posted
Stocktrader22, I understand that I seem like a basher, but I am genuinely trying to figure out what's going on here, and it scares the hell out of me to hear people sincerely talking about what they are going to do with their millions, and how much to set aside for taxes, etc.
I'll leave you all alone now, you're (probably) all adults and can think for yourselves, but just remember if it seems ot good to be true it probably is.
I'm not the type to come back and say I told you so if I am right, nor will I come back and apologize if I am wrong, but I will be pulling for all of you, because everytime the little guys beat the MMs it's a good day, and if this works out, more CEOs will do it and we'll all be rich eventually. Just think of one thing though, do you think after all these years, Rufus is the guy that finally figured out how to burn the shorts, and no one's thought of this before him? I doubt it.
Good luck to you all
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Either, the shares are attached and when you sell, you owe those shares to the buyer. Ergo, the buyer buys 1 share with the 6 attached.
OR, the shares are not attached and you can sell your 1 share and still keep your other 6. Ergo, a new buyer will only get to buy one share and no other 6 attached.
thats' correct Jo and that's why i am seeking clarification...
it is critical to know..
-------------------- 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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quote:Originally posted by T e x: re the blue diamond thing...and here's where the feet of my doubts start to "feel bottom," if you will...
if shorts are bound to deliver? Then it *is* a dividend...
One way peeps get screwed in the shorting process is that while their shares are loaned out, they miss divvies. So the lending brokerage makes compensatory payment to their client (whose shares they borrowed in order to effect the short), but said payment has tax implications that the divvy did not. Bottom line? client whose shares were borrowed usually loses some dough in the process...
So, if "due bills" involved? doubt this will work
i'm trying to follow it this way too Tex...
that's why i'm demanding a clarifying PR....
with the due bills attached? the PPS should go up as shorts try to acquire...
if they aren't attached? then they are toast already... the shares are not available
well, I don't "trust" PRs as far as I can punt your furnace... we've simply seen too many faulty PRs from confused CEOs/CFOs, etc...
however, I don't see how shorts could be in trouble either way... how have it both ways?
in fact, if due bills *not* attached? I'm thinking nekkid shorts have NO obligation, at all...
not sure i follow you Tex.... no obligation to what?
th enaked shorts still have to replace the shares...
the company knows exactly how many shares they are SUPPOSED to issue..they send them out...
some people don't get their shares...
whoever sold the naked short is obligated to obtain those shares onthe market to place them into the account they belong in...
the TA KNOWS...
without due bills?
the peeps that call in, demand, etc...may finally get theirs...
jaybirds lay low--if they cain't trackum now? how they gonna trackum w/o due bills?
posted
It was mentioned that due bills are attatched. Due bills attatched = Don't sell them This is one strange play.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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PCola I bought my original shares at .08. I'm extremely happy with Rufus. He has done everything he said, maybe not on the timeline he said. I got free shares so i'll be holding way past $15. JMHO
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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It's up to the shareholder...starve the beast....if you don't flip it hold it, name your price...if you starve the beast..he will go away.......if no one sold for 2 weeks there's no telling where the PPS can go!!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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"Starve the Beast" ..... DO NOT SELL .......I can do that....I will do that....WOW
Posts: 557 | From: UpState New York | Registered: Sep 2006
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Jo- buy back in tomorrow- sounds like Rufus is in control- he's going to make sure it will be what it's worth!! Get back in- you'll still be happy in the end.......Love ya
Good night all.....We did it.......Congrats!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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Jo - He'll take question - I think he meant through the website - in the future maybe in a few days------he just said it's still a great buy Jo.....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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