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I currently have my health insurance through them...
really worked well.. and to be honest there was nothing else I found that I could use...
I also used them a few years back. as I was in between work, and needed a short term policy...
there are a few issues though..
1. health care is taking a big beating lately...
2. what happens if there are health care changes...
3. what happens if there is a public option...
Frankly as being a broker, they have far less risk imho than a direct writer. if things go wrong...
and if we don't get any major changes and the health care system isn't effective it will also take a nice bounce..
however if we do, it will be a tool used by many to get health insurance... either way it's a win win... we just have to see where the market will find a bottom...
but note the health care industry is kinda high risk... and the future is uncertain... and with this all being said, these stocks including this one all have significant risk...
Ok wow... I can't believe SNL did this... looks to me that obama is starting to loose support...
ya I don't know where they could have gotten the money for all of this unless they sold stock...
I kinda wonder if they were attempting to fake it until they made it... and it didn't work out...
who knows... I guess we will find out in due time...
yup it goes back 2-3 years... which scares me if that's the case... and this was allowed to go on for so long...
we shall see what happens...
I don't know to be 100% honest...
I don't think anyone knows really what happened...
http://www.sec.gov/answers/tradingsuspension.htm
this should answer some of the questions...
but they clearly had issues... or else it wouldn't be suspended...
If SPNG was able to prove these orders, these sales... there would have been no suspension no reason to suspend..
this didn't happen... so I'm having a very very hard time believing anything from the company any longer... and that's including their statements about naked short selling and short sellers trying to beat down the stock...
I hear ya... I don't understand...
wmt should be trading higher right now...
either someone knows something we don't... or this one is due for a run up...
if these customers are there... then I will once again eat crow...
but imho the reason the SEC suspended the stock is because they fear these customers aren't there...
I don't think the SEC would suspend a stock just on a whim... they forced SPNG to send them documents, and after 2 weeks of getting these documents they couldn't figure out who these people were... or SPNG couldn't prove to them that these companies exist thus they suspended the stock..
Are there real sales, yes... Is there a real company there yes...
but there are also a lot of sales and orders of which they company has not been able to prove without a shadow of a doubt to the SEC... which scares me... and makes me very weary that they didn't cook the books... as that is looking very much the case here...
it doesn't help anything... ya I made a mistake... and can admit that... but there are people who lost millions of dollars today... most likely money they couldn't afford to loose...
and you have no idea how much that hurts me... how much I am beating myself up for not seeing this coming and falling for all of this, and even helping it because of that....
no matter what way you look at it, it sucks... and there is no way I can be happy about anything...
FML GS.. screwing my hedge over...
no the only place that our cash went is to pay out anyone who sold their stock...
when you buy your money goes directly to the account of those who sold... not to the government...
so lets say you own x shares that were worth $x it is only worth that because one of the last trades was for that dollar amount multiplied by your number of shares...
if everyone wants out and no one wants in... well then the stock goes to 0...
the money is never there... in terms of the stock...
every stock regardless of if it is a scam or not is a ponzi scheme...
you have to get a buyer to come in at the level the stock is for the holders to get out...
and if there are no buyers the stock goes to 0. and share holder value is lost...
what money?
FML
http://investorshub.advfn.com/boards/board.aspx?board_id=4597
this guy might be able to help...
with my luck I will be...
it just sucks... the whole thing sucks...
I fell head over heels and had no idea... but it is what it is...
i could care less about myself right now... and what happens to me..
millions and millions of dollars were lost today... honest people who had no idea...
and because I didn't see this coming I was a propionate... I helped the agenda of which I had no clue was going on...
and that is the pill which is so hard to swallow... I could care less what happens to me, and if they take my money or anything... i'm just so sick of what has happened to the honest people here...
I hear ya...
I can't believe this all.. to be 100% honest..
I fell in love with this stock head over heels... I invested a HUGE sum of money in this stock... way more than anyone should ever ever invest in a company in these markets...
as I stated to ya via pm...
I'm an idiot there are no two ways around it...
I fell head over heels for this... man i can't believe it... that I could have been so trusting... and that I got myself so wound up in arguing and trying to prove that I was right...
and clearly I was wrong... and I apologize to all of those who I attacked... and all that listened to me.
i don't know and really that is what is hurting me the most right now...
because of being naive many others fell for the same thing....
it's making me sick right now...
however it is likely that those who fell for the scam, those naive investors such as myself will be targeted...
it just sucks...
and like I said I hope everyone involved goes to jail for a very long time...
I can not believe how blindly i went along with what was said...
it was too good to be true...
I don't think there is anything left that can make this look like a good thing...
it's over it's a scam...
hopefully the CEO and CFO and all the others who were involved with this will go to jail
I clearly stated I sold most of my holdings. and I had no idea that the company was cooking it's books. as per the SEC
this was one elaborate scam... i am at a loss..
anyone find Ramirez Roberto Hernandez's trading interesting here...
nothing that you can play... but...
welcome enjoy the fail board! oh and don't hit your head on the way in...
so UBSS is not ever a market maker to make a market, but only for companies to dump shares?
right but UBSS has been gone for a few days... any ideas why this would be the case....
as I'm told they do the market making for schwab and a few others...
so ubss is a way to funnel shares to the market and not a normal retail market maker...
just trying to understand this.. tia
who is going to do the pump?
Aren't they suppose to be getting lawyers? (the pumpers that is)... why risk it when they are under investigation...
just wondering, can you find me another OTCBB stock where UBSS isn't a MM??
you can find this via otcbb.com and just go to any stock and click depth\ LII
hahaha "Mercator-omnium car insurence Because your wife drives your car too." text at the end..
speaking of stealing a feel...
ok wow I have never seen such a large snake... could you imagine finding this at your house like this guy
I don't know it's all confusing... my understanding is the brokers and MM have to know if this kind of behavior is going on... and have to be willing to accept these trades...
No I am basing it on every trade... why does it take 2 trades what about that second trade and not the first one makes it show up?
I'm just trying to understand how it all of a sudden becomes a fail that shows up... what makes this happen? why on the second trade?
I understand you say it shows up... but why...
RE: "A trade clearing ex-clearing is taken between two parties and/or brokers. But when the long party chooses to sell, if they sell open market they would create a fail (long fail)."
I agree, however as per the gentleman I spoke to at finra this would not show up on reg sho...
it is a fail but not one picked up by reg sho... at least this is my understanding from the phone conversation i had with FINRA. Could you explain how this is wrong tia.
Ok so you don't think doug or insiders have sold?
further can you explain to me why a ex=cleared share creates a FTD that is picked up in the system...
there is a contract for these shares... I agree it is a FTD, but don't agree that it is picked up by reg sho... at least that's not what the guy from FINRA told me... so maybe you can explain it better
tia
So you are basing the past that they issued shares to RME and that there are shares trading as reason for your assumption that RME sold shares?
I'm just trying to understand how you know that RME sold shares
all via RME?
and if so why are there not more ftd's
So do you think RME has sold maybe 10-20 million shares or more like 1-2 billion shares.
so it is your feeling that the selling of R144 stock has caused ftd's which would explain the reg sho listing? But that they were spread out enough or only a few of them caused FTD's...
I'm just trying to get an idea.