantly, DTCC notes that this FTD total reported is not just for equities on the “threshold list” of companies, but rather reflects fa

http://www.dtcc.com/ThoughtLeadership/keyissues/clarifies.htm


yeah theres no such thing as naked shorts...LOL

i can't beleive it was just a year and half ago they were denying the very existance of NSing completely...

here's the official DTCC page on how it works:


http://www.dtcc.com/Publications/dtcc/mar05/naked_short_selling.html

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CRab
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so basically it's saying the FTD number reported by most is actually 200% of the actual total...

to sum it real simple like...

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Mr. CATIAEngineer
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So, on the theory that Rufus may have a special agenda for the naked shorters that stems from his history dealing with them. The theory that Fronthaul was massively shorted during the "log deal" days and that maye have attracted his attention..................

Well, when i spoke with him in July he confirmed to me that the log deal was ONE of the things that made them choose FHAL as their shell. We go back to the "right stock at the right time" comment. Even then he told me that although the log deal was something they were interested in it wasnt as sweet as it was originally thought to be but other reasons still make Fronthaul a nice deal.

On to my point. If it was shorted back then i am guessing a large amount of those shorts took place in the .30 range. If those shorters never had the chance to cover and it shot to .166 shortly after they surely werent going to try covering then. Now, as much as the try, they cant bring it back down. So, if the thoery is correct, the shorters are NOT going to cover .70 a share unless they are VERY sure that its necessary. So far it looks like they are calling his bluff and holding. Of course in the meantime they have likely shorted it at every price between .30 and 1.66 in order to maximize their profits....translated as losses when Rufus drops the bomb.

So, to make a long post short....the shorters are probably already so far in the hole they wont budge until pushed very hard.

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Mr. CATIAEngineer
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quote:
Originally posted by glassman:
quote:
Originally posted by 10of13:
Hmmm...
this is a portion of a response that I got from etrade as to my CSHD shares being real or fake...


Thank you for your email regarding your shares in CSHD. Please give us a call at (800) 387-2331 if and when you decide to sell your XXXX shares of CSHD. As far as I can see you do own XXXX shares of CSHD.

that's odd...

call them? i'd call now... and ask why..


i checked with my human borker yesterday...

no restrctions no warnings no nothing...

my human borker works at one of the top five borkerages in the world... they have no problems, except they hate any stock under 5$

"Borker"

Not once....but twice. Way to go Glass!! [Smile]

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glassman
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three times...


quote:
Originally posted by CRab:
so basically it's saying the FTD number reported by most is actually 200% of the actual total...

to sum it real simple like...

no.... my understnding is that the report Rufus has should be very close... the DTCC report is hteir annual report... that's why it's doubled..

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CRab
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i know that list is right...i was refering to the FTD numbers...as stated in the article...

i'm thinking that number is correct as well...i just wanted a clarification as to what "they" were saying in that article...

cool...that longer article/interview regarding NSing is a trip if you read through the whole thing...

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10of13
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I could give a rat's a$$ about the "shorts" here I don't really care if they go belly up...
my concern is how these Naked shorts...these fake shares get covered!
Is part of Rufus' plan is to have all of us get our CERTS and at the close ONLY those CERTS will be valid?

As it stands right now...nearly 2/3rds of the shares out there are NOT SHARES! How do THOSE get covered? and? how do you know if yours are real or not?(Ok....yes both of mine are real)

Am i going to have to take some bankrupt MM to court to get my money? Cause we already KNOW he "ain't got no shares"!?

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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CRab
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no...if it came to that your broker would...

but it would never get to court because the MM's really don't exist...and neither does naked shorting...it's all a figment of your over active imagination!!! [Razz]

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bigstocks
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Yup, cant sue something that dont exist. [Big Grin]
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10of13
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pheeeww!!
that's right they don't exist...jeeezzee...I got carried away There for a moment...
(smacks forhead...what was I thinking???)

quote:
Originally posted by CRab:
no...if it came to that your broker would...

but it would never get to court because the MM's really don't exist...and neither does naked shorting...it's all a figment of your over active imagination!!! [Razz]



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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Mr. CATIAEngineer
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quote:
Originally posted by :

I follow SLJB as well. There are a couple of real SERIOUS problem children over there. Playing games with phoney PRs...even if just for fun, is playing with big fire. And whats the deal with the basher squad using CAPS constantly over there? Is it an ego thing or something?

Sorry.....OT. [Smile]

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glassman
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pink sheets... they are alwyas like that...

chart plays all the way....

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djg7
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I agree CATIAEngineer. That's outright childish.
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Mr. CATIAEngineer
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quote:
Originally posted by djg7:
I agree CATIAEngineer. That's outright childish.

Well, i hope you showered before coming back over here djg! We dont want to leave a scent trail!! [Smile]
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10of13
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Dig and anyone...OT:
at the bottom right of all posts there is a "report" post button...when crap like that gets posted..."pull the whistle"...yeah the mods will get "annoyed"..But if they don't know...then they can't do anything...

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Mr. CATIAEngineer
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quote:
Originally posted by 10of13:
Dig and anyone...OT:
at the bottom right of all posts there is a "report" post button...when crap like that gets posted..."pull the whistle"...yeah the mods will get "annoyed"..But if they don't know...then they can't do anything...

There are actually more ways than just that to annoy the mods. [Eek!]

Keep em on their toes!! LOL

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SherriT
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quote:
Originally posted by 10of13:
I could give a rat's a$$ about the "shorts" here I don't really care if they go belly up...
my concern is how these Naked shorts...these fake shares get covered!
Is part of Rufus' plan is to have all of us get our CERTS and at the close ONLY those CERTS will be valid?

As it stands right now...nearly 2/3rds of the shares out there are NOT SHARES! How do THOSE get covered? and? how do you know if yours are real or not?(Ok....yes both of mine are real)

Am i going to have to take some bankrupt MM to court to get my money? Cause we already KNOW he "ain't got no shares"!?

I really can't decide what the right course of action is - in one breath we've been told to get certs, but in another, we're "promised" this reset which will cause people to want to sell at least a portion of their holdings. If you have certs, you miss the sell more than likely....choices, choices, choices

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2late
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oh, I see it, hope I never need to use it though. [Smile]
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10of13
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SSSHHH...don't post that...there are mods that read this thread...you don't want to give out our secrets....


quote:
Originally posted by Mr. CATIAEngineer:
quote:
Originally posted by 10of13:
Dig and anyone...OT:
at the bottom right of all posts there is a "report" post button...when crap like that gets posted..."pull the whistle"...yeah the mods will get "annoyed"..But if they don't know...then they can't do anything...

There are actually more ways than just that to annoy the mods. [Eek!]

Keep em on their toes!! LOL



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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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10of13
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Sherri...I have a call into Stanley to see what he says...i don't know if he will call back...But I am going to keep trying...cause I don't see a light at the end of that 75.5 share tunnel....

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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