Investor Help (NO Ihub questions)

[cintrix]

When a company does a reverse split they do not have to reverse the authorized. Some companies will reduce the authorized when they do a reverse split but they are not required to.

[wealth4ever]

I have a question. If a company does a reverse split from 14 Billion to 14 Million outstanding shares and they had 20 Billion A/S, does that mean that they can technically still release 20 Billion total back into the market?

I was thinking once a R/S takes place, the total shares available period drop. Is it really that the A/S isn't effected unless the share reduction is a reduction of the A/S and not the O/S? If my new understanding is correct, I now know what posters mean when they say "wash, rinse, repeat!" and this will change my perspective greatly with speculating...errr..."investing" in pennies. In addition, I would have a better understanding of why some people say some penny company "executives" are thieves as this seems like the perfect, and unfortunately, legal scam until the system changes or people stop speculating...errr...investing in them.

[cintrix]

Do you have a margin account or a cash account?

[sidedraft]

That's up to your broker. Could be he will allow you to "wire" funds to make up the deficit, or they could sell enough shares "at market" to add cash to your account, and hound you for the rest.

But you have to have a phone conversation with your broker, ASAP.

[GDR52]

What happens if electronic deposit returns NSF and you have already bought stock with that deposit?

[Kev2128]

Always go by the broker account (E-trade and look at the last price column) no matter what. Ihub pricing isn't hardly never right, especially if its after-hours. Most of the time a stock closes at 0.31 on etrade and ihub will show it at 0.28 or something weird. Sometimes the L-2 will look different if its after hours because the MarketMakers dissapear from the L-2 list but when morning comes the MM will fill back in their correct spots!

[sang k]

AABA ILLEGAL SCALPING MANIPULATION

I have been following him the last 3 trading days and 2day will chart his buy and sell orders w/ time, price and share size 2 report to the sec (been busy vaca at thailand visiting girlfriend)

using his level 3, aaba has been illegally buying on the bid and selling those shares back to us at higher price forcing us at this bottom range and making huge profits scalping while shorting this down

**he has been playing headsup poker with the shareholders, but he can see our 2 cards while we cant see his.

ON THE BID SIDE
----------------
AABA, when there is more selling at the bid & no buying volume on the ask volume, will try to sit/wait under the other buyers and fill his shares. he will also at the same time be on the top of the ask to pressure the selling. he knows exactly where to sit at what price and how many shares because he knows the total amount of shares and at what people what 2 buy with his level 3.

when selling slows down on the bid and people start buying on the ask or no volume/trading, he sit/jump on top of the bid to grab all the shares

AABA acculmilates all his shares at these low prices. price goes down and and selling slows

ON THE ASK SIDE
-----------------

when there is alot of ask buying he will sit in the middle to sell his shares he bought cheap so he can get the highest price/scalp profit he can get. he knows that he will get filled because he knows the total amount of shares and at what price people want 2 buy with his level 3.

when buying on the ask slows, he will instantly drop below the last price sold on the ask to pressure the selling and block from price going up . he will be at the lower price on the bid to get cheap shares again....rinse and repeat

because of AABA scalping we cant go up whatsoever. he has fraudulate "endless supply" of shares because he is continuously replenishing his share amount by buying on the bid and selling those shares back 2 us higher on the ask. sh!t, AABA can be doing this crap with only 500k shares!

EVERYONE KEEP A KEEN EYE ON AABA ON LEVEL 2 TODAY

[phunnibone]

Also, unless he is running on a premium plan of some type, there may be a delay.

[cintrix]

probably two different quotes because it was a weekend - if it happens during the trading day then you need to be concerned that one is wrong

[cintrix]

Shorting is necessary to keep the market liquid - you decide what the answer to your question is. lol

[TREEPLANT]

Hey guy you can help me. IHUB is saying for the stock ask is on .257 and then on my etrade it says ask is @ .29?? But when looking at l2, it shows etrade sitting at .257. So on l2 it's different from ETRADES website.

Which one is right lol

[hurtszz]

Are shorts inherently evil people???

[cintrix]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64607540

[Mustang_Guy]

I am subscribed to the ihub Level 2 service. Where do I find details for the color coding and other depictions used on the display? TIA for your help.

[cintrix]

The one I use does have a back tester and you can customize it, but it is mainly for technical not fundamental analysis. I just did a google search and came up with this - don't know if it is good or not:
http://www.tradetrek.com/education/ai/ai_stock_trading04.asp

[Joseph!]

I need a back tester and screener that uses fundamental analysis with custom screens and user defined variables. I was wondering if anyone knew of one.

[cintrix]

Sorry, not the board for this. It is not a stock picking thread.

[Jonathan sam]

Good penny stocks to invest in ?

[phunnibone]

Sorry, I think this is the wrong site to post this.

[phunnibone]

At the top of the page, where it says, "Data Tools" there is "Charts." I haven't been able to see any data in Charts, for awhile.

Thanks

[cintrix]

I don't think you can use private reply when you are a free member.

[beachcomber1]

See? I told you she was good. Lol.

[jm146534]

thanks cintrix for some reason i cant do private reply lol. but yeah i will def be careful with those from now on and i will talk to my broker cause it was a day trade but it was cancelled during the same day. anyway Thanks and GL.

[cintrix]

Ok, what you need to know is this: Just because a stock hit your price order, that doesn't guarantee you a fill. That goes with a buy or a sell. That is why paper trading is a joke. Anyone could paper trade because they are assuming that they are getting the fill at the price they wanted. In real life that doesn't always happen. Finding a stock at the right price and selling it at the right price is not the only task. Getting the execution could be even harder depending on the way a stock trades. Especially with thinly traded stocks as you mentioned.
As far as the trade getting canceled, was it canceled mid day or at the end of the trading day? If it canceled the end of the trading day I would guess that even though you thought you entered a gtc, you may have mistakenly entered a DAY order. If it canceled midday, I would get on the phone with your broker and ask them what the heck is going on. Unless the stock was halted or went into the grey sheets I see no reason why they would do that.

[jm146534]

alright thanks man you too

[beachcomber1]

Well, just be careful with low volume stocks. Cintrix would probably be the best person to guide you in the right direction. She is the Master with these types of trades. GL & have a great weekend.

[jm146534]

im kinda new maybe only 50 trades. im just concerned about these low volume stocks especially if I can't sell when I want.

[beachcomber1]

Have you traded a lot of penny stocks in the past?

[jm146534]

zecco

[beachcomber1]

Who's your broker?

The .10 stock, I agree with that not being filled, however a GTC order being canceled for no reason is an issue. Please don't tell me your broker is TDAmeriturd.

[jm146534]

I've placed a limit order at .10 for a stock with 14,000 volume and it never executed when .10 was hit. I also placed a sell order at 1.93 for a stock with similar volume which also didn't get executed and actually got cancelled for no reason even tho it was gtc. Should I just stay away from these stocks with low volumes? How can I be sure my orders get executed? Is this my brokers fault or not?

[cintrix]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64607540

[Axcess06]

How to become a moderator?

I am new, but I can not find where I sign up to be a board moderator; no links to, or help info/instructions (easily found) under FAQs

[LeaveTheWorldBehind]

Has anyone heard of a proptrietary equity trading company by the name of Onyx Equity Traders. They primarly specialize in options trading. I was wondering if anyone has an opinion about the firm.

TIA

[mac0904]

did you ever get any help with this?

i found this:

http://www.penny-stock-brokers.org/penny-stock-screener/


i'm just setting up my EF account with come cash ready to hit the news filters for some quick flipping. i used EF years ago and it was awesome. looking for some updated screening material though.

[cintrix]

will my ask bid be honored due to the fact that my ask bid was correct at the time of my order being placed or do I need to raise it when it changes.

Not sure what you mean "correct" - there may have been ten other people putting in an order at that price at the same time and maybe ten more who put it in a tick higher to make sure they get filled. The mm only has to fill you at the current ask. If they have shares they want to get rid of below the ask then you may get filled. Depending on the supply and how fast or slow it is moving.

Also, how does the bid/ask change premarket if there's no trading them then?

If a stock comes out with good news premarket they usually always uptick it in anticipation. Sometimes it will uptick and then crash because either retail or the company sells into it. Sometimes the opposite happens - they uptick it premarket and there is a buying frenzy and it keeps moving tick by tick.

[Sea J]

Newbie question.....

If I put a bid in at the ask for a pink sheet stock premarket (yes I know there not traded in pre/post market) and then the ask rises past my ask bid, will my ask bid be honored due to the fact that my ask bid was correct at the time of my order being placed or do I need to raise it when it changes. Also, how does the bid/ask change premarket if there's no trading them then????.....TIA

[Churak]

It looks like you are to be cashed out @ 17.25/share. I suggest that you call these people & explain your situation to them

Under the Arrangement, the Corporation’s shareholders will receive $17.25 in cash for each outstanding CLM common share.

For further information, please contact Georgeson Shareholder Communications Canada Inc., the
Corporation’s proxy solicitation agent, by (i) telephone (toll-free in North America) at 1-866-374-9879,
or (ii) email to [e-mail].

[Churak]

Have the Consolidated Thompson Ming shares been exchanged for Cliff Mining shares in your account and on which exchange do the Cliff Mining shares trade?

EDIT:

It looks like the correct name of the acquiring company is Cliffs Natural Resources & it trades on the NYSE as CLF. You should have been paid out it appears.


Cliffs indirectly acquired all of the outstanding shares of Consolidated Thompson for C$17.25 per share pursuant to a court-approved plan of arrangement under the Canadian Business Corporations Act. Consolidated Thompson is now an indirect wholly-owned subsidiary of Cliffs Natural Resources, and will be rebranded under the Cliffs name. The Consolidated Thompson common shares are expected to be delisted from the Toronto Stock Exchange (TSX) following the close of business on May 13, 2011.
To be added to Cliffs Natural Resources’ e-mail distribution list, please click on the link below:
www.cpg-llc.com/clearsite/clf/emailoptin.html
About Cliffs Natural Resources Inc.
Cliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, the Company is a major global iron ore producer and a significant producer of high- and low-volatile metallurgical coal. Cliffs’ strategy is to continually achieve greater scale and diversification in the mining industry through a focus on serving the world’s largest and fastest growing steel markets. Driven by the core values of social, environmental and capital stewardship, Cliffs associates across the globe endeavor to provide all stakeholders operating and financial transparency.
The Company is organized through a global commercial group responsible for sales and delivery of Cliffs products and a global operations group responsible for the production of the minerals the Company markets. Cliffs operates iron ore and coal mines in North America and two iron ore mining complexes in Western Australia. The Company also has a 45% economic interest in a coking and thermal coal mine in Queensland, Australia. In addition, Cliffs has a major chromite project, in the pre-feasibility stage of development, located in Ontario, Canada.

[dahurricane]

Can someone tell me what I need to do to sell QUINTO MINING shares that were on VSE got taken over by Consolidated Thompson Ming (CLM) on the TSE and now has been taken over by Cliff Mining?

[cintrix]

Etrade Iphone? Or did you mean Etrade app?

[Kev2128]

I have the etrade iphone and ihub application which is GREAT!

[AJSails]

I never leave home without my iPhone. With a td account, you can see trades in real time. Both td, my broker, and ihub have apps.. Good luck

[cintrix]

I have no idea what you are referring to. Is this something your broker is using? Are you see it only from your broker or are you referring to it being used elsewhere? If it is from your broker I would look it up or call them. The ticker you posted is now trading under UWRLD which means it is trading post reverse split. If it is showing up with your broker my guess would be that they haven't yet received the post reverse split shares and the # sign is an indication of this. It reversed on 6/27.

[top dog2]

#uwrl what does # sign mean scottrade

[top dog2]

what does the # sign mean when placed on a stock uwrl#

[cintrix]

I don't know of any site that tells you accurately if something was a buy or a sell.

[homegrowncajun7]

Is there any other way(or other site) to see more accurate trading?

[imgoingfishing1]

whats a good hand held device to use for trading while traveling?

[Countmein]

Address your question to this board, they'll help you out!

http://investorshub.advfn.com/boards/board.aspx?board_id=504

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