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I called the SEC today (202-551-6551), and spoke to a gentleman who told me how/where to file a complaint. He did say there have been many complaints, which they're checking into. He DID laugh about my $2.3mill+ margin call.. grrrr. Anyway, I put the link below, but if it doesn't work for you, go to www.sec.gov/index.htm Then, under 'Investor Information, click on 'File a Tip or Complaint' Under Complaints, click on 'Online Forms' He said the best one to click on the following page is 'Problems with buy or sell orders'
You have an option to have a copy sent to your brokerage firm as you're filling this form out. I clicked on that so it gets forwarded to Ameritrade too. I've been calling Ameritrade today, and still not getting anywhere. Anyway, the link is below and should take you right to the correct form, but if not, follow the above instructions..
posted
In all seriousness, this is what happens when you put trading into the hands of Average Joe Investor. I can guarantee no broker sold these so called restricted shares... only the average dope on the street who is greedy and trying to cut corners.... I know some of you snickered when you sold and said "Heehee, look at this, I can place a sell while everyone else is restricted... now I can buy that new muffler for my 82 Pinto".
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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OK, here's an update!!! I would sell now if you are in this for a profit... NO RESTRICTED SQUEEZE if this post is true. Ameritrade is eating the trades, which means they will be short millions of shares. HOWEVER, they have WEEKS, not hours or days, to cover. They'll wait for the hubbub to die and the price to drop and then quietly cover their positions. THIS IS YOUR WAKE UP CALL - SELL!
Ameritrade called me...
and i spoke with someone to explain my problem as my account showed a negitive $16,000.00 after I sold my position on friday. I was informed I should not have sold my shares as they were restricted. He listened to why I sold and said he/ameritrade was going to eat the cost of the error. He said he would credit my account the original shares I sold on friday as if the transaction never occured.
He said if i checked my account later in the day, I should see restricted shares of jphc in my account.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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Yeah, call AMTD. All you fools who have been on suicide watch for the last 2 days, AMTD will bail you out supposedly. Call them and verify for us.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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quote:Originally posted by dkinvest: Who to believe - The Dog or Repo?
hhmmmmmmmmmmmmmm
DK with all due respect F*ck who to believe, in case we forget with all the DD in the world, big boards, otcbb or whatever, this is still gambling?
Like the big bearded basturrd from Texas says... Know when to hold and know when to fold. Repo says Sell and Dogcatcher pumps for a buy. Who knows, someone's gonna win big, and someone's gonna lose big...God save all our azzes
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast
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quote:Originally posted by Repoman75: Well, I won't lose cause I own ZERO shares.. should have bought on Friday. DK took my advice and made $12K. *******.
Not that much repo, and BTW - thanks for the advice...I should send you a check
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I bought on Friday, today was the settlement day...My scottrade showed that my trade was settled, therefore shares were delivered. Correct?
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quote:Originally posted by Repoman75: In all seriousness, this is what happens when you put trading into the hands of Average Joe Investor. I can guarantee no broker sold these so called restricted shares... only the average dope on the street who is greedy and trying to cut corners.... I know some of you snickered when you sold and said "Heehee, look at this, I can place a sell while everyone else is restricted... now I can buy that new muffler for my 82 Pinto".
Well Repo, I can guarantee that a Broker DID enter the order for me. First I called to ask about the Master Card IPO, then I said 'I don't understand why I can't sell, and was told I COULD. I didn't go heehee.. I figured since he TOLD me I could sell.. since he entered the order for me, that they weren't restricted! Simple as that! It wasn't for greed, it wasn't to 'beat the system'.. I was breaking even on the trade. I asked him a question.. he answered me with what I said above. Greed doesn't enter into this at all. Oh, and as you can see by my screenname, I don't have a Pinto.. sorry to disappoint..but what you said is pretty obnoxious.. just my opinion..
-------------------- "As long as there are dreamers, there are dreams that will come true."
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repo, and whoever - just off the phone with ameritrade and they stated "there will be no resolutions on this matter today" I told them I heard they will be responsible for the mistake on friday and was told "no decisions have been made" I don't know if the dog is a pumper or not but, repo has been bashing this stock alot why? and I called and what he said was wrong.
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Ummm... how does the name "Superbee" equate into NOT having a Pinto? Do you have a car named the Superbee? Who builds that, Chrysler?
And what are you whining about? AMTD is breaking the trades. You should be counting your lucky stars that your experience in pinkyland did not leave you homeless. You get to live another day.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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