but do the math: was trading basically $2 to $4 before a 1 to 3,000,000 forward split. At .0001? 50 shares bought at $2 yielded $15k--*if* you had shares to sell...
On Monday following Friday ex-date, north of 9b shares traded...it was suspended the following Friday.
Bascially, one for the record books...
we have a full, detailed thread, which makes for good reading re what is possible when a solid group does DD together; but basically, Amritrade delivered e-shares early, told their clients no problem, then later reversed its position--going so far as freezing some accounts--then later relenting and their clients kept their dough.
[ May 22, 2006, 23:36: Message edited by: BuyTex ]
posted
From what Ameritrade has told me they will hopefully have a solution/stuff worked out before market open tomorrow. I will be calling them in the am.
quote:Originally posted by bikerider: from what i heard from the other boards, it looks like AT accounts holding paiv are going to be restricted starting tomorrow, so they can't buy/sell any paiv. with that in mind, not sure if there is going to be any sq, at least not tomorrow.
quote:Originally posted by tmanfromtexas: HOLY CRAP!!! This one is screwy but that sounds like a cluster. That is wild. TMAN...
lol, read the thread sometime...not only excellent background re "what is possible" from all-out DD, but also pretty funny, if you understand what's going on, which you would...I mean, it's sad how traders get screwed in the battle with "powers that be," but still, a good thread
posted
Well, as a final thought, the funny looking numbers actually do work out okay, unless th0th caught something else that I didn't...
5,245,535,839 <-- PAIV O/S
Which breaks down to... 4,623,208,507 <-- old JPHC/now RESTRICTED PAIV ,,,56,575,212 <-- old APOA/now free-trading PAIV ,,565,752,120 <-- new RESTRICTED divvy on old APOA
The APOA divvy shares are not mentioned in the 14F1 filing. They are in the calculation for O/S and ownership percentages, though.
quote:Originally posted by TheCreator: From what Ameritrade has told me they will hopefully have a solution/stuff worked out before market open tomorrow. I will be calling them in the am.
quote:Originally posted by bikerider: from what i heard from the other boards, it looks like AT accounts holding paiv are going to be restricted starting tomorrow, so they can't buy/sell any paiv. with that in mind, not sure if there is going to be any sq, at least not tomorrow.
I also have Ameritraders reporting test sells...unfortunately, it looks like for me, I now have a service call scheduled for the early am, so I won't be able to post...
If you wanna play this? Balance multi-bagger gains against having your funds frozen,,,
get up early and DD the hell out of it for latest news..."news" not opinion. Make a checklist re pros and cons, and as always don't risk what you can't afford...
posted
BuyTex, sorry, misunderstood your early AM service call statement. Must mean u gotta go to work. Thought service call was referring to a margin call.
Posts: 69 | From: Seattle | Registered: May 2006
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posted
Got this e-mail from the brokerage. Not sure it solves anything, just posting it for everyone's information.
The symbol JPHC had a stock split and symbol change. The rate was 0.46232 and the new symbol is PAIV. The changes are already reflected in your portfolio. You may have not owned enough shares to receive one share of the new symbol. The symbol currently has a dummy symbol of PAIVXXZ until Penson has determined if the shares are to be free trading or restricted. You will not be able to trade the new symbol until Penson has completed its determination.
Thank you for choosing RushTrade Securities.
-------------------- Pull on your boots,Slap on your hat, Relax, and Enjoy the ride. Posts: 31 | From: Wills Point, Texas | Registered: Apr 2006
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posted
You got it. The APOA dividend is not explicitly stated in the filing. We can only assume that the 10% of the total OS not mentioned in the filing is the APOA dividend.
quote:Originally posted by TickTrader: Well, as a final thought, the funny looking numbers actually do work out okay, unless th0th caught something else that I didn't...
5,245,535,839 <-- PAIV O/S
Which breaks down to... 4,623,208,507 <-- old JPHC/now RESTRICTED PAIV ,,,56,575,212 <-- old APOA/now free-trading PAIV ,,565,752,120 <-- new RESTRICTED divvy on old APOA
The APOA divvy shares are not mentioned in the 14F1 filing. They are in the calculation for O/S and ownership percentages, though.
So public float is 56,575,212.
Posts: 159 | From: San Diego, CA, USA | Registered: Feb 2004
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this is a typical squeeze and the price will be wild
lucky people that bought fri-mon and more luck to people that sold the restricted (hope they will limit losses trading during these wild movements)
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
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posted
messed up big time, sold on friday around .0014 and now i see the shares back in my account bought at .0021 damn it. i tlkd to the broker and cant even do anything.
Posts: 4071 | Registered: Dec 2005
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quote:Originally posted by Fuzzy1018: messed up big time, sold on friday around .0014 and now i see the shares back in my account bought at .0021 damn it. i tlkd to the broker and cant even do anything.
posted
B &a at 34x35 on scottrade.. any thoughts??? Quick flip?
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome Posts: 261 | From: BFE | Registered: Jan 2005
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quote:Originally posted by Fuzzy1018: messed up big time, sold on friday around .0014 and now i see the shares back in my account bought at .0021 damn it. i tlkd to the broker and cant even do anything.
if so, looks like you still got off nicely --- it's gonna be 100%ter before open --- great --- wish i could sell my (veru likely) restricted shares.... only have 5,4..... million paiv=== wat a rp!!! Good luck to all who are in since f-day!!!
Posts: 610 | From: Victoria | Registered: Dec 2004
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posted
B &a at 34x35 on scottrade.. any thoughts??? Quick flip?
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome Posts: 261 | From: BFE | Registered: Jan 2005
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posted
Just got off phone with Ameritrade, they are not allowing their clients to buy or sell any Paiv shares today. When this runs higher this could mean a huge rise in this stock price
Posts: 69 | From: Seattle | Registered: May 2006
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posted
Predictions at this point make no sense. Why do you say .018? Just a random number or is it based on something?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
messed up big time, sold on friday around .0014 and now i see the shares back in my account bought at .0021 damn it. i tlkd to the broker and cant even do anything.
yes but for some reason i have a negative next to the number of shares and as the price is going up my account is going down . I called my broker and he said he'll review everything by tomorow morning. any thoughts guys? I still cant sell these shares right because i originally had jphc
Posts: 4071 | Registered: Dec 2005
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posted
Well I jumped back in at .0032..only $150 but I figured what the hey..
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome Posts: 261 | From: BFE | Registered: Jan 2005
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