posted
I do not blame nor do I have a problem with flipping a stock. There is good money in it and it keeps volatility healthy.
Some joker MM saying I am not going to fill that order because it will hurt my current short position. That I mind, and that is where my current blame is focused. Everyone is here because they feel their shares are valuable, and rare. Well these so called market makers are trying to tell us the opposite. They are trying to say there are millions available and we can flip them back an forth like cheese burgers.
They are liars, and they have nothing. Nothing but air. I can't prove it but a call for certs would definitely force their hand. I think they are bluffing and I think we shareholders have all the slips.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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posted
i have 2000 shares. thats all i plan on buying. this can go either way so i'm playing it safe.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
Now with a reset... -when is there a count of shares? Or when/how would we be able to find out just how big this coming squeeze is going to be?...
posted
So say I call for certs...get them. What happens? I get a package in the mail? My broker has actual paper that says "good for 1 share of XYZ"? Then say I want to sell...do I enter my order online as usual? mail the package back? I'm only half kidding here...no idea what "calling in certs" ACTUALLY means.
Like I said, probably stupid questions...just wondering how it works.
-------------------- One shot - One kill. Posts: 216 | Registered: Jul 2006
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posted
IMo..not a good idea to "state" how many shares one has...
Sandusky...IMO asking for the paper Certs...does nothing but create paperwork...you can "get them" in physical form...BUT in doing this...there are fees involved...AND when you want to sell them...you have to return the physical certs before you can sell...it creates a longer process...and in no way do i see that it will stop the MM's from doing what they are doing right now..."creating buys and sells with out having shares"
-------------------- #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 10of13: IMo..not a good idea to "state" how many shares one has...
Sandusky...IMO asking for the paper Certs...does nothing but create paperwork...you can "get them" in physical form...BUT in doing this...there are fees involved...AND when you want to sell them...you have to return the physical certs before you can sell...it creates a longer process...and in no way do i see that it will stop the MM's from doing what they are doing right now..."creating buys and sells with out having shares"
quote:Originally posted by Sandusky: So say I call for certs...get them. What happens? I get a package in the mail? My broker has actual paper that says "good for 1 share of XYZ"? Then say I want to sell...do I enter my order online as usual? mail the package back? I'm only half kidding here...no idea what "calling in certs" ACTUALLY means.
Like I said, probably stupid questions...just wondering how it works.
posted
wy in the hell can they let that thing run? I am kinda new around? learning as i go along. i don't know how MM can control a stock like this is BS. i have made one good trade so far after dat i am just Losing my money. HELP! HELP! HELP!
i am so fustrated of pennys, but i don't give up like that.
posted
10of13 - I disagree that there is "no" benefit in haveing you name on the shares. It does slow things down when you wish to sell but even a small call for certs will scare MM's to cover. MM shorting relys on anonimous shares. They have their seats to worry about and they have to balance every EOD due to regulation SHO.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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posted
Well if you have certs which i know my aunt passed and left the stock to my uncle he had to wait for them to clear and he got what they were worth at time of death and he had the option to buy them back in his name at current price whether it was up or down from current t/o/d but with living peeps he was told it would sell at price once they recieved them.. hope that helps not sure 100%
-------------------- Never lookback... Posts: 896 | From: NY | Registered: Jul 2006
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posted
I wonder if CVSU will ever fix the typo on their site. It says BDA after CSHD and im quite sure its meant to be DBA (Doing business as). It was correct back when it said CVSU but they changed it with the new symbol.
Yes, thats how bored ive become of CSHD. Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
IMO...one of the reasons that Rufas suggested to "get the certs"...was not only to do as Tax suggests...but more so to slow the "sell off process" when this is reset... let's face the majority of people that are holding right now are thinking of dumping the second that the PPS is reset... well...Rufas doesn't want his stock to dive like a submarine...so slow the process... Ask everyone to get their certs...which will make the MM's chances of having to cover a little more of a possibility...AND anyone with Certs will have to "file those certs" to sell them...the stock can't fall as hard...as fast...giving the "institutional buyers that rufas claims to have stepping in a chance to keep the PPS up...before all of those certs get traded...Just my thoughts...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
It also keeps people from flipping every day i suppose. Things would stabilize more i would imagine.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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-------------------- Never lookback... Posts: 896 | From: NY | Registered: Jul 2006
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posted
gonna stabilize around here i guess, i'm hitting up the gym see you all laterrrrr
Posts: 3086 | From: miami | Registered: Nov 2005
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Isn't there a time period in which shorts have to be covered...something to do with the SHO list? If so, wouldn't that serve the same purpose as calling certs to pressure MM's?
-------------------- One shot - One kill. Posts: 216 | Registered: Jul 2006
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posted
I agree with that 10 I think is is to slow down a pending sell-off. And for some reason we all are afraid of it because it might slow down our ability to dump after the reset. But if you really look at the current situation do you think any of us are going to honestly be able to sell all our shares before an MM takes a trade for 1.00 or 0.88 or more. He told us this to help protect us "and" his reset price.
Ideally we would all be restricted for a few months while the MM's are forced to cover. Personally waiting a bit longer and having the payday promised is much better than watching it slip by in a blink of the eye.
Certs would be our best move against the MM's but by no means is it going to prevent them from manipulating following the reset.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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