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todays dollar volume.....$12.6k
actually...a little of both....i tend to use tom's method of trading..in hopes to have all free shares
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44744485
well.... if i sold all my shares today @.0003, i would have a gain of $475....wow
mike....your sweating...lol
we have been bouncing back and forth since dec. 4th.....IF it is dilution, this could go on for an other month? IF it is shorting then it's only a gamble in the last 2 days before an announcement is made....hmmmm
A “WISH LIST” FROM YOUR COMPANY’S MANAGEMENT, FOR 2010:
Should your Company’s Management successfully conclude the sale of the Company’s interest in the two Gold Properties, this could bring about:
- The settlement of the historical and outstanding Stock Dividends; and
- Create a liquid trading environment for stockholders to trade in their shares of the Company’s Common Stock at a realistic “Fair Value Price”; and
- Allow Management to remunerate its professional advisors in order for them to complete the Company’s outstanding SEC filings to make the Company current in its reporting status; and
- Apply for reinstatement to the OTC Bulletin Board Market once Company is current in its filings; and
- Raise additional cash through traditional methods which it is currently precluded from doing so due to it being delinquent in its filings with the SEC; and
- Facilitate the payment of a large Single Liquidation Dividend to the Company’s stockholders.
thanks mike....i saw that in 1 of your earlier posts
good afternoon V....i hope your hoildays have been relaxing so far
no....but thanks for the list, it could be helpful in the future
hmmm.....i have tried a few on that list, they showed up on nasadq
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44873557
i just want those concerned to know as we are getting closer to an annoucement that it is possible ffgo could be short sold....nss? who knows for sure
thats correct
thanks ordinary....would this list also inculde otc? or is this list only for nasdaq?
What Does Naked Shorting Mean?
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
While no exact system of measurement exists, most point to the level of trades that fail to deliver from the seller to the buyer within the mandatory three-day stock settlement period as evidence of naked shorting. Naked shorts may represent a major portion of these failed trades.
Investopedia explains Naked Shorting
Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns.
In 2007, the Securities and Exchange Commission (SEC) amended Regulation SHO to further limit possibilities for naked shorting by removing loopholes that existed for some broker/dealers. Regulation SHO requires lists to be published that track stocks with unusually high trends in "fail to deliver" shares. Some analysts point to the fact that naked shorting, albeit inadvertently, may help markets stay in balance by allowing the negative sentiment to be reflected in certain stocks' prices.
Where can I find the number of shares shorted on a specific stock?
--------------------------------------------------------------------------------
For general shorting information such as the short interest ratio, you can usually go to any website that features a stock quotes service. For example, you can find this information on the Yahoo Finance website in Key Statistics under Share Statistics.
If you are interested in acquiring more detailed information about a specific stock, such as specific numbers about volume, average daily share volume and/or days to cover, there are websites that you can visit that would provide such information free of charge. According to the New York Stock Exchange (NYSE), all of this data is acquired from broker-dealers as part of the exchange's regulations. However, the specific site you will need to visit will depend on the stock exchange in which the stock that you are seeking information for trades.
For example, if the stock in question is traded on the Nasdaq, you would have to use Nasdaq Trader's Trading Data, where you can find Nasdaq's Monthly Short Interest Tool. If the stock that you are interested in is found on the NYSE, you can check out NYSE Data's NYSE Short Interest Tool.
To learn more about short selling, see our Short Selling Tutorial and Short Interest: What It Tells Us.
Filed Under: Short Selling
also newtrader has a good point of view in todays market, concider the dow or the market in all and how volital it has been in 1 years time....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44742840
i know of many traders that short sell and buy daily, from 9:30 to 4:00
i got to thinking a bit about trading, it seams that tom has a well balanced view of it.....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44744485
i wonder how many of us posters feel the same......
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44867817
think many?
i guess you can look at it that way:)
thanks....but i had a bit of 7-up and a smoke, as for the 10m shares to buy, i only wish i had the cash to play with:)
thanks tex.....i had to get up and move around a bit:)
yes i know the difference.....nss= phantom shares, that don't exists to short sell
i understand completly.....i understand that you have given ffgo a death sentence.....only if and i will repeat IF ffgo comes though this time you'll hope you never had made your post's so perfectly clear
well then?....stop saying over and over and over again....i hate haveing to answer over and over and over again...hold on to your hat, soon enough we will know
my thoughts to.....pris...go figure
ordinary......there are only 2 things i'm intersted here.....
1) ffgo sales their assets @ no less then .003/share
2) shareholders will receive a liquidation dividend
anything else to benfit the shareholders is only a plus.....that includes you too with the unpayed past divis.....glty
maybe.....but i'm sure if that happens you'll be happy about it
chances are we will find that out soon enough
In a short sale transaction, shares are borrowed from the lender by the short seller and sold in the market. The lender of these shares continues to maintain a long position, hoping the shares will go up in value.
If the lender wants to sell the stock, the implications for the short seller will depend on where the shares were borrowed from - generally either from the brokerage firm's inventory or from the margin account of one of the firm's clients. Margin accounts differ from cash accounts in that they allow the firm to use shares held in these accounts in various ways, including lending them for short sales. If the brokerage firm has taken the shares from its client's account, and that client wishes to sell the stock at some point while the short position is being held, the client is able to do so.
This sale by the client who was lending shares will usually have no effect on the short seller, as the firm will either borrow the shares from another firm or use other shares in its own inventory. For example, if Jack has 100 shares that are lent out to the short seller and Jack now wishes to sell the 100 shares, all he has to do is inform his brokerage firm. The firm will then look in its inventory, and if there are 100 shares, the firm will sell them on the market and put the proceeds into Jack's account. The brokerage firm will now be the one that is owed the shares by the short seller, Jill. However, what could hurt Jill is if the brokerage firm decides that it no longer wants to hold its position in the stock and it is unwilling to continue to lend the shares to her. The brokerage firm has the right to call any short seller to return the shares at any point in time. In this case, Jill the short seller will have to return the shares to the brokerage firm by purchasing them on the market, regardless of whether she ends up incurring a loss or a gain.
If you are the one whose shares are being lent out by your broker to a short seller, your part in the short sale transaction will have no effect on your ability to sell the shares. During the short sale, your shares are the ones currently being designated as lent out by the brokerage firm, but the broker essentially owes you shares. When you want to sell the shares, the broker is required to replace your shares so you may sell them on the market. In our current age of electronic-based shares and transactions, all of this is done without your knowledge and has little effect on the average client. (To learn more about short selling and margin trading, see our Short Selling Tutorial and our Margin Trading Tutorial.)
Filed Under: Short Selling
your right
bc......it was to easy:)
where have you been hiding.......thought you would come by for the final judgement?
i can see your worried about your divi's.....maybe this time around you should call your broker and make sure your broker are not useing your divi's to pay for their nss
same to you and yours.....may there be peace and happiness to all around the world....good night
of course......way ahead of you :)
pris.....if you have any extra cash, buy 10m shares for me.....if things don't work out, i will personaly arrange a brake out for you
sincerly,
"XXX"
LOL