posted
And I don't know why ETrade wouldn't jump at orders like that. Heck it is the easiest commission they would ever have. Place the order against a matching sale, collect their commission, and boom everyone is happy.
IMO the quicker they get off this crazy market the better. I would rather deal with Knight sitting on the bid and ask than not have ability to buy and sell at all.
posted
Cancelled that order sorry Falconed. Always willing to throw $50 at a good market experiment, but was afraid some other idiot would try and fill it. HAHA!! I don't really want an odd block at 0.15.
posted
ok guys im off this thread for good...last person turn out the light... if something happens start a new thread ....lol. but for real though 100 + pages kill it
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quote:Originally posted by trade04: ok guys im off this thread for good...last person turn out the light... if something happens start a new thread ....lol. but for real though 100 + pages kill it
posted
Kevin..that wasn't really called for... No buddy needs to admit anything... just because you and Repo decide that a stock doesn't belong here doesn't mean it should be moved...get over it... If you would have noticed...it was almost 30 minutes since this thread had been posted on...BEFORE you did...which brought it to the top...Do you not get it?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
This is a few days old but I found it on HSM & thought it was interesting....
Griff HSM Newbie
Join Date: Dec 2006 Posts: 128 Good Moring everyone, Regarding the bonds, the bottom line on this issue is the SEC will NOT let CSHD use them, period. End of story. That is not saying they aren't usable, they are, but the SEC says too bad, you can't use them. As Solo states, we need new funding if we are to move forward and that is being worked on. This is one of the reasons for the PR delay- nothing to say regarding the funding. At one time I felt real good about new funding but I a little concerned because it has been awhile since we have heard anything from the co.
-------------------- ..just remember....Family is EVERYTHING!!
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Jenna... I do not believe this "Griff" to be correct. the SEC can not say that a company can or can not draw down on a bond...or how a company can "use" it's assets...
I think this was a misunderstanding of one of Rufus's SPR statements...
BUT...This is all IMO...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by Jenna: This is a few days old but I found it on HSM & thought it was interesting....
Griff HSM Newbie
Join Date: Dec 2006 Posts: 128 Good Moring everyone, Regarding the bonds, the bottom line on this issue is the SEC will NOT let CSHD use them, period. End of story. That is not saying they aren't usable, they are, but the SEC says too bad, you can't use them. As Solo states, we need new funding if we are to move forward and that is being worked on. This is one of the reasons for the PR delay- nothing to say regarding the funding. At one time I felt real good about new funding but I a little concerned because it has been awhile since we have heard anything from the co.
The reason the SEC "won't let them use the bonds" as this person puts it, is that the bonds have been a sham from the start. What the SEC is trying to figure out is who knew what and when they knew it. Do I need to repost the articles I posted earlier about what a sham the "bonds" actually are?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
I can't see how the SEC could keep CSHD from using them if they are real and we own them. That's just insane. I've heard the rumor about the SEC wanting CSHD to sell the bonds to prove ownership, but I wonder how true that is.
Someone posted some bond scam article awhile ago and it alluded to a scam where people would claim bond ownership and then run a flim flam when they were asked to draw on them. Somehow they would be able to get some money. This is the only reason I can see that the SEC would want CSHD to sell the bonds to prove ownership. Can anyone dredge up that article or whatever it was again?
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posted
10, I don't understand that either...but it sounds like they've been looking for other funding....if they were to get other funding though what would that mean for us?
-------------------- ..just remember....Family is EVERYTHING!!
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Jenna....if they got "other" funding...or the bonds...wouldn't matter it would be "good for us"... But if you go back in the SPR shows...Rufus said that he had asked the SEC if he pulled down on the bonds would that proove they were real...the SEC said NO we would consider it fraud...
I believe that this is where this "Griff" came up with this idea that the SEC would not let CSHD use the bonds...
part of the problem with pulling down on the bonds is the interest that they get from the bond...the way I understand it is this is allot of $ that would be lost in selling those bonds...
BUT funding from any where would be good at this point....
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by 10of13: Kevin? You posted something that "with out a doubt" showed that these bonds were really a sham? I didn't see it...could you repost that?
Didn't say I posted an article that showed it "without a doubt." Since you put that in quotes, I reread my post, and it didn't say "without a doubt." What I actually DID post was an article that dissected the origins of the supposed "bonds" and exposed what a sham they were. Alas, it was from S tockwatch, so you all didn't want to hear it. Something about them being part of a vast conspiracy of CSHD haters or some such thing.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
Yes Kevin...I did read their stuff...and no it didn't proove or dis-proove much for me...but yes...did add to the questions... thanks anyways...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
milliam, are you still around? Can you go visit Rufus and ask him why he can't prove the bond ownership, after being so adamant about everything to the point where he didn't even use the disclaimer at the end of his PRs
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quote:Originally posted by Kevin Bailey: You don't feel like knowing the history of the supposed bonds proved anything to you? What would it take? Perhaps a message, on stone tablets, delivered directly from God?!?
That would be nice but I would still hold...LOL
Guess what...
I just got a letter from Connie Mack in the mail adressing my concerns for naked short selling of Conversion Solutions..
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posted
milliam, Rufus mentioned once on SPR during happy hour that the SEC said that cashing or hypothecating (take your choice) the bonds was the only way for him to prove ownership, but that would not be feasible to have them in that form all at once.
quote:Originally posted by milliam: I can't see how the SEC could keep CSHD from using them if they are real and we own them. That's just insane. I've heard the rumor about the SEC wanting CSHD to sell the bonds to prove ownership, but I wonder how true that is.
Someone posted some bond scam article awhile ago and it alluded to a scam where people would claim bond ownership and then run a flim flam when they were asked to draw on them. Somehow they would be able to get some money. This is the only reason I can see that the SEC would want CSHD to sell the bonds to prove ownership. Can anyone dredge up that article or whatever it was again?
posted
Remember back when the subject of ICE (Intercontinental Exchange) came up. I think it was something Rufus alluded to. A liitle DD pointed to their office in Atlanta. I went with this and bought some November 30th at 97.90 today it hit 121.40 and has great news after hours today.
Keeping the hope that this MAY still be connected to CSHD somehow???? Makes you wonder.
ICE Announces January 19 Launch Date for Electronic Trading of NYBOT Soft Commodities; Merger Expected to Close by Mid-January 4:39 p.m. 01/04/2007 Provided by ATLANTA, Jan 04, 2007 /PRNewswire-FirstCall via COMTEX/ -- IntercontinentalExchange (ICE), the leading electronic energy marketplace, announced that it expects to close on its planned merger with the New York Board of Trade(R) (NYBOT(R)), the leading soft commodity exchange, in mid-January and launch side-by-side trading of the NYBOT's benchmark agricultural commodities on ICE's electronic trading platform for the trade date January 19, 2006. NYBOT's open outcry trading hours will remain unchanged. Electronic trading will be offered around the clock each trading day in the physical contracts for Sugar #11(sm) (SB), Sugar #14(sm) (SE), Cotton No. 2(sm) (CT), Coffee "C"(R) (KC), Cocoa (CC), and Frozen Concentrated Orange Juice (OJ). Electronic markets are expected to be available from 8:00 p.m. ET the prior evening until 6:00 p.m. ET of the trade date. Contract specifications and commodity codes will remain unchanged for both floor and electronic contracts, which will be fungible with one another. There will be no changes to the current NYBOT exchange fee structure, with floor and screen trades offered at existing, equivalent rates. Market-maker programs for electronic trading will be offered, with more information to be published in a member notice. Access to electronic trading will be available to qualified individuals, regardless of membership status. NYBOT will begin offering ongoing screen-based training sessions for the trading community beginning Monday, January 8. Wireless and wired access from the NYBOT trading floor will be facilitated. Prospective electronic traders can contact the NYBOT membership office for more information. A list of FAQ's is available on both the NYBOT and ICE websites. NYBOT will coordinate the enrollment of users for direct access to the exchange through the WebICE screen. In addition, most of the leading independent system vendors have written to the ICE trading platform, and are also expected to provide access to NYBOT products. Qualified algorithmic and proprietary traders with access to ICE and ICE Futures products will be able to access NYBOT products upon execution of an access agreement with NYBOT. "We are pleased to offer these benchmark contracts to the global trading community on the ICE platform. In working closely with the NYBOT team and meeting with NYBOT members to bring this slate of contracts to market on an expanded scale, we believe we are offering an excellent value proposition to our respective market participants," said ICE Chairman and Chief Executive Officer Jeffrey C. Sprecher. "We are committed to serving the NYBOT community by providing an unparalleled electronic platform and support for the launch of these products." "This marks a historic and important step for NYBOT, its customers and its membership that has been many months in the making," said Fred W. Schoenhut, Chairman of the NYBOT. "We take pride in being able to offer our global customer base increased access to our exchange. We believe the addition of electronic trading alongside our robust trading floor will ensure NYBOT remains a leader in soft commodities. We appreciate the support of the NYBOT customer community and look forward to bringing out our slate of currency and index products in the near future to continue to enhance our service offering to customers." ICE maintains and develops its state-of-the-art technology, which has been tailored to serve the global commodity markets. Thousands of commodity market participants in 44 jurisdictions worldwide already rely on ICE's liquid, fast and Internet-accessible trading platform to trade a range of OTC and futures contracts based on crude oil and refined products, natural gas and power.
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