quote:Originally posted by PCola77: yeah tex, saw that too. Hope everyone did well on this. I took pretty much everything off the tabel until this gets figured out. I had set a sell point and it hit. Would have liked to have seen it play out more, but you can't be upset with a solid profit.
attaboy...
ya, looks like it will take a breather while the smoke clears... time for a sammich!
posted
My other thought is... if they restrict the buying and only allow selling, wouldnt that trigger an interesting short sell issue in which bagholders err I mean share holders like me hold until they hit their selling point? TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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quote:Originally posted by tmanfromtexas: My other thought is... if they restrict the buying and only allow selling, wouldnt that trigger an interesting short sell issue in which bagholders err I mean share holders like me hold until they hit their selling point? TMAN...
saw one post saying he can't buy (Ameritrade) but he's happy enough cuz former, similar plays didn't really take until *after* A-trade stopped allowing buys...fwiw
quote:Originally posted by tmanfromtexas: My other thought is... if they restrict the buying and only allow selling, wouldnt that trigger an interesting short sell issue in which bagholders err I mean share holders like me hold until they hit their selling point? TMAN...
quote:Originally posted by cottonjim: uuh oohhh, BLOOD IN THE WATER, lmao
I can smell it- just got off the phone with TDa--buy's no, sells yes, propietary info,blah,blah, SEC didn't place restriction, covering "any liability they have"
posted
Seems like its running out of steam like yesterday . Hopefully we get an EOD run but there's no telling at this point if we even make it to the EOD .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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posted
OK...Help me out here? Why do some think the SEC is going to halt? suspend? Or is it just the wonderful Brokers screwing with the buys and sells? you know so that they can cover their AZZ?
-------------------- #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
You shoulda read the IHUB board from last weekend - they were all picking out the color of their new Ferraris and wondering which beach house they were gonna build. The pro's must be laughing at all this.
Posts: 27 | Registered: Apr 2007
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quote:Originally posted by 10of13: OK...Help me out here? Why do some think the SEC is going to halt? suspend? Or is it just the wonderful Brokers screwing with the buys and sells? you know so that they can cover their AZZ?
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
But how can they cover their butts with so many unauthorized shares being traded ? There is not enough shares to cover it reguardless of the price , right ?
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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quote:Originally posted by 10of13: OK...Help me out here? Why do some think the SEC is going to halt? suspend? Or is it just the wonderful Brokers screwing with the buys and sells? you know so that they can cover their AZZ?
I am just worried they may step in because of all of the attention that this is getting and the Federal Laws that have been broken by certain parties. The O/S being way above the A/S is not what worries me. I was in one that had 240 mil. A/S and 370 mil. O/S and the SEC did nothing. I think right now it's the brokers screaming bloody murder. Watch for "no buy's, only sells".
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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quote:Originally posted by 10of13: OK...Help me out here? Why do some think the SEC is going to halt? suspend? Or is it just the wonderful Brokers screwing with the buys and sells? you know so that they can cover their AZZ?
closest similar situation = BCIT, hijacked shell & unregistered shares: suspended about 2-3 weeks after a DTC notice/pr... started with brokers locking down trades (which I still think s/b illegal, btw), of which Scottie was amnong the first.
of course whichever brokers, broker/deealers that handled the unreg shares are gonna do whatever they can...boxes, mirrors, ask a sister brokerage to restrict here n there... take advantage of panic...lol, whatever they can do.
To me, that's why brokerages should be independent of any broker/dealer...
quote:Originally posted by 10of13: OK...Help me out here? Why do some think the SEC is going to halt? suspend? Or is it just the wonderful Brokers screwing with the buys and sells? you know so that they can cover their AZZ?
I am just worried they may step in because of all of the attention that this is getting and the Federal Laws that have been broken by certain parties. The O/S being way above the A/S is not what worries me. I was in one that had 240 mil. A/S and 370 mil. O/S and the SEC did nothing. I think right now it's the brokers screaming bloody murder. Watch for "no buy's, only sells".
The SEC has stepped in for much less...we have confirmed reports of an FBI investigation and arrest warrant. Personally, I took anything off the table here...risk is much higher than the reward IMHO. $100 is better than grey sheets.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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quote:Originally posted by thesource: But how can they cover their butts with so many unauthorized shares being traded ? There is not enough shares to cover it reguardless of the price , right ?
sure...nobody really "has" any shares, just a claim on those shares... the unregistered shares are not infinite...buy back that amount, and the "real" shares can be delivered...
posted
Cotton? Was it the company that broke the "law"...? I am confused here...Brokers have been halting/restricting trades on most stocks that are doing a great run...and from what I can see...there ends up no reason for it...but for that broker to cover their own AZZ...because they are high on FTD's and bought sold the stock to their clients...so they allow their clients to 'sell" but not buy...this way they can cut down on their amount of FTD's...period...this is the way that I see it...and i could be WAY off base!
-------------------- #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
In that case, yes, supposedly it was the company that issued more than the authorized. In that case I think the SEC had every right to step in and didn't. In this case, the BHUB board and managment have, supposedly, done nothing wrong. THe trouble is being caused by outside parties. And yes, I see the FTD and restricition issue the same as you 10.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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quote:Originally posted by cottonjim: In that case, yes, supposedly it was the company that issued more than the authorized. In that case I think the SEC had every right to step in and didn't. In this case, the BHUB board and managment have, supposedly, done nothing wrong. THe trouble is being caused by outside parties. And yes, I see the FTD and restricition issue the same as you 10.
Cotton- would you agree; FTD's step 1-fraudulent shares step 2?
posted
This ones got all the bells and whistles. FTD's, Fraudulently sold shares above the A/S, couterfeight "ghost" shares by the mm's,= MASSIVE FTD, IMO. Should create the mother of all squeezes. Every share they bought back in todays panic they are going to re-sell in coming day's just adding to their own problem. All My opinion.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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quote:Originally posted by cottonjim: This ones got all the bells and whistles. FTD's, Fraudulently sold shares above the A/S, couterfeight "ghost" shares by the mm's,= MASSIVE FTD, IMO. Should create the mother of all squeezes. Every share they bought back in todays panic they are going to re-sell in coming day's just adding to their own problem. All My opinion.
posted
Oh my - I went to work came back & this looks like a completely different stock. Well, my order went through.....I see I could have gotten in at .0017.....DAMN!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
According to Scottrade home page there are no restrictions on BHUB. Tommorow is going to be an interesting day. Not that today wasn't interesting enough. I am slightly pissed that I could have sold at a loss on the way down, doubled up near the bottom and been green at the close. I need to start thinking about these things before the fact, not after.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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quote:Originally posted by BIG * B*U*C*K*S: LOTS goin on with this stock, heres what IHUB came up with this weekend
ok, I just updated the ibox (below the charts) with the following information, starting the summarization of the weekend's DD:
What occured to BHUB, In detail(a continuing work in progress):
The following are the Florida Secretary of State documents for the corporation created on July 8, 2005 by John Sparrow and Jason Wong using the name “The Bighub.com, Inc.” (FEI Number -None) http://tinyurl.com/2p43bn
Registered Agent: Wong, Jason 10151 University Blvd Suite 120 Orlando FL 32817 416-417-4779
Officer/Director Detail Sparrow, John 10151 University Blvd Suite 120 Orlando FL 32817 212-561-0762
Sparrow/Wong’s scheme was to legally create a new corporate entity, using the exact name as the original and legitimate “The Bighub.com, Inc.” (FEI Number - 650580634) http://tinyurl.com/2aac3v which was inactive since 2000, so they could hijack the publicly traded vehicle, BHUB CUSIP#089865109.
It seems that Sparrow/Wong began an account with Select American Transfer in October 2005, shortly after creating this doppelganger “The Bighub.com, Inc.” corporation in July, 2005 and sending SAT the corporate documents as proof of their control of BHUB. http://www.investorshub.com/boards/read_msg.asp?message_id=18372341
Select Amercian Transfer Company 118 Finch Ave. West Suite 35 Toronto, Ontario, M2N 7G2 Tel. (647) 722-9581 http://www.selectamericantransfer.com info*selectamericantransfer.com
The BHUB stock was basically dormant until June 2006 when it started trading with some irregularly high volume. It then traded mildly, bouncing around in the triple zeros until March 8, 2007, when it was discovered there was a link to BHUB as a potential reverse merger candidate on the Cyberhand Robotics website, which was noticed by several investors. http://www.cyberhandrobotics.com/stockquote.html
Since that March 8 date BHUB has traded billions of fraudulent shares, printed by Sparrow/Wong/Select American Transfer.
In the meantime, Yucatan Holding Company http://tinyurl.com/27d9cp the remaining legitimate controlling interest holder in “The Bighub.com, Inc.”, and the BHUB security, CUSIP#089865109 became aware of the extreme trading volume and began to investigate the situation.
Yucatan subsequently put out a press release on March 28, 2007 notifying the market of their recognition of the trading irregularity, and to dispel the rumors of the Cyberhand Robotics reverse merger. http://biz.yahoo.com/prnews/070328/clw200.html?.v=7
Registered Agent Dorrough, Jayme 1836 NE River CT Jensen Beach FL 34957
Officer/Director Detail Dorrough, Jayme 1836 NE River CT Jensen Beach FL 34957
As it stands now, Yucatan Holding Company is investigating the situation. According to conversations with Darrell Peterson, Yucatan’s consultant/public contact, Yucatan is currently undertaking the following actions:
1. Put out the 3/28/2007 press release informing the market of their awareness of the situation, that they are vigorously investigating, that they disavow any merger talks with Cyberhand Robotics, and that they are currently reviewing potential business ventures unrelated to current rumors that have surfaced. 2. Requested the DTC sheets/NOBO lists. 3. Contacted Pinksheets.com about correcting their corporate profile information, including the share structure. 4. Are trying to conduct the investigation and subsequent litigation without the involvement of the SEC. 5. Will continue to update the market as developments occur.
Some collected information of the bad actors in this case:
“John Sparrow” (it is not known if this is a real person or a fake name) and his 212-561-0762 phone number which seems to permeate many suspicious companies.
LMAO my DD just landed me with what BIG already posted. Oh - and is also on IHUB IBOX.
It is interestingly curious why when you click on bighub.com it shows you advanced growing systems inc. sure stinks in here eh? Jmo - they cried wolf when they were the ones hunting lil' red ridin' hood.
MAILING ADDRESS 10151 UNIVERSITY BLVD SUITE 120 ORLANDO FL 32817
Document Number P05000096498 FEI Number NONE Date Filed 07/08/2005 State FL Status INACTIVE Effective Date NONE Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT Event Date Filed 09/15/2006 Event Effective Date NONE
Document Images Listed below are the images available for this filing.
03/26/2007 -- Reg. Agent Resignation 03/03/2006 -- Amendment and Name Change 07/08/2005 -- Domestic Profit
THIS IS NOT OFFICIAL RECORD;
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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