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You got it bendriver.... then tomorrow you can say, "Huge news next week" :=)
Oh me my last buys showing green.... BHASHashhhahahahaaaaha
jever000 probably got his 200000 order filled today????
I'm canceling the rest of that order I have enough of DNAG anyway
My order for 175k@.0196 more shares has only been partially filled... I need sellers!!!!
BTW- jever000 If you don't get the HUGE NEWS out anytime soon I'm going to run outta money buying stock
Thanks everyone for the responses!
Thanks for posting but I don't know what it means....anyone?
Is it me or the boards kinda quiet?
I hope this is quiet before the storm :=)
Goodness we have a permanent membership on the SHO list: http://www.nasdaqtrader.com/aspx/regsho.aspx
I hope you are right.... I loaded up even more today....jever000!
I hope you are right.... I loaded up even more today....jever000!
AMEN Theo!
Boy!.... I haven't bought this many shares (300k) in one day in a while... why didn't someone stop me?
I just bought another 173k@.0197... where's that news jever000!!!
What's this?
I know nothing about financials yall....
http://finance.yahoo.com/q/is?s=dnag.ob
jever000 I was supposed to be selling for huge gains this week... instead I just bought a little over 100k more... whatsup with that?
I think it's May 15, 2006
If I could find some money... I would be buying today!!
Yeah guys.. "famous last words"... by the end of the week
Good post from another board:
Email from Hawk:
''Camping World features SmarTire Products at RV Rally
SmarTire products will be featured at Camping World's booth at The Rally, known
as ''The Greatest RV Rally in the World,'' in Daytona Beach, Fla., this weekend.
In February, Camping World placed a substantial purchase order for SmarTire's
recreational vehicle (RV) tire pressure monitoring systems (TPMS). Camping World
is the world's largest supplier of RV accessories and camping equipment and
currently has 46 retail outlets in key regional locations throughout the United
States.
The Rally hosts RV drivers from around the world at the Daytona International
Speedway, home to the Daytona 500. The event is from April 7-10. For more
information about The Rally, visit
http://www.therally.com .
''
Rnel
I hope this IPO: http://www.sciencebusiness.net/latest_news/item6.php
Good mornign Miss Scarlet...... and ladies!
WHEW.... getting my butt kicked at the half!!!
OT: GOOOOOOOOOOOOOoooooooooooooooooo LSU!!!
OH NOOOOOOOOoooooooooo... I forgot about that one
I HOPE YOU ARE RIGHT JEVER000!!!
The news we got last week showed potential but I could use more!!!
Same here gratli1028.
OT: On a side note:
Bird flu expected to hit U.S. West Coast by summer
http://yahoo.reuters.com/news/NewsArticle.aspx?storyID=urn:newsml:reuters.com:20060331:MTFH53729_200...
That I gotta see!
Form 10KSB for DNAPRINT GENOMICS INC
http://biz.yahoo.com/e/060329/dnag.ob10ksb.html
Guess who's still on the SHO list... AGAIN: http://www.nasdaqtrader.com/aspx/regsho.aspx
This article comes from Forbes:
Naked Shorts Seeking Cover
Liz Moyer, 03.29.06, 6:00 AM ET
http://www.forbes.com/2006/03/28/naked-shorts-overstock-cx_lm_0329shorts.html?partner=yahootix
Recent allegations of market manipulation against research firm Gradient Analytics and a variety of hedge funds seem certain to rekindle a separate, long-smoldering debate about so-called naked short-selling.
Well, at least that's what Overstock.com (nasdaq: OSTK - news - people ) Chief Executive Patrick Byrne would like to see.
Since August, Byrne has waged a public-relations battle against Gradient, the hedge fund Rocker Partners and, basically, the whole Wall Street community. He alleges their participation in a vast conspiracy to drive down the shares of his company through the distribution of false information that allowed traders to profit from their short positions in Overstock.com. Biovail (nyse: BVF - news - people ), the pharmaceutical company, joined this campaign last week with its own allegations that Gradient and hedge fund SAC Capital, among others, worked to distort its shares by disseminating false information about the company.
But Byrne simultaneously has been trying to light a fire about a controversial phenomenon in trading known as naked short-selling, and his soapbox may have gotten bigger this week.
Shorting is a common technique and is perfectly legal--borrowing a security, selling it immediately, then betting it will drop in price so it can be bought back at a cheaper price and used to replace the borrowed stock--the profit comes in pocketing the difference. But the seller of the security is supposed to actually borrow the shares before the settlement date of the transaction. The borrowing is done through a stock-lending program run by the Depositary Trust Clearing Corp. (DTCC), the New York-based company that handles the lion's share of the settlement and clearing of securities.
Most of the time, settlement goes through without incident. But sometimes there is a failure to deliver. And some, like Byrne, contend that groups of traders are deliberately shorting stocks without actually borrowing the shares, in some cases "counterfeiting" shares where there are none available to be borrowed.
Case in point, says Byrne, is his own company. In a statement last week, he said DTCC reported 8,970,394 Overstock.com shares on deposit, while Nasdaq reported short interest in Overstock.com of 9,578,481 shares for the same week. That means the total number of shares sold short exceeded the actual number of shares available, suggesting that some shares have been sold "naked." There is no publicly available data on trades that failed to be delivered.
Byrne claims there are large numbers of unsettled trades in the system, exposing the market to risk. He hopes to use the higher profile he has gotten in his lawsuit against Gradient to raise awareness of the naked short issue. "We are facing systemic collapse," he said in an interview. The Gradient case (which is not about naked short-selling) is part of a broader campaign to reform trading rules, but "it was the first thread I could pull," Byrne said.
The Securities and Exchange Commission put new regulations in place in January 2005 that are designed to better monitor the frequency of failures-to-deliver, but this Reg SHO has just raised more questions. Under Reg SHO, the stock exchanges report a daily roster of stocks that had failures-to-deliver of 10,000 shares or more and at least 0.5% of the issuer's outstanding shares for five-consecutive settlement days. These stocks are called "threshold securities."
Overstock.com, along with shares of Martha Stewart's Omnicom Group (nyse: OMC - news - people ), Netflix (nasdaq: NFLX - news - people ) and NovaStar Financial (nyse: NFI - news - people ), have appeared on the list almost since it began--a consistency that leaves a few onlookers puzzled.
"You would think that the regulators would have taken a look at it," says Peter Chepucavage, the general counsel at Plexus Consulting and a former SEC staffer who helped draft Reg SHO.
DTCC has been the target of 14 lawsuits by companies accusing it of facilitating naked shorting, though all but three have been dismissed. "There is little empirical evidence that widespread abuses such as naked short-selling are occurring," said Larry Thompson, the general counsel of DTCC, in a statement in January, rebutting some of these accusations.
There are reasons why failure-to-deliver can be legitimate, such as glitches in transferring physical certificates, and DTCC says most of the time the trades are resolved within ten days. Regular settlement takes three days.
There is a debate as to whether the DTCC should be more actively engaged in monitoring trading activity, though it says it is not a regulator, and that it is not its place to make sure the broker-dealers doing the trades complete the transactions properly (aka, actually borrow the shares, or complete the "buy-in.").
DTCC reports failure-to-deliver data to regulators and stock markets but doesn't make that data public for fear it will be manipulated by traders. It has cooperated with several state investigations into manipulative short-selling. "Our role is to try to ensure that securities transactions are efficiently processed and settled," said a DTCC spokesman in a phone interview. "We don't have authority to force the buy-in."
The SEC contends that it has been monitoring the situation, as have state securities administrators. But naked shorting continues to crop up. Earlier this month, the SEC settled civil charges against hedge funds Langley Partners, North Olmsted Partners and Quantico Partners in a case alleging that they engaged in illegal trading of unregistered securities in a scheme involving naked short-selling. In this case, the focus was more on the trading of the unregistered securities than on the naked short-selling.
The stock exchanges "are closely scrutinizing all sizable fails, whether or not they reach the threshold securities levels, to assess whether broker-dealers are taking steps to close them out," the SEC said in its most recent policy statement, dated Feb. 16. Aggregate fails-to-deliver declined 30.5% from January 2005 to January 2006, the SEC says, and the list of threshold securities has been whittled back by 35%.
But none of this has impressed people like Byrne, who uses sarcasm to make his point. "DTCC continues to maintain that their stock-borrow program does not permit the creation of new or counterfeit shares," he said in a statement last week. "I think that's good because, otherwise, this situation could be getting out of control."
I get it bigdrive99
You said,
Real loosers, IMO
loosers: of a person or animal) free from confinement; not bound or tethered : the bull was loose with cattle in the field | the tethered horses broke loose.
losers: a person who accepts defeat with good or bad grace, as specified : we won fair and square—they should concede that and be good losers.
You need another CRYSTAL BALL jever000
AMEN Dr. Dew.......... You think it maybe clone, eh?
High priced lawyers just reach in their back pockets and pull out another alias;_)
OK...
Couldn't get the link to work but great news W2P.. thanks!!!