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It was crazy stuff - a stinky pinky with a long r/s history gets mentioned in hearings. Hell I, technically was majority shareholder as I had 1 MM of the 1.2 MM o/s but then again so did some others. Imagine that shaerholder meeting 1.2 MM o/s and 3 guys with a million shares each LOL
Holy smoke.............wow
That reads like a cartoon.....love the part about all being legal and proper and the part where they discourage investors from getting certificates.......could be because they do not have them.
Thanks for the post......I know it was old but, man eye opening for me.
Hi Just4Fun2! Are you still invested in Global Links Corp? Any news or updates you might have?
What's going on with GLobal Links Copr? Anyone still playing hard here?
What does "WTF" stand for, "Wait til february" - $1.00
It's hard to understand how a POS company like this can have a stock price of .17 when legit companies are struggling to survive. I suffered through two reverses and now have 4 shares to my name. Once it reaches $1500 a share I can break even.
GLKC seems way to high for me but if they have not issued any new shares it might be ok.
Real estate...that rings a bell.
I did about 500% on it but not the kind of money you did. Where's it going from here? Care to venture a guess? BTW...I have no intention of buying.
The naked shorting barking seems to have lost its bite here but I did check the other day and they are STILL on the SHO list :)
GLKC - what do they do? I made $40k us almost off of the stock - I think they may be in real estate
Yeah, I've been watching it all morning...strange stuff.
I bought in on this back after the R/S for .0137. Rode the wild ride for a few months but let it go back in June when I thought I heard the dilution machine firing up. I know, I know...never cry over a profit.
What does this company do anyway? lol
Illegal Naked Short Selling Update with Wes Christian & Sean Greenwood
on "Corporate Strategies with Tim Connolly" Sunday, July 10th 9:00 P.M.
ET
HOUSTON, TEXAS - (PRWEB) -Tuesday, July 5, 2005
A special two hour, live call in report on Illegal Naked Short Selling
with attorneys Wes Christian and Sean Greenwood will air Sunday night,
July 10 at 9 pm EDT. John O'Quinn's lead litigator on illegal naked
short selling, Wes Christian, will disclose the latest winning decisions
in court and the SEC and will discuss what he believes is a trillion
dollar damage scenario for common shareholders. Listeners may call in
questions live and toll free to Wes, Sean and Tim Connolly at
1-866-606-TALK (8255). Recent guests of the show have included
Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's
CEO Tilman Fertitta, Changewave Research's Tobin Smith, Mario Gabelli,
former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer,
Money Manager Louis Navellier, and many others. The Business Talk Radio
Show may be heard on KSEV AM 700 in Houston, 740 AM WSBR in Boca Raton,
Florida and on over 375 affiliate stations nationwide listed at CRN1
www.cableradionetwork.com, or on the Internet at
www.businesstalkradio.net. This hour of "Corporate Strategies with Tim
Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant
Bankers (www.corporate-strategies.net). Noted Economist Mike King of
Princeton Research provides live technical analysis for the show.
About Wes Christian - Wes received his Bachelor of Science degree from
West Texas State University in 1975 (now West Texas A&M University) and
his Doctor of Jurisprudence from South Texas College of Law in 1978. In
addition to the Texas State Bar, Wes is also admitted to practice before
the United States District Court for the Southern District of Texas,
United States District Court for the Northern District of Texas, United
States Court of Appeals, Fifth Circuit, United States Tax Court, United
States Court of Claims, United States Court of Customs and Patent
Appeals, and the United States District Court for the Western District
of Colorado. Wes' practice from 1978 to 1993 was principally
concentrated in real estate and business organizations. Since this
time, he has devoted a considerable percentage of his practice time to
commercial litigation, including a number of hundred million dollar
cases. Wes has served and is presently serving as a board member of
several privately held and public corporations across the country. Wes
is a member of the Houston Bar Association, the State Bar of Texas, the
American Trial Lawyers, and the American Bar Association.
About Corporate Strategies, Inc. - Corporate Strategies, Inc.
(www.corporate-strategies.net) is a Merchant Bank in the traditional
European sense of the word. As the term has evolved from the 18th
Century to today, Merchant Banking describes an enterprise that not only
finances a company's product or service, but also assists in developing
a comprehensive business strategy. Corporate Strategies is comprised of
seasoned executives with extensive experience in merchant banking,
including business development and strategy, public and private company
corporate finance, capital markets research, human resources, due
diligence and transaction negotiation and execution.
"Corporate Strategies with Tim Connolly" is live talk radio...with the
Titans of Business who move financial markets! The show is hosted by Tim
Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The
Executive Producer of the show is broadcast news veteran Jan Carson, an
award winning journalist with more than 20 years experience as a
top-rated television news anchor and reporter for NBC, ABC and CBS
network affiliates. "Corporate Strategies with Tim Connolly" features
financial experts from across the nation providing the latest
intelligence on equities, income investments, and a variety of risk,
equity and option strategies
________________________________________________________________________
_________________________
Contact: Contact:
Contact:
Darla Blaha Wes Christian
Sean Greenwood
Corporate Startegies, Inc. CSJ Law
CSJ Law
713-621-2737 713-659-7617
713-659-7617
news@corporate-strategies.net jwc@csj-law.com
This thing is 11 cents - IM all out for my last 130k at 7,5 this week - I thought I was lucky to get that.
Cheers GLKC very very kind to me with over $35,000 total profit
Good call so far on the possible trap. I was sitting on "free" shares and wish I held a hew just for fun. Next week is the "vote" for the increase in A.S.
* Not a bash...and I am holding no shares.
Global Links and E(Short)Trade News:
http://www.ncans.net/wf-et-ftd.htm
Sounds stupid but for the naked shorters for them to start shorting again in light of the possible dilution coming. Time will tell what this is about. R/S of 1:350 would give us a share price of $28! Hmmm, also new A/S is very high. Normally shorters get very excited about this. Anyway just a thought IMHO
GLOBAL LINKS CORP.
3571 EAST SUNSET ROAD
LAS VEGAS, NEVADA 89120
TELEPHONE (702) 436-7007
June 13, 2005
To Our Stockholders:
The purpose of this information statement is to inform the holders of record of shares of our common stock as of the close of business on the record date, May 31, 2005, that our board of directors has recommended, and that the holder of the majority of our voting power of our outstanding capital stock intends to vote on July 5, 2005 to approve the following corporate actions:
1. An amendment to our articles of incorporation to increase the authorized number of shares of our common stock from 5,428,571 to 600,000,000;
2. Grant of discretionary authority to our board of directors to implement a reverse split of our common stock on the basis of one post-consolidation share for up to each 350 pre-consolidation shares to occur at some time within 12 months of the date of this information statement, with the exact time of the reverse split to be determined by the board of directors; and
3. Approval of the Global Links Corp. Stock Plan for the Year 2004 No. 3, adopted by the directors on July 19, 2004, as amended on December 17, 2004, with 799,000,000 shares in the aggregate authorized for issuance under the Plan.
As of the record date, 4,428,362 shares of our common stock were issued and outstanding and 15,000,000 shares of our Series B preferred stock were issued and outstanding. Each share of the common stock outstanding entitles the holder to one vote on all matters brought before the common stockholders. On all matters submitted to a vote of the holders of our common stock, including, without limitation, the election of directors, a holder of shares of the Series B preferred stock shall be entitled to the number of votes on such matters equal to the number of shares of the Series B preferred stock held by such holder multiplied by 20.
We have a consenting stockholder, Frank J. Dobrucki, our president and chief executive officer, who holds 32 shares of our common stock and 12,590,000 shares of our Series B preferred stock. Therefore, Mr. Dobrucki will have the power to vote 251,800,032 shares of our common stock, which number exceeds the majority of the issued and outstanding shares of the common stock on the record date.
Mr. Dobrucki will vote for the amendment to our articles of incorporation (Proposal 1), for the grant of the discretionary authority to our directors to implement a reverse stock split (Proposal 2) and to approve the Stock Plan (Proposal 3). Mr. Dobrucki will have the power to approve the proposed corporate actions without the concurrence of any of our other stockholders.
WE ARE NOT ASKING FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
We appreciate your continued interest in Global Links Corp.
Very truly yours,
/s/ Frank J. Dobrucki
Frank J. Dobrucki
President and Chief Executive Officer
It's all in black and white, were do you see the trap, about 600,000,000.00 AS and a RS comming 350 to 1 , like it or not this baby is going down, just like the titanic, everyone grab a life raft while there going.
a trap for whom?
Looks like a trap to me...
Yeah, I saw that...caught me half asleep this morning...
Well, was fun while it lasted. So much for stickin it to shortie..lol
I got out at .06... Not too bad from a buy at .0137...But once again, my greed gets the best of me. GLTY
Read the news release on www.pinksheets.com
She going to the bottom 600,000,000 AS and a RS on it's way.
This stock is screwed now, real good , everybody bail, quick, were going down....................!!!! F%@^%K
Today? I'm not showing any volume today...
You looking at yesterday's close of 07?
Glkc taken a hammering today it must be shorted all to hell or the MM would't be trying so hard to pull the rug out from under us so much ........!!!!!!
10 bagger??? wow try 150 bagger at its peak
GLKC filed yesterday - this should get intersting soon IMHO. I own 110K myself and know of others being invested heavily. The O/S is around 4 million - there MUST be a huge naked short IMHO. A little patient might be needed but possible reward is tremendous IMO.
StockGate: Senate Democratic Leader Joins Republican Leader In Regulation SHO Concerns
May 16, 2005 (financialwire.net via COMTEX) -- May 16, 2005 (FinancialWire)
Another high-ranking Senate figure, the Democratic Whip Senator Richard Durbin
(D-IL) has joined the Republican Whip, U.S. Senator Robert Bennett (R-UT) in
questioning U.S. Securities and Exchange Commission Chair William Donaldson
about what they perceive as the failure of "Regulation SHO" to curtail
law-breakers.
In a recent FinancialWire exclusive, a shareholder, Dennis Smith, was told in an
email by Wells Fargo (NYSE: WFC) that it can not provide delivery of Global
Links (OTC: GLKC) because it and E*Trade Group (NYSE: ET) are hopelessly short.
The individual who started the controversy, Robert Simpson, has said he has also
been unable to get delivery from Oppenheimer Holdings (NYSE: OPY).
Some have suggested that Simpson might be able to file for an injunction against
Oppenheimer, in its dual role of market-making, if it continues to sell stock in
a company whose shares it has already stated it can not deliver.
Senator Durbin's letter to Donaldson appears to sharply contest the Depository
Trust & Clearing Corp.'s contention that it has no role in Regulation SHO.
"I am writing to request information regarding the June 23, 2004 Securities
and Exchange Commission (SEC) short sale regulation, designated Regulation SHO.
On March 9, 2005, the Senate Committee on Banking, Housing, and Urban Affairs
held a hearing on Regulation SHO, in which Chairman Bennett spoke with you about
the regulation's effects on the illegal practice of naked short selling. I thank
you for your testimony and I hope that you can follow up on some of my concerns
not fully addressed by the Banking Committee hearings.
"I appreciate the efforts of the Securities and Exchange Commission (SEC) to
control abusive short selling practices. As a result of Regulation SHO, the
names of firms with large amounts of unsettled shares are published on the
Threshold Security List daily. This list assists individual investors in making
informed decisions about potential manipulation of the market, and gives
regulators and investigators a centralized list of firms with significant
numbers of undelivered shares. However, it has come to my attention that
Regulation SHO may not be curtailing abusive naked short selling practices.
Full story at:
http://quotes.freerealtime.com/rt/frt/N?symbol=GLKC&art=C2005051600136r5491&SA=Latest%20News
well looks like maybe a 20% plus gainer day again with late action
Not even a trade and other than some Premarket jockeying on Level 2 I have seen much chage there yet
Hopefully things start moving now,
I would lov to see it at 4,165.00 a share that would be sweet!!!!!!!! it held that for a month or more befor droping off, at one time this stock was 1,65000.00 a share and held this for a while, only time will tell if this goes back up or not i sure hope its shorted that bad!!!!
did you see the last half hour - all buys at the ask right up to .0995 . Only one trade all day before the last half hour
Hmm...something got shorty all riled up at the close today :)
Run shorty, run!
YEP all us naked canadian shorters caused all the problems LOL - all we had was a few rogue brokerage houses in vancouver that would take anyones money and do anything to make a buck - And rest assured most of that shorting activity which went through UNION etc originated in the goodl OLE USA. They just use those brokers as the conduit.
And as you and I know those brokers have all been shut down 2 years now
Yup and they always blamed Canada for Naked Shorting.Only to find its right in there back yard USA.Unreal crap can go n like this in the USA.
PS It would not surprise me at all to find the USA government involved some how as the USA needs 2 billion dollars a day to fund there needs.Who supply's 2 billion a day to the USA government?The markets is and where wealth is created and lost is it not?
check out this.
This was emailed to me from another board. Looks like I am not the only one unable to get certs! Go GLKC!!!
THe following are e-mails that someone has been sending/receiving from his broker Wells Fargo.
E-Trade Red Flag? A Certificate Dance:
« Thread started on: Today at 08:30:23 »
--------------------------------------------------------------------------------
A few days after Utah's Senator Bennett cited GLCK as a shorted poster child I made two modest purchases, one for 3500 shares through Ameritrade and the other for 3600 shares through Wells Fargo. I thought it might be interesting to prove a short position first hand by purchasing shares in a company that reportedly already had over 100% of it's shares sold (and "legally" documented). I was a little surprised that both buys filled within 10 minutes. Just after settlement date (three days later), I requested certificates from both brokers. The cert ordered through Ameritrade appeared in three weeks with an Ameritrade return address. The cert had a pasted on cusip number which prompted me to call the transfer agent to confirm authenticity. The TA checked his books, found my name in the proper place with the proper cert # and also shared the fact that the SEC had been in their office recently auditing the books re GLCK. As an aside, the young man I spoke with at the TA office (he was not the boss) was largely in the dark on the issue of failures to deliver so I directed him to a few salient web sites.
Getting the Wells Fargo cert however has become predictably (and almost amusingly) problematic. I found it interesting that Wells Fargo (at first) felt free to communicate in a forthright manner in their written responses to my emails. So, FWIW, following is a blow by blow account of the "GLKC Certificate Dance" with Wells Fargo and where the unfulfilled request stands as of now: that Wells Fargo would actually name E-Trade as the short broker/dealer is additional food for thought and a possible giant red flag, IMO.
----- Original Message -----
From: "Online Brokerage Customer Service" To: < Sent: Monday, April 18, 2005 1:56 PM
Subject: Re : Your Wells Fargo Inquiry (#7482-003312-9002\33129002)
>
> Dear Dennis Smith:
>
> Thank you for sending us your inquiry regarding a certificate for your
> Global Links position.
>
> We are researching your request and will contact you directly as soon as
> we have completed our investigation. Please allow us five business days to
> complete our research.
>
> Meanwhile, if you have any questions, or would like additional assistance
> with your account, please do not hesitate to call us anytime at
> 1-800-TRADERS (1-800-872-3377).
Sincerely,
>
> Wells Fargo Investments
***********************************************************************
It's been five days. What kind of "investigation" are you doing? It seems to me a rather simple
request.
What's up?
Dennis Smith
************************************************************************
> Dear Dennis Smith:
„« > Thank you for your patience.
>
> Your position is now available to trade. We were awaiting full delivery
> of the shares from the transfer agent. Unfortunately, due to some unusual
> circumstances, this took longer than we expected. We regret any
> inconvenience this may have caused.
>
> If you have any questions, or would like additional assistance with your
> account, please do not hesitate to call us anytime at 1-800-TRADERS
> (1-800-872-3377).
>
> Thank you for your business and your continuing relationship with Wells
> Fargo Investments.
>
> Sincerely,
>
> Wells Fargo Investments
**********************************************************************
Dear Wells Fargo:
Could you please tell me what the above message means? What exactly are the
"unusual circumstances"?...I do indeed notice inexplicable (at least to me)
entries regarding GLKC under my "history" and would appreciate a clear
explanation. Also, what is meant by "your position is now available to
trade? My understanding is that "my position" has been available for trade
since settlement date and should have been continuing until the certificates
(that I requested weeks ago) were mailed. Have you now in fact received the
certificate(s)? Have they been mailed to me per my original request? If
not, when may I expect them?
Thank you in advance for your reply enlightening me regarding all the above.
Dennis Smith
**********************************************************************************8
Dear Dennis Smith:
We have re-requested the delivery of a certificate for your GLKC shares. However, we are still unable to ship a certificate for those shares at this time. Below is a brief explanation regarding this situation.
The broker/dealer from whom your shares were purchased is short 5,000,000 shares versus the street. A broker/dealer is allowed to sell shares which they do not own, which they will buy at a later date and deliver. Unfortunately, certificates cannot be issued on those shares until the shares are actually delivered to us.
We attempted to purchase shares into our house account from another broker/dealer in order to issue your certificate. However, the only broker/dealer offering shares of GLKC in the market is the one from whom we purchased the original shares.
The notations you are seeing in your account history are requests to issue your certificate when the shares are delivered to us from the other broker/dealer. Each day the request is being delayed pending the delivery of the shares to us.
While we are unable to issue a certificate for the position, you may trade the shares at any time.
If you have any questions, or would like additional assistance with your account, please do not hesitate to call us anytime at 1-800-TRADERS (1-800-872-3377).
Thank you for your business and your continuing relationship with Wells Fargo Investments.
Sincerely,
Wells Fargo Investments
Investment and Insurance Products:
Are NOT Insured by the FDIC or any other government agency - Are NOT deposits of or guaranteed by the Bank or any Bank affiliate - May Lose Value
******************************************************************************
Dear Wells Fargo:
Thank you for both the information and for the promptness of response.
I'm a little new to all this but am nonetheless concerned about a
broker/dealers apparent ability to "sell what they don't own" until a
"later" date. Exactly how later is "later"? Is not a 5,000,000 short
position cause for alarm? What happens if my shares are simply electronic
counterfeits which are never covered (I believe in that instance they are
called "naked shorts" or "failures to deliver") and for which no
certificates will ever be available? What would be your position? Who is
the subject "broker/dealer" from whom you acquired my "shares" and what is
that dealer telling you about his apparent failure to deliver? As I
understand it, a shareholder is entitled to physical certificates in every
event, assuming the buy was legitimate.
There seems to be something rather suspect going on here and I'm wondering
if WF (and by extension my wife and I) might be the victim of questionable
trade practices by your market maker.
I am growing quite concerned about all of the above. Thank you in advance
for your response addressing those concerns.
Dennis Smith
*************************************************************************************
> Dear Dennis Smith:
>
> Thank you for your inquiry.
>
> The other broker/dealer who is short shares of your security is E*Trade.
> Though this type of activity makes it difficult to issue physical
> certificates, it is legal and within regulations.
>
> There is no definite date by which E*Trade would have to purchase the
> shares. In many cases, a broker/dealer will sell shares they don't hold
> hoping that the price will fall. If it does fall, the broker/dealer will
> buy the shares at that time, and deliver those newly acquired shares,
> making a profit. If the stock price continues to rise, the broker/dealer
> will eventually buy the shares and deliver them to prevent any additional
> losses.
>
> According to our trading desk, E*Trade was the only broker/dealer offering
> shares of GLKC yesterday. This has been the case since you originally
> requested your certificate. Anybody who has purchased this security in
> that time period has likely purchased the shares from E*Trade.
>
> You are free to sell the shares anytime. When E*Trade acquires shares,
> they would be delivered to the current owner. However, a certificate
> cannot be issued until the shares are actually received.
>
> A vast majority of equity positions are held in street name. Very few
> physical certificates are produced at this time. Client positions are
> held electronically by brokerage firms.
>
> A physical certificate may be produced for most positions if the client
> wishes to hold the certificate personally. In most cases, physical
> certificates are discouraged. When shares are to be sold, the physical
> certificate needs to be verified and then deposited in your account, where
> it than then be sold. This frequently delays the sale. Shares held
> electronically can be sold at any time, without delay, during market
> hours.
>
> We apologize if this is confusing. Additional information is available at
> the New York Stock Exchange Web site (www.nyse.com), the Nasdaq Web site
> (www.nasdaq.com) the the US Securities and Exchange Commission
> (www.sec.gov).
>
> If you have any questions, or would like additional assistance with your
> account, please do not hesitate to call us anytime at 1-800-TRADERS
> (1-800-872-3377).
>
> Thank you for your business and your continuing relationship with Wells
> Fargo Investments.
>
> Sincerely,
>
> Wells Fargo Investments
>
> Investment and Insurance Products:
> Are NOT Insured by the FDIC or any other government agency - Are NOT
> deposits of or guaranteed by the Bank or any Bank affiliate - May Lose
> Value
*********************************************************************************
« Last Edit: Today at 08:33:44 by particleswaves » Logged
--------------------------------------------------------------------------------
particleswaves
Diamondologist
member is online
Posts: 355
Re: E-Trade Red Flag? A Certificate Dance:
« Reply #1 on: Today at 08:31:13 »
--------------------------------------------------------------------------------
Dear Wells Fargo:
Thank you again for your prompt and informative response(s) to my concerns
re difficulty in obtaining certificates for GLCK. While I appreciate the
"education" this appears to be an extremely murky and suspect situation. I
am left with the uneasy feeling that my GLCK shares are no more than
electronic counterfeits if there are no company issued (or Transfer Agent
issued) certificates to back them up.
You stated there is no definite date by which E-Trade has to purchase the
"short" shares that they sold you and that in turn you sold me. How can this
be "legal"? What is to prevent them from continuing to sell what they don't
own while subsequently refusing to buy the shares back if there are no time
constraints? Does this not onerously dilute the value of the legitimate,
certificate backed shares if "short" or non-certificate backed shares are
allowed to trade along side the true "long" shares? Again, I'm rather new to
all this but it seems elementary that the more shares (legit or "short")
there are in the trading pool, the less each individual share is worth. In
your earlier correspondence you stated the broker/dealer (E-Trade) was some
5,000,000 shares "short" on GLCK which indicates they have been selling what
they don't own to a lot of people for a long time. The SEC appears
conflicted (and toothless) on this issue so where's the incentive to cover?
Collecting money for repeatedly (and blatantly) selling something you don't
own does not sound "legal" to me at all. How can this be?
You also indicated that physical certificates were "discouraged" in favor of
electronic entries to be held in "street name". Discouraged by whom? I would
imagine that the "discouragement" is coming from the very people who sell
short with no intention of covering and/or those who have apparently found
out how easy it is to counterfeit electronic shares through the DTC's stock
borrow program. My research on the DTC reveals that they (at lest so far)
refuse to open their books, even though I understand they are a private and
for profit entity. Please correct me if I am wrong.
My bottom line is this. I demand the physical GLCK certificate(s)
representing the shares I purchased. I do not intend to sell any time soon
and intend to sequester the certificate(s) alongside certain other stock
certificates that I retain for safe keeping and proof of ownership. I do not
accept what appear to be bogus "electronic entries", particularly in light
of what you have told me about E-Trade being egregiously short on this
particular stock (and who knows how many others). You say E-Trade refuses or
is unable to supply the certificate at this time but at some undetermined
point down the road when and if the price changes and when and if it is in
E-Trade's perceived advantage they perhaps may deign to cover their short(s)
and deliver the certificate (receipt) for what they "sold". That is simply
unacceptable. In any event, I did not buy from E-Trade; I bought from Wells
Fargo. Additionally, your disclaimer of any insurance or guarantee does
nothing to inspire confidence in the legitimacy of my purchase.
I dislike having to be "cheeky" or "in your face" about this, but I reject
the electronic entry and again demand physical proof of my purchase in
certificate form. It appears that both you and I are being taken for an
unwelcome ride; what say you?
Thank you in advance for your attention to this matter.
Dennis Smith
**************************************************************
Dear Dennis Smith:
Thank you for your inquiry.
We have received your request for physical certificates. As soon as we are able to order a physical certificate for you, we will do so.
To trade shares in physical certificate form through a brokerage account, the certificates must be delivered to the brokerage firm, verified and deposited. This frequently delays trading the shares by a number of days. In addition, physical certificates can be misplaced, and replacement can by a lengthy process and involve some replacement cost. Finally, if a merger or other corporate reorganization occurs, physical certificates may have to be delivered to the transfer agent, and a new certificate issued. Certificates often surface years after a company has merged, or had repeated reorganizations, and then must be researched and replaced. For these reasons, most brokerage firms discourage the production of physical certificates.
If you would like additional information regarding how trading occurs on the nasdaq and on stock exchanges, please visit the New York Stock Exchange Web site (www.nyse.com), the Nasdaq Web site (www.nasdaq.com) the the US Securities and Exchange Commission Web site (www.sec.gov).
We are unable to provide regulatory details via email.
If you have any questions, or would like additional assistance with your account, please do not hesitate to call us anytime at 1-800-TRADERS (1-800-872-3377).
Thank you for your business and your continuing relationship with Wells Fargo Investments.
Sincerely,
Wells Fargo Investments
Investment and Insurance Products:
Are NOT Insured by the FDIC or any other government agency - Are NOT deposits of or guaranteed by the Bank or any Bank affiliate - May Lose Value
******************************************************************************************
So, the above rather clipped message from WF was just received Fri after the close and as you will notice the tone and tenor has changed from “we’re trying to do something” to “screw you”.
Those who use E-Trade may find all this of particular interest; additionally it appears that E-Trade is one of the few broker/dealers still allowing CMKX buys (at five decimals). Not sure what conclusions (if any) can be drawn but one possible scenario may be that E-Trade will be the designated naked short patsy for all shorted stocks, take the hit for all their cohorts and simply declare BK. All the money the E-Trade principals have made from what may be illegal shorting activity could be safely stashed out of the country by now. I hasten to add I am not unequivocally stating this "scenario" as fact; the BK patsy idea is only a "possibility" surfacing in my own belabored thought process, a process that could be totally off-base and/or unduly paranoid. Or not. In any event all is in my opinion and in my experience only and offered simply as grist for the mill.
GLKC still on the SHO list, looken real good, it's only a matter of time befor the big run...............
I hope we keep this trend up all buys and no sells, than the price should start to come way up, make the MM's pay for them at a high price. I would love to see it hit back at $4165.00 per share agin that would be sweet...........
Good close today. Last 30 minutes was all buys and one little sell at the close:
Price Size Time
0.07 5000 15:55:11
0.072 6000 15:53:37
0.072 5000 15:52:26
0.072 64000 15:49:23
0.072 5000 15:49:17
0.071 5000 15:48:51
0.07 964 15:48:38
0.07 5000 15:47:51
0.07 5000 15:46:02
0.07 20000 15:45:18
0.07 5000 15:44:43
0.07 5000 15:44:13
0.069 5000 15:44:13
0.068 5000 15:43:29
0.067 5000 15:42:31
0.066 5000 15:41:54
0.065 5000 15:41:15
0.064 5036 15:40:34
0.064 10000 15:40:10
0.064 10000 15:39:39
0.063 5000 15:38:57
0.062 5100 15:38:12
0.061 5000 15:36:55
0.06 5000 15:34:44
0.06 5000 15:34:17
0.059 5000 15:33:55
0.058 5000 15:33:27
0.058 20000 15:31:53
0.058 10000 15:30:59
0.057 5000 15:30:23
I see they are holding it between .05 and .06
The MM's are trying hard to shake the investors bring it down slowly.........
You must have been taken to the cleaners on that RS.
GLKC. A pink stock no longer on Sho list whose scumbag reputation has gagged their Transfer agent while suggesting their "loyal" stockholders pull their certs.
Sounds like a real solid "investment".
Is that a run on sentance?
All the best
Time for this to break out past the .10
this should be well worth over $100.00 per share once they start covering there is no telling how high it will go, now all there doing is trying to shake the investors by riseing it a little than hammering it down so they will sell, all because they don't want to pay the high price to cover...............
IT did OK today held .10 after a slight dip. I have no idea what is next technicallly all good - PAST record all bad
Seen that tonight :)
She doubled from 7 to 14 in last 15 min today on no news
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