is awesome
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This is a community development real estate company, not rock bands
I now have 2000 shares and am pleased
go to otcmarkets.com and compare the description, they buy properties and convert to be used be gov't subed tenants
arca can be anybody, etrade, ameritrade, scottrade, anybody, it allows for extended mkt hours trades as well, if I put in a buy on my etrade account and used etrade pro, It would should arca on the bid,,,jfyi
doing well today
the description is wrong, this is not the company
can't have a naked position, must be covered with two dollars and fifty cents per share shorted and who has that kind of money? nobody. no naked short because of the rules to short this stock
lol, soon it won't fill a motorcycle
zzzzzz
arca could be anybody, even etrade guys can execute through arca, it is used also for after hours trades
i think you have the chart of another company posted up on this board, volume and price are way off...lol
I think you r correct, beyond 03 is possible as well
I have to eat my words as I found out that pennystocks can be shorted, however 2.50 per share must be in the account per share shorted and there must be enough held in street name to borrow against
refer to # 1140, I had a feeling this float was higher back then, I remarked on it. It makes this company's stock a REAL market now. I will give it real liquidity and it should move with real sustainable gains as we get past this position at arca. This is looking more and more real in my opinion...this is a future bb or amex stock in my opinion and can support a much higher market cap
gonna blow UP
someone has some stock at the broker that clears thru arca for sure followdamoneyflow
over 2 pennies with any real volume
whoever is at arca, simply can't have much more,,we must blast thru them and it is off to well over 3 pennies
arca,,whoever has the account that is selling there must have a boatload of stock, they are there constantly now
GETERDUN!!!
whatever it was it appears to have slowed although arca has been a real problem,,,somebody has an account there and is playing the spread every day
where did you hear that
like,,,i dunno dude..lol
getting this at a penny is a great price
GO MXMI
you could not be more misinformed, it is unfortunate, huh? no stock under 5 dollars is marginable, one must borrow the stock and by one I mean the b/d does on your behalf, that can only be done in a margin account borrowing stock to cover for unlimited loss potential. if you short, they can only do this in a margin account, you can't margin these stocks as per sro guidelines to prevent problems. Since they can not be margined they can not be shorted. The B D's will not let you short it and I don't care if you put a million dollars to short 10 dollars of a penny stock. which brings to another point. someone said if you put up enough money you could....that too is wrong and besides who in the heck would put up 250k to short 1k of stock...that is idiotic ...I am sorry but you need to call someone and get told live and then you will believe or you can get all the hype from bogus places that have no clue
then s e c regs don't apply to them and only to the rest of the world,,,,,rules state, can't be marginable under 5 dollars and must be marginable to short, so tell me please, how it is done, apparently the rules aren't real but the guys who claim pennies are shorted in retail mkt are real. that explains a lot, promoters are real but the s.e.c. is not,,come on. show me how its done. Don't take me the wrong way, I am only trying to prove a point, not argue...if you can short pennies I'd do it all day, most go down from dilution. probably 99 %
give me their phone number then please
hehehee
going to the moon hunter and llbo
agreed, fred, i think it may be over though, I am very tempted to load up
please give me the name of one broker who will , i will call, confirm and then admit you r right. but , you can't short a penny stock. it is only said by promoters because they sell and put the blame on shorts. please I am not trying to argue and don't want to get off topic, mxmi should be out of the sellers at this point, one more day of volume on the sell side. (light) will confirm this
i was a broker for a long time my friend, i don't want to argue either, but i know my shtufff
true, sometimes issues and outsanding aren't in the float and then get added from restricted or in this case dividend shares, so he may end up with more like 20 or 35 million based on the volume and trades i saw in last month
it is a good show
i think you are right ichi
not trying to argue, but to be in a margin account a stock must be over 5 dollars, to short a stock it must be in a margin account in order for the stock to be borrowed in street name by the b/d. By definition, if a stock is not marginable it can not be shorted, .....Ask your broker and he will confirm this to you
I agree with that
out is 263 millions, go to www.pinksheets.com, the float could have increased because of several factors though