Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That March 14th end of the barrow program has absolutely nothing to do with shorting stock.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98110502
the new law says that there will be no more shorting starting march 14th even by market makers or was it no more stock borrowing to go short by market makers? and my understanding even grey sheet stocks have to be covered
it will trade without market makers trade for trade matching only.
Any short who doesn't like 90% returns over night is an idiot. The daily "fees" are based on the reduced value of the position. So a 90% gain means fees on the tiny 10% left which would be say 1% annually aka basically nothing.
Agreed, cover when it begins trading again in case of rally. Shorting doesn't change. The fee structure is the same as it's been for decades. If there's any shorts in AVNE they are happy right now.
The shorts I know don't like it. And there's always the danger that the thing, even if moribund, will have a brief run.
Shorting isn't the same as it once was. As long as they have a position open, they pay daily fees.
Suspension means shareholders are porked 99% of the time though there is a first time for everything.
That's bull. Shorts don't "need" to cover and a 90% tankage is even better. A short can leave his position open indefinitely unless forced to cover. There is no incentive to cover if a stock is dead.
It will trade again March 19th on the Grey Market.
No, it doesn't work that way. The suspension will end automatically at midnight on the day given in the suspension notice.
It will be eligible to be traded on the Grey Market the next day. Some formerly suspended stocks begin trading right away. Others don't trade for a few hours, or even a few days. It all depends on the amount of interest, and on who feels like being the first to take the plunge.
Some brokerages require that clients call in to make trades, but most all online trading of Greys.
Market makers will not be allowed to make a market or publish quotes. You will, however, be able to see the trades as they happen, and to follow time and sales. If you want to trade, it'll be up to you to enter a limit order for a price you think will be acceptable. Trades will be matched, and the MMs, who will facilitate them, are entirely free to accept only the orders they want to accept.
Usually trading will be extremely volatile for awhile. Usually on the first day the stock price drops 60-80%. Subsequently it may tick up a bit. Eventually it'll plateau, as volume drops to almost nothing.
As for clearing up the issues, that's unlikely to happen anytime soon. Probably the SEC is conducting an investigation, and they take a long time.
I've never had a stock suspended before. What are the chances this trades again? It seems the discrepancy from iEquity acquiring control, combined with the SKTO pr that contradicted the AVNE pr, is what caused this. If they clear up the issues, does it just resume trading?
Don't you think it makes sense that a shorter called the SEC? Not talking about a regular shorter but someone who is a big player shorter.
No. Contrary to popular belief, shorts don't want suspensions. They take the price down, but make it more difficult for them to cover.
CEO will prove company is current on there filings…
Relevance? Obviously they're current with their filings. Anyone can make that determination. It has nothing to do with why they were suspended.
where are the insiders saying this is not right, that this is unamerican and that they will fight this tooth and nail?
Some companies whose stocks are suspended do make statements, usually saying merely that they're "cooperating with the SEC and hope to resolve this matter soon". Normally, they do that either immediately after the suspension, or once the stock has resumed trading. The "matter" is never resolved "soon".
Others don't comment at all. Some are never heard from again.
No... Even if a "shorter" filed a complaint. The SEC obviously found some issues that warranted a 10 day suspension. The SEC does not take a suspension lightly, they know it will kill the stock.
The SEC has already "looked into it" and came to the conclusion to suspend. It's already a done deal. There will be no green lights or clearance from the SEC.
In the end the company and the stock will be left to die on the Grey Market...
Here's my take on suspension. Don't you think it makes sense that a shorter called the SEC? Not talking about a regular shorter but someone who is a big player shorter. When AVNE does its split think how much a shorter would have to cover and how much money they would lose. Once the SEC gets a complaint they have to look into it. I believe after they do it will come back clear and AVNE will get the green light and in the end it will look better for AVNE. Just my thoughts!
If "little richard" has proof, as was "alleged".......
by the poster I responded to, that the Hipple Dumpling Gang or anyone else is responsible for the suspension, then "little richard" MUST give the info to the SEC.
The poster suggested "little richard" may just keep quiet so the bad guys don't get in trouble.
I suggest "little richard" has no choice but to look out for shareholders, not the human debris at iEquity.
Clear enough?
Sorry if I wasn't earlier.
Thanks
Aventura Equities Inc (AVNE)
"Novice I see.............................................."
Yup..........................................WE WILL SEE.
"peace"
Novice I see. CEO will prove company is current on there filings... Patience we will see. I have play money, what ever happens no loss to me.. I'm thinking of others who have a big position...ENJOY....
Aventura Equities Inc (AVNE)
Even if I believed that is all that you had gambled here, my response would still be.................."Can a Buffalo Skate"............we lay down our money and we take our chances, sometimes we win, sometimes we loose...................END OF STORY.
"peace"
AVNE HA HA look
Contact Info
225 Industrial Dr
Georgetown, SC 29440
and they are in the bio reactor algae business on massive amounts of land but they never say how much $$ they make or even if the shareholders of avne own anything...
•Capital Change=shs decreased by 1 for 1500 split. Pay date=06/23/2005. for what reason was this reverse split? and now they want to forward split? for what reason? they just shot themselves in the foot big time. actions like this get under the skin of the sec.
Website: http://www.aventuraequities.com
Phone: 843-647-7464
Email: admin@aventuraequities.com
the web page refers to go daddy websight ha ha ha they disappeared!!
janice i am a shareholder and i got reversed and i can't do much but now it seems that avne and their drawer full of scum scam s will be alleviated from further harm. where are the insiders saying this is not right, that this is unamerican and that they will fight this tooth and nail?
AVNE on the Grey Market...
http://www.otcmarkets.com/stock/AVNE/company-info
Agree something is fishy with the companies..
Couple of words that come to mind when I see how people could all of a sudden switch sides are Bipolar, flip flopper...
I love time, because sooner or later the truth shall all be revealed.
Aegy=$$$$$$$=pharmajanes.
Small so your saying Dick screwed everyone...
So DICK is a "little richard", huh?........geez
Unfortunately for you, AVNE probably cannot defend itself before the SEC without exposing IEquity's negligent confusion (at best), or deceptions (seems likely in my opinion), or outright lies (at worst).
DICK has a responsibility to shareholders, not iEquity. If they screwed the company over he has NO FREAKIN' choice but to expose those POS.
From what I have been told, you guys are all pointing the finger at the wrong party. Unfortunately for you, AVNE probably cannot defend itself before the SEC without exposing IEquity's negligent confusion (at best), or deceptions (seems likely in my opinion), or outright lies (at worst).
Doesn't help the situation...Who cares about the situation. These a holes caused a panic sell off with their so called fraudulent press release. Did I equity set them up, we will find out. SKTO management hasn't denied the press release by AVNE, only a out of the loop SKTO employee was speaking in that SKTO clarification statement.
Hey can I get an IOU for my 1000 bucks...
Aventura Equities Inc (AVNE)
I would have to agree. Even though this is a litigious society we live in, and any one can sue for anything at any time. Suing for what?..............and it doesn't help the situation at all.
"peace"
Funny $hit though..................had to laugh out loud.
AVNE you got that right!!you won't hear insiders explaining to shareholders either about anything period in the future either.just plain scam and just plain old 3 stooges scum
avne isn't going to sue shit.
AVNE OK THEN YOU EXPLAIN IT ALSO WHY ALL THE INFO IN THE I BOX HAS DISAPPEARED? HOW COME NO P R ABOUT THE SUSPENSION BY THE SEC?
THIS GUY IS NOT RELATED TO SKTO/AVNE?
http://www.linkedin.com/in/jeffbenz
The Commission temporarily suspended trading in the securities of Aventura because of
questions concerning the adequacy and accuracy of publicly available information about
Aventura, including, among other things, its financial condition, the control of the company, its
business operations, and trading in its securities.
http://www.sec.gov/litigation/suspensions/2014/34-71647.pdf
EVEN A THIRD GRADER KNOWS ABOUT THE CHANGES AND RED FLAGS THAT CAN CAUSE SEC SCRUTINY. WHERE HAVE THESE THREE STOOGES BEEN?
AVNE and the IEquity folks do not have the same attorneys. Most of what you're saying seems to apply to IEquity, not to AVNE, which is not "run by three stooges."
AVNE facts are stubborn things and they give headaches
1. avne r/s a few years ago red flag
2.avne pr about forward split red flag big red flag
3.avne p r buying or selling 100% stock to a co. BIG SEC RED FLAG
THESE THINGS BEING accomplished by a shell that has failed in several r/ms is automatically held in suspect of being nothing more than a scam.
i hope it gives a head ache to all concerned because it certainly gives shareholders a head ache.
BOTH HAVE SAME ATTYS , GO BACK AND VIEW JANICE SHELL MESSAGES TO THIS BOARD FROM YESTERDAY.
AVNE is going to sue who? why they can't even file their paperwork right. they did a reverse split back a few years ago too. that got the sec attention. they have a co. buying another co. shares but that co. has got the same atty as the other co. benz ,who obviously doesn't understand how the sec works today. 6 yrs ago the sec put down mandates and cautions and controls. 1. any co. that wants to do r/s are subject to scam investigation, 2. any co. that threatens to forward split had better be a co. that actually reports and makes money, the others are considered scam manipulation to circumvent the market place , or the market makers. 3. any co. that is buying another co 100% stock had better not be related in ANY WAY TO THE CO. IN QUESTION FOR TAKE OVER OTHERWISE IT IS CONSTRUED AS AN OBVIOUS SCAM.
THIS CO. IS RUN BY THREE STOOGES WHO CANNOT WILL NOT UNDERSTAND HOW THINGS WORK TODAY THUS GREY SHEETS..
IF ANY LAW SUITS WERE TO HAPPEN IT SHOULD BE THE SHAREHOLDER BASE SUING TO GET THEIR MONEY BACK FOR THEIR LOSSES FROM THE INSIDERS..LIKE BENZ AND THE OTHER TWO STOOGES IMO.
You are suggesting AVNE has the information.....
needed to satisfy the SEC, right?
That means SKTO lied and they will get suspended perhaps.
DICK owes it to shareholders to provide the info you suggest exist and to hell with Hjpple/Jan.
Jeez, read the AVNE press release and figure it out. The definitive agreement was signed on behalf of AVNE and on behalf of IEquity.
You said he signed those legal documents too.......
right?
How is it you know what they are, what they say, but have never seen them?
No, they're not publicly available and I haven't seen them - but Henry Jan has.
If AVNE brings a lawsuit over this, I expect that the documents will be filed as exhibits to the complaint.
I stand Corrected....
What legal documents? Can you provide them?.......
Thx
C'monnnn, we have been through this already. IEquity does NOT have a controlling interest in AVNE (check AVNE's filings!), and will not. Their saying that they did caused the problem for AVNE, but I strongly suspect that their having lied about it will soon cause a problem for them.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98319747
Good for you on not being in heavy. Just hope all did not listen on the AVNE mess. Hope they can get back to trading as it is really bad what happened here.
I do not think the other 2 that were looked at the past year from all aspects are in any danger.
So are AEGY and AVNE connected in anyway? I really don't think so
No.. I sold AEGY and most my AVNE last week.. Iequity has a mess on there hands..
It was tempting ... But I've been sticking with the subbies, very surprised with this.
Maybe it's just a "mole hill" for now........maybe
it will become a mountain.
The other tickers.......
Benz.....
Newsom's political career......
Maybe it's just a "mole hill"........for now.
Perhaps Allyn could explain it all to Larry the King when it becomes a "mountain". I'm sure the shareholders that didn't print shares would appreciate it.
GTT, thanks for the reply, hope the day works out for the good. gl~
Followers
|
210
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
38908
|
Created
|
03/16/06
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |