posted
Did anyone ever figure out if we were able to sell shares after Oct. 16th. Some thought they could and said they were told they could. But I'm not sure if thats possible.
Posts: 957 | Registered: Jun 2006
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posted
I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
Posts: 957 | Registered: Jun 2006
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posted
Holy Crap- I don't think that guy at Scottrade knew anything about anything....all he said was that the halt was lifted today, I said,"No tonight at midnight." He checked and then agreed. I said well then what happens if there's no MM does it trade anyway... He said the Market determines that (WHAT????) I said," Well if you have clients that own the stock wouldn't you need an MM to let trades happen?" He said I guess we will see if it does trade tomorrow, either it will or won't..." (ok- that didn't nswer my question!!) He told me nothing new....I think I could work there...
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by 6digits: I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
The Shareholder Committee, Tut, can address the BOD, Mike Alexander, directly. Mike can communicate information that is NOT "insider" directly to Tut, which can in turn be passed on to us.
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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quote:Originally posted by Jenna: Holy Crap- I don't think that guy at Scottrade knew anything about anything....all he said was that the halt was lifted today, I said,"No tonight at midnight." He checked and then agreed. I said well then what happens if there's no MM does it trade anyway... He said the Market determines that (WHAT????) I said," Well if you have clients that own the stock wouldn't you need an MM to let trades happen?" He said I guess we will see if it does trade tomorrow, either it will or won't..." (ok- that didn't nswer my question!!) He told me nothing new....I think I could work there...
Jenna, you probably could work there. I noticed too that the questions asked to the scottrade brokers have to be kept very basic.
Posts: 957 | Registered: Jun 2006
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quote:Originally posted by Jenna: Holy Crap- I don't think that guy at Scottrade knew anything about anything....all he said was that the halt was lifted today, I said,"No tonight at midnight." He checked and then agreed. I said well then what happens if there's no MM does it trade anyway... He said the Market determines that (WHAT????) I said," Well if you have clients that own the stock wouldn't you need an MM to let trades happen?" He said I guess we will see if it does trade tomorrow, either it will or won't..." (ok- that didn't nswer my question!!) He told me nothing new....I think I could work there...
This type of ignorance just pisses me off! Posts: 84 | Registered: Aug 2006
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quote:Originally posted by 6digits: I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
The Shareholder Committee, Tut, can address the BOD, Mike Alexander, directly. Mike can communicate information that is NOT "insider" directly to Tut, which can in turn be passed on to us.
Oh, did Tut get nominated as our representative, i'm not up to speed on that? Just curious.
Posts: 957 | Registered: Jun 2006
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I recommended to Mike not to ask for an extension to the halt. I know from other examples that if an extension was asked for, the SEC could halt it indefinitely and I do not want to see that for all you shareholders. If a solid press release came out before the opening of trading we should be able to expect a strong market. The suspension should still be lifted as the SEC stated in their notice at 11.59PM tonight which means trading should resume tomorrow morning. Remember hold strong and take your stock out of reach with GTC orders very early.
Posts: 1028 | From: Georgia | Registered: Jul 2005
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posted
I was able to place a sell on my shares with TDA. I know they cancelled all GTC orders when the suspension happened. I didn't try to put them in again, but I'm able to do it now. Probably doesn't mean anything...but it could.
Posts: 1028 | From: Georgia | Registered: Jul 2005
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quote:Originally posted by Jenna: Holy Crap- I don't think that guy at Scottrade knew anything about anything....all he said was that the halt was lifted today, I said,"No tonight at midnight." He checked and then agreed. I said well then what happens if there's no MM does it trade anyway... He said the Market determines that (WHAT????) I said," Well if you have clients that own the stock wouldn't you need an MM to let trades happen?" He said I guess we will see if it does trade tomorrow, either it will or won't..." (ok- that didn't nswer my question!!) He told me nothing new....I think I could work there...
Thanks for making my case in point Jenna. Not too many with actual experience in this.
Personally, I think the other ScottTrade answer was a form answer. The CSR has to say something when they get hundreds of calls asking about the halt and lack of an MM. What better to calm down a frantic phone caller than say... "No worries. Everything will be just fine."
Your phone CSR was a bit more correct. "We will see..."
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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Jenna, that's why I called the 800 ... figure they are always answering questions and are somewhat better equiped than the guys in the office. Even if you call the office, you could ask for their senior rep there ... the guys that usually answer, I find are usually the front desk man.
-------------------- ... make you're decisions only on you're own DD ... Posts: 348 | From: Arizona | Registered: Jul 2006
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quote:Originally posted by Jenna: Holy Crap- I don't think that guy at Scottrade knew anything about anything....all he said was that the halt was lifted today, I said,"No tonight at midnight." He checked and then agreed. I said well then what happens if there's no MM does it trade anyway... He said the Market determines that (WHAT????) I said," Well if you have clients that own the stock wouldn't you need an MM to let trades happen?" He said I guess we will see if it does trade tomorrow, either it will or won't..." (ok- that didn't nswer my question!!) He told me nothing new....I think I could work there...
Thanks for making my case in point Jenna. Not too many with actual experience in this.
Personally, I think the other ScottTrade answer was a form answer. The CSR has to say something when they get hundreds of calls asking about the halt and lack of an MM. What better to calm down a frantic phone caller than say... "No worries. Everything will be just fine."
Your phone CSR was a bit more correct. "We will see..."
we will see "WHAT"
Posts: 4112 | Registered: Jun 2006
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quote:Originally posted by 6digits: I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
The Shareholder Committee, Tut, can address the BOD, Mike Alexander, directly. Mike can communicate information that is NOT "insider" directly to Tut, which can in turn be passed on to us.
Oh, did Tut get nominated as our representative, i'm not up to speed on that? Just curious.
Yea, thats a very good question. Apparently by sending in my info using a valid email address wasnt good enough for me to receive updates. I emailed dogmando again today in hopes to get some answers.
There seems to be 2 know-boats now and im floating around clueless. Shareholder committee...great idea IMO, if its used properly.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by 6digits: I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
The Shareholder Committee, Tut, can address the BOD, Mike Alexander, directly. Mike can communicate information that is NOT "insider" directly to Tut, which can in turn be passed on to us.
Oh, did Tut get nominated as our representative, i'm not up to speed on that? Just curious.
Yea, thats a very good question. Apparently by sending in my info using a valid email address wasnt good enough for me to receive updates. I emailed dogmando again today in hopes to get some answers.
There seems to be 2 know-boats now and im floating around clueless. Shareholder committee...great idea IMO, if its used properly.
Agreed. Being included in the loop would be good use.
Posts: 957 | Registered: Jun 2006
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quote:Originally posted by milliam: FWIW, Tut speaks again:
I recommended to Mike not to ask for an extension to the halt. I know from other examples that if an extension was asked for, the SEC could halt it indefinitely and I do not want to see that for all you shareholders. If a solid press release came out before the opening of trading we should be able to expect a strong market. The suspension should still be lifted as the SEC stated in their notice at 11.59PM tonight which means trading should resume tomorrow morning. Remember hold strong and take your stock out of reach with GTC orders very early.
Milliam ... I have a lot of respect for you. However I can't understand why we should put a GTC order in for my CSHD securities. No one can or will sell my shares without my input. I realize you are giving advise that you strongly believe but why put in the GTC? If someone sells my shares without my permission ......... I will sue them for lots of money. I have proof of ownership and if they sell them they must prove I ordered them sold. Please help me ..... What am I missing ? I ask this in all respect and sincerity because I have never had a problem with this.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
We're getting down to the wire on the suspension date. It would seem appropriate to me for the SEC to inform us of theeir intentions, whether their going to let it trade or play the game over time. Being as we are getting protected by them and all.
Posts: 957 | Registered: Jun 2006
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the doctor... It is "said" that if you put a GTC order in on your shares...then an MM is not able to "borrow/short" them...You would never "see" that they were borrowed or shorted...it's kinda hard to explain...but by placing your "order" in...the MM's can't short your shares...(that's what is believed/said) Make sence?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by 6digits: I have to wonder how these certain people get on the phone when at times it's impossible for others to do so. Also, how does TUT know what Mike is going to do one way or the other and how is he privy to that info without being in upper mgmt?? To me he raises more questions than he gives answers.
The Shareholder Committee, Tut, can address the BOD, Mike Alexander, directly. Mike can communicate information that is NOT "insider" directly to Tut, which can in turn be passed on to us.
Oh, did Tut get nominated as our representative, i'm not up to speed on that? Just curious.
Yea, thats a very good question. Apparently by sending in my info using a valid email address wasnt good enough for me to receive updates. I emailed dogmando again today in hopes to get some answers.
There seems to be 2 know-boats now and im floating around clueless. Shareholder committee...great idea IMO, if its used properly.
I've sent my info 3 times now and have not received anything in return, nor was I allowed to nominate anyone (though I did specify my choices in e-mail form). Here's hoping you guys are getting more responses (though I am sure things take time, so I am not angry to say the least).
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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quote:Originally posted by 6digits: We're getting down to the wire on the suspension date. It would seem appropriate to me for the SEC to inform us of theeir intentions, whether their going to let it trade or play the game over time. Being as we are getting protected by them and all.
6digits....What you are saying makes way too much sense. You would think that is the "humane" thing to do but don't count on it.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
Doc, if your shares are held in a Margin account your broker can "borrow them for trading". Technically they are yours and you will still see them in your account, but behind the scenes they can use them to trade. If you put a GTC order in, it prevents them from borrowing them from you. Now, if you bought the shares on "cash" or in a "cash account" they are not able to use those shares, so there is no need to put in a GTC sell order...
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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There is a "theory" that if we put our shares up for sale HIGH above the bid price that the MM see that as a sign of shareholders "knowing what they have."
Another reason I've heard is to let the MM's know that shares are for sale at higher prices, -come and get them -kind of thing.
Does or would it work?... I don't know, Tut seems to think so.
-------------------- ------------------------------------ Make the Time! Ett3 ------------------------------------ Posts: 37 | From: California | Registered: Oct 2006
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posted
I have a portion of my shares in cert form. Pretty piece of paper. The rest is for the good fight of PPS down the road.
Posts: 957 | Registered: Jun 2006
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quote:Originally posted by 10of13: the doctor... It is "said" that if you put a GTC order in on your shares...then an MM is not able to "borrow/short" them...You would never "see" that they were borrowed or shorted...it's kinda hard to explain...but by placing your "order" in...the MM's can't short your shares...(that's what is believed/said) Make sence?
Thanks .... I guess it does. Its never happened to me but there's always a first time. I still think that they would be libel for that type of action, but I see why you are concerned.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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quote:Originally posted by RichBy26: St Matt, you around today???
I understand from St. Matthew that his business office was moving to a new location starting last Friday afternoon. While I do not know for certain, I would deduce that because of this move, he may have limited access to to online facilities.
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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