quote:Originally posted by milliam: So if you're holding shares in a Roth IRA, are you stuck? From what I'm hearing, you can't call for certs from a IRA without getting out of the retirement account. I guess I'll look into all of this during lunch.
posted
call me crazy but I sold this morning X 2.91 looking to flip in a few days when the pps is lower. If we have to wait 15 more day then there is plenty of time to buyback.
quote:Originally posted by MoneyMoneyMoney: call me crazy but I sold this morning X 2.91 looking to flip in a few days when the pps is lower. If we have to wait 15 more day then there is plenty of time to buyback.
posted
Thanks, as I have done quite well for myself trading. Just remember it'll get easier to buy over the next 14 days. Watch the charts and see. Its gotta have breathing room and this thing is still high on RSI. http://stockcharts.com/h-sc/ui?s=CSHD&p=D&b=5&g=0&id=p24761746261
-------------------- I buy fast and sell faster!
IP: Logged |
posted
Made my trip to the bank... wire on it's way... hmm hmmmmm hmmm... Frown on the out side, great big huge smile on the inside. Chart, New2, quit looking for more positive stuff you made the price rebound .04 on that pdf post. Just kidding keep digging it just keeps getting better.
Shorts are made to cover and replace borrowed shares because certs are being delivered and there are not enough shares to borrow against to continue shorting. They're basis has been removed.
Certs may take 2, 3, or 4 weeks to get which means we aren't trading ... we aren't selling. The shorts trying to cover but there are not enough shares to buy ... the demand for real shares go up, and up along with the pps.
Now we're in this amazing run and who wants to sell now ... at least not much because you won't have to sell much to move on with your life and your trading all the while CSHD moves onwards and upwards.
Question is does one want to take a chance on missing some flipping, etc. or missing out perhaps via some legal entanglements?
Yes, I'm thinking hard about getting my certs.
-------------------- ... make you're decisions only on you're own DD ...
IP: Logged |
posted
I'm watching the action and just wondering if Rufus didn't unwittingly scare some people into selling. With all the talk of air shares and possible litigation some people may be taking profits just to be safe.
So after reading everything from the interview here is what Schwab told me when I called them:
I have a cash account, my shares are my shares and CANNOT be shorted against. They are held in the 'street name/my name' not just the 'street name' as some of the discount brokers do so it's easy for the TA to figure out who owns the shares.
I asked them what happens if the price resets. They said then you get that price. I asked about Option B, took a bit of explaining but they said the shares are in the 'street name/my name' so again they can figure out who owns them pretty easily.
They did say that MARGIN accounts may be shorted. I really think if you have your shares in a cash account you are fine. Margin accounts is where there could be some trouble. I didn't request paper certs because I want to be able to trade this quickly.
Oh looks like I was right, we're heading under $2 today. Time to purchase another set of flippers !!
IP: Logged |
posted
Has anyone thought to ask how they intend to do a "reset", to my knowledge only options prices and convertible parity price can be reset. I don't think there is a reg that allows the reset of a stockprice, if someone finds it please post! not bashing bc I hold some of this still, but I just don't see this being able to happen
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
IP: Logged |
I'm a 20 year college student with financial backing from my parents. I started with $5k 4 months ago and built up my portfolio to aroun $13k before CSHD. What I am doing now at my age is risk vs reward. I don't need the money desperately at this point. So what I did was invested almost all of my money at this point into CSHD. I have 67,700 shares of sljb....and as long as it doesnt dip under .075...I will have $5,000 in liquidation. Therefore, I have decided to put it all the leftovers into CSHD and now have 5084 shares. If CSHD tanks and I get $0 from it, I still will have my original principal as long as sljb does not go under .075
It's an all or nothing type of thing at this age, since i still have financial backing from the parents. If this goes to $25 and I can sell all my shares...we're talking $127,100
Worth the risk!
-------------------- Disclaimer: Not accountable for anything I say
IP: Logged |
quote:Originally posted by Jmoove: Has anyone thought to ask how they intend to do a "reset", to my knowledge only options prices and convertible parity price can be reset. I don't think there is a reg that allows the reset of a stockprice, if someone finds it please post! not bashing bc I hold some of this still, but I just don't see this being able to happen
there is no rule AGAINST it...
all it takes is an MM to agree and news halt....
-------------------- 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
![[Big Grin]](biggrin.gif)
![[Roll Eyes]](rolleyes.gif)
