posted
What is happing ? I own 95 million shares of this bought at .0001 months ago . Big brains tell me what is going on . Is this a typical R/S ? Because something smells like something big and positive could be happening .
I wonder if I should take my sell order out at .0002
Give me your feed back " PLEASE "
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
What is happing ? I own 95 million shares of this bought at .0001 months ago . Big brains tell me what is going on . Is this a typical R/S ? Because something smells like something big and positive could be happening .
I wonder if I should take my sell order out at .0002
Give me your feed back " PLEASE "
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
Short Squeeze at work! May act like PAIV a few weeks ago - some brokers made a mistake this morning.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
Trio, you now own 19,000 shares of AWYB. You can't sell your AWBV shares because they no longer exist.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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posted
And, honestly, you are probably going to lose most of your investment. I don't see this reaching 0.50 - your cost price...
Posts: 1134 | Registered: Apr 2003
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posted
Well this company has been heavily shorted in the past .It has hit bottom and zoomed very high several times in last couple of years .
Seems they could be working on things . Maybe ..I don't know .But if I sell I bet it goes up .
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
You won't lose if you don't sell. So keep watching. You do not have choice with these scam 1:5000 R/S But I doubt it will touch fifty cents...
Posts: 1134 | Registered: Apr 2003
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quote:Originally posted by triovestor: What is happing ? I own 95 million shares of this bought at .0001 months ago . Big brains tell me what is going on . Is this a typical R/S ? Because something smells like something big and positive could be happening .
I wonder if I should take my sell order out at .0002
Give me your feed back " PLEASE "
What I'm been reading is, if you sell your shares, you're gonna have to cover later on hence the short squeeze that is currently going on.
This was suppose to be another typical R/S but it seems like a brokeage house screwed up and let people sell their shares even tho they weren't allowed to and now they are being foreced to cover. At least, that's my take on it.
Anyone else care to chim in?
Posts: 3026 | From: Chicago | Registered: Oct 2005
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posted
Ok....I see that amertrade cancell the sell order automaticaly today .
Not like they did with paim " where they put me in short position that cost me thousands " And then I bought 30,500,000 shares of paim on july 10 * .0002 and my shares jumped to .0067 { but amertrade took them to cover their illegal short position into my account . My gain would have been over 200,000 dollars . Instead I lost money , all my common shars of paim { and I had a lot } and lost 28000 shares of dcbi for my retirement { had to cash them out to cover illegal short position and they took all my available cash i my account .
Even thoughS.E.C. made a complaint to them to correct my account they { *******s at ameritrade say they will not } .
And by the way . The first two amertrade representatives I spoke with when this happened saw the problem and insusted to me that " nothing to worry about " false short position and amertrade woould correct account .
Thay are *******s . To rip people off like this .My own broker makes a mistake and covers it up at first ..then when they can't they make it look like the client simply shorted his stock .
We need an attorney on this NOW!!!!!!!!!
Posts: 388 | From: redlands | Registered: Jul 2006
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quote:Originally posted by triovestor: Ok....I see that amertrade cancell the sell order automaticaly today .
Not like they did with paim " where they put me in short position that cost me thousands " And then I bought 30,500,000 shares of paim on july 10 * .0002 and my shares jumped to .0067 { but amertrade took them to cover their illegal short position into my account . My gain would have been over 200,000 dollars . Instead I lost money , all my common shars of paim { and I had a lot } and lost 28000 shares of dcbi for my retirement { had to cash them out to cover illegal short position and they took all my available cash i my account .
Even thoughS.E.C. made a complaint to them to correct my account they { *******s at ameritrade say they will not } .
And by the way . The first two amertrade representatives I spoke with when this happened saw the problem and insusted to me that " nothing to worry about " false short position and amertrade woould correct account .
Thay are *******s . To rip people off like this .My own broker makes a mistake and covers it up at first ..then when they can't they make it look like the client simply shorted his stock .
We need an attorney on this NOW!!!!!!!!!
If you sold shares this morning at the pre-split price, of course they're going to reverse the trade, that's what they should do. As far as PAIM goes, I don't really understand what you're saying. Did you dip into your margin account and were then forced to sell other securities due to a margin call?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by PCola77: With the 5000:1 reverse split the price should have been .50 at the open today. Remeber, Paiv should have ben at about 1 penny after conversion, but due to the short squeeze hit .28, or 2800%. 2800% of 50 cents is $14!!!!!! (No, I'm not predicting that, just giving a what if.)
Isn't a reverse split when they give you 1 share for multiple shares. Whereas a forward split is they give you multiple shares for 1?
-------------------- Engineering the future of finance Posts: 49 | From: Frisco | Registered: Aug 2006
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posted
All i ever see on these boards are horror stories about that piece of sh*t tdameriturd and i always wonder, "WHY THE HELL DON'T YOU ALL FIND A NEW BROKER???"
-------------------- Engineering the future of finance Posts: 49 | From: Frisco | Registered: Aug 2006
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posted
There is no need to change brokers . It is not likely that they will let this happen again .
They are usually perfect with my account . But one of their people put a trade go through on my account when trading was restricted . Thats how brokers protect their clients and it's their job to halt trading on any stock that they have been ordered to .
They simply made a mistake { human error } and a mistake that they even admited was " at first " their mistake . Once paim started to skyrocket in value and they were liable for the highest dollar amount .....They quickly denied any mistake and put the problem on the client " in a false and illegal short position .
Ameritrade knows many clients do not have the means or strength to fight them on this and will simply give up and accept it .
Several others might file a complaint like I have with the S.E.C. and cause amertrade tiny concern but that is all .
I think I will need to find a very good attorney and show amertrade I am far more willing to fight them then to give up and do nothing and allow them to rip off my account and many others ,
I gave them a reasonable amount of time to correct my account ..... Now I see they have given me and others the mighty third finger of the giant hand of TD-Amertrade .
Enjoy your arrogance a tiny bit longer " AMERTRADE "
But no more than that as the law is now coming after you with full force and federal government enforcement . S.E.C. says they are carefully watching for Ameritrades response to this shorting problem they created . The federal goverment has other means to go after them and is in contact with me and I intend to give them all the help they need . Including full access to all the records and documentation throughout my account from day one .
Everyone clearly sees that ameritrade has problem hear and needs to correct it . I have two recorded phone conversations with amertrade " apex " compliance officers that are acknowleging to me the problem they created and how it happened , that they are sorry that one of their people pushed an order through that was not supposed to trade due to the mandatory restriction to trade that all brokers were given . That they were going to correct my account and for me not to worry about it .
Well they lied and that is history now . They are back pedaling and no longer excepting guilt as the paim price went to high and to correct all accounts would cost far to much then they are willing to pay oout now for their mistake .
Posts: 388 | From: redlands | Registered: Jul 2006
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posted
ok--back to this one: anyone know the status of the various brokers? ie, which did not show a r/s, which did, etc? Which have restricted buying or selling?
posted
I just look at scottrade and they have no restrictions on buying or selling this stock. Of course things could change by the open. Who knows. But right now it's not on their list.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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Scottrade has set restrictions on the following securities due to clearing restrictions:
No Buys/Sells Only CESV CWIR CSJJ VWKM GSFT .MKZUN CMKX INOV# TRZA# MSMC# IVCO SEIH UGMI HPNN GMZC# .AFPUN GRDL USCI .FCEUN .TPWUN .TPLUN AWHB CESY INCA .AIUN RVNM AFRD .IPLUN .TAYUN ORSTF BBVAY IPPLF .PGFB .PUB .CVLUN .TRF X PHLC RVEM CWPUF No Buys & No Sells GFTX# DTSN# BTYHV## TSFYV# BCIT# PAIMPR WWYWB CITI LSRI# .PGFB PLYCF
No Buys/Sells Only - You cannot place buy orders on this security. Only sell orders can be placed.
**Symbols with the "#" after the symbol cannot be traded online. Please contact your local branch for assistance.
Symbols appearing in green text are recent additions or changes to the list.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by wallymac: I just look at scottrade and they have no restrictions on buying or selling this stock. Of course things could change by the open. Who knows. But right now it's not on their list.
Paim was great ..I bought 30,500,000 shares at .0002 on july 10 . Share price rose to .0067 . But I could not sell because amertrade created a false short position in my account . And used my shares to cover the short position .
You do the math . I paid 6,100 dollars and shares became worth 204,350 dollars . but I also had 45 million shares at .0001 bought before debenture news .
The S.E.C. agrees with me and said it is obvious Ameritrade made this mistake . They ordered ameritrade to correct my account and Ameritrade says " buz off flies " .
Posts: 388 | From: redlands | Registered: Jul 2006
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