quote:Originally posted by Stockstar69: I just sold another stock so I'll be buying more CSHD in the AM. But since it's been the pattern the last few days I am gonna try a day trade if I can get in around .80 and out around .95.
I just need a few quick bucks and don't worry, I'm holding my original quantity until we hit the big one!
I think that's very smart... That way SOMEONE will be making $$ on this ~ LOL
The LONGS day will come
Hey I wasn't slamming you at all ~ I meant it, I'd be flipping too with extra cash. That is why we do this right! lol ~!
posted
No worries... I cashed in some position I got in at .69 and sold at .90. Flip a few others before back to CSHD .... which looks like it will be the same or less.
posted
I did my flipping when it was .08. Im just gonna sit back and wait for the big $$$$$
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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quote:Originally posted by dog: ! day to cover? Which day is that?
"Days to Cover - The number of days of average share volume it would require to buy all of the shares that were sold short during the reporting month. Formula: Short Interest / Average Daily Share Volume, Rounded to Hundredths. 1.00 will be displayed for any values equal or less than 1 (i.e., Average Daily Share is equal to or greater than Short Interest). N/A will be displayed If the days to cover is Zero (i.e., Average Daily Share Volume is Zero)."
[ August 24, 2006, 23:45: Message edited by: P Rowds ]
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN? Posts: 600 | From: CO, WI, contracting in Iraq... | Registered: May 2006
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quote:Originally posted by cassity: I've checked several companies and so far CSHD has the most shorts I've seen. Almost our average trading volume. HMMMMMMMMM
That doesn't seem right Cassity, I took a look too. OCAI is three times more shorted than CSHD. We have 2.4 mil shorted. OCAI has 6.4 mil shorted. Check this link without the spaces and use the form calculator
h t t p : / / o t c b b . c o m/asp/OTCE_Short_Interest.asp
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast Posts: 457 | From: Miami, Florida | Registered: May 2006
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posted
I have no doubts about this company anymore, I read some stuff tonight that I should have read and most of you have already read, that has put me completely at ease. I got burned out on this after the first couple of weeks and just let it do it's thing. Tonight I did a little DD, and read things that made me feel real good. GLTA tomorrow. G-NIGHT!
posted
Cassity the way i read the OTCE list? it may or may not account for the naked shorts (or falure to delivers)...
failure to deliver i assume to be be different from the declared shorts...
since the OTCE lit is compiled by the brokers themselves? it is "legal" shorting.. i hope this puts to rest all of the speculation about whether or not a "pennystock" can be shorted...
they can... and are... now? the question in my mind is whether it's brokers, or retailers doing it thru the broker...
if it's the brokers themsaelves? that opens up a whole new can of worms... that MIGHT just 'splain why Scotty puts the call-in restrictions on a few of the hot runners...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
The total number of shares in the security that are reflected on the books and records of the reporting firms as short as defined by SEC Rule 200 as of the current month's designated settlement date.
also? remember? this number is a "snapshot" of one day of the month...
for instance? todays published number is actually for 8/15/2006
it can no longer be considered reliable information, it is just a reference...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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In a "naked" short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a "failure to deliver" or "fail").
Failures to deliver may result from either a short or a long sale. There may be legitimate reasons for a failure to deliver. For example, human or mechanical errors or processing delays can result from transferri
being short, and being naked short are two different things...
please have some others verify my DEDUCTIONS...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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the Schwab guy in the "radio" telephone-interview said their program is paying 6% on CSHD shares, but perhaps as high as 10% on overstock.com shares...
He ("Dave" as I recall) also mentioned 4 other stocks they are lending on...apparently, pennies are not the "norm," but not unheard of, either. As I understood it, there might easily be a "chain," from broker to Big Boy (eg, Bear Stearns, etc) and on to hedgie...
Whatever point "Dave" is in the chain? He's not required to know the purposes of the request, says he.
Apparently? this "leaked" from a Schwab client who has somehow knowledge of the program, apparently not illegal. One *might* get the idea that Schwab would have preferred it not be posted....
posted
One *might* get the idea that Schwab would have preferred it not be posted....
i have an account with a high$ human...
he doesn't even want to talk to me about this stuff...
the brokers themselves may be one of the real demons here..
i still have some more diggin to do... but as you can see? me and tex and a few others have been digging for awhile... even spending (wasting, losing, wahtever) a few of our own bucks ( much blood and sweat too sometimes) to find out what's really going on... and we get a little closer each time we play one of these "unusual plays"... the odd-balls are the ones that give you the hard data to compare to the rest of the market...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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