posted
I am not a "pumper" by trade but I am 'bout to.
This stock is getting my attention big-time where the question of manipulation is concerned. Don't mind me if you see me flash something about this stock on every english speaking board on the Internet. What trader with a $100 would not like to know about this sale on shares?
Trust me I am getting out of character big-time, I learned my lesson about recomending stock to friends, family, and strangers a long, long time ago.
quote:Originally posted by TaxBack04: I am not a "pumper" by trade but I am 'bout to.
This stock is getting my attention big-time where the question of manipulation is concerned. Don't mind me if you see me flash something about this stock on every english speaking board on the Internet. What trader with a $100 would not like to know about this sale on shares?
Trust me I am getting out of character big-time, I learned my lesson about recomending stock to friends, family, and strangers a long, long time ago.
posted
I too agree that it would be cool to lay some pressure on these mm's. Certs does give one specific ownership of those shares.
Remember, Rufus suggested we get the certs ... we are the ones saying he might be trying to hedge against a sell-off at the reset.
I think he was trying to give us a clue as to how to pressure the mm's, and, maybe avoid some sort of settlement period, after the reset, for the shorts to cover.
Personally, I feel Rufus has that reset play all layed out ... I do not think he's worried about the reset pps sustainability.
Personal - 22,450 Friends & Family - 25,000
Total - 47,450
-------------------- ... make you're decisions only on you're own DD ...
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posted
A little run here...someone must have called for their certs .
This is still crazy though. Has anyone called the TA? If not, where do I find the number (without wading through 1000's of pages of past posts)?
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posted
In looking back and all that Rufus said and his attitude I can see why! those deals all took time, and... I too think he has things figured out, heck waaaaaaay back when he was already saying that he ""HAD"" institutional investors ready to go...
So I'm not to worried. Confused a little maybe... Worried about my $$.... -no
posted
Forgive me if I'm rehashing BUT... if you physically hold the certificates those shares CANNOT be shorted?? That would definately come into play after the repricing to $15.00 / $25.00.
I believe that is a fact but can someone verify that?
quote:Originally posted by cool AZ: I too agree that it would be cool to lay some pressure on these mm's. Certs does give one specific ownership of those shares.
Remember, Rufus suggested we get the certs ... we are the ones saying he might be trying to hedge against a sell-off at the reset.
I think he was trying to give us a clue as to how to pressure the mm's, and, maybe avoid some sort of settlement period, after the reset, for the shorts to cover.
Personally, I feel Rufus has that reset play all layed out ... I do not think he's worried about the reset pps sustainability.
quote:Originally posted by milliam: Another thing on the calling for certs...didn't Chartwalker find out that most (all?) brokers don't loan out stocks under $2.50 a share?
In contradiction to this though, someone talked with TDA margin and they said there are shares available to short.
Man, this Wall Street stuff is just plain crazy. There should be more movies about this.
that was me that called the margin dept at TD Ameritrade. The stock is marginable and they have shares available to borrow for shorting. You must have a margin account and $2.50 in cash in that account for every share you borrow (a safety umbrella for them).
But you and an individual can absolutely short cshd shares.
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posted
Okay this sucks...Let me vent... I want to see a lot of money showing in my freakin account! I dont want to take it out Im in for the looong term but give me more this is screwed up! Thanks for letting me vent gonna go do something to take my mind off of this...
-------------------- Never lookback...
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quote:Originally posted by milliam: Another thing on the calling for certs...didn't Chartwalker find out that most (all?) brokers don't loan out stocks under $2.50 a share?
In contradiction to this though, someone talked with TDA margin and they said there are shares available to short.
Man, this Wall Street stuff is just plain crazy. There should be more movies about this.
TDA on my post was the FIRST place I called, their reply was the same as Schwab.. -and I didn't talk to the first person who answered the phone... -Maybe that's why someone was tol they could. "?"
I don't feel the need to go there anymore... I know the deal ~
quote:Originally posted by milliam: Another thing on the calling for certs...didn't Chartwalker find out that most (all?) brokers don't loan out stocks under $2.50 a share?
In contradiction to this though, someone talked with TDA margin and they said there are shares available to short.
Man, this Wall Street stuff is just plain crazy. There should be more movies about this.
TDA on my post was the FIRST place I called, their reply was the same as Schwab.. -and I didn't talk to the first person who answered the phone... -Maybe that's why someone was tol they could. "?"
I don't feel the need to go there anymore... I know the deal ~
you are more than welcome to call the margin dept. Multiple people have, and they confirmed what I said. But you must talk to the margin dept.
TDA is huge and has far more phone monkeys than subject matter experts.
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quote:Originally posted by milliam: Another thing on the calling for certs...didn't Chartwalker find out that most (all?) brokers don't loan out stocks under $2.50 a share?
In contradiction to this though, someone talked with TDA margin and they said there are shares available to short.
Man, this Wall Street stuff is just plain crazy. There should be more movies about this.
that was me that called the margin dept at TD Ameritrade. The stock is marginable and they have shares available to borrow for shorting. You must have a margin account and $2.50 in cash in that account for every share you borrow (a safety umbrella for them).
But you and an individual can absolutely short cshd shares.
Correct 100% -and you can do that at TDA... But that's like making your own gas at $25 a gallon! LOL ~~
posted
Chart, sceptor...I wasn't trying to bring up a contradiction (although that's the word I used ). I was just trying to figure out how they could be shorting real shares. I still think most of this is naked shorting, but I don't have a clue. The shorting of the shares (if you can or cannot) is not my question. I just wonder if they actually have shares to short with and where are they getting them from.
Sorry if I ticked anyone off. Milliam
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posted
BTW.. The $2.50 cover of each share WAS in my original post...
For the record I had it right, right from the beginning (page 23 I believe)
Just making this point because I did go over everything with a fine toothed comb, that's why it took all day and night, -didn't want to "machine gun" a bunch of facts at everyone.
posted
hehe new here but i just want to add to the share count that we have here at allstocks. holding 77,500 shares here =). i'm long and strong!!!
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quote:Originally posted by new2stocks: Heh, $2.50 per share to short....why would anybody want to short a pennystock? Am I missing something here?
So if someone had 5 mill dollars in an account, which I'm sure there are millionaires here on allstocks, they would be able to short 2 million shares of whatever stock they choose. The $5mill would never be touched unless the stock begins to shoot upward and get out of control, otherwise they make bank by letting the money sit there to cover their short positions. It does not cost 2.5 per share if some are thinking that.
-------------------- I buy fast and sell faster!
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). I was just trying to figure out how they could be shorting real shares. I still think most of this is naked shorting, but I don't have a clue. The shorting of the shares (if you can or cannot) is not my question. I just wonder if they actually have shares to short with and where are they getting them from.
