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Wells Fargo kicked out of the DTCC yet JP Morgan remains?
Is this a joke?
JP Morgan is a member of the "regulator". JP Morgan biggest criminal bank
out there.
The DTCC needs to kick itself out as a "regulator". Now all of this turmoil is happening and the DTCC is suddenly making things right. Wells Fargo is Lee Majors The Fall Guy.
NEXT!
Nice piece of artwork with the Queen. Thanks for sharing.
The royal flush will be getting rid of Alpine, Kramer's broker.
Power Up Lending now Power Down and Out.
Nice art. Looks like a Warhol.
Heard the same old same old from the other side. #DBMM 100% revocation guaranteed, will never trade again, will never become Pink Current, blah blah blah. This repeated for years. 24/7/365. 100% wrong 100% of the time. All baseless misinformation.
Now the toxic lender and its broker are the heroes and #DBMM is the bad guy?
FINRA not thrilled with Alpine. DTCC wants to vaporize Alpine in the worst way. Wires to offshore accounts can be traced. All tied to Kramers.
Alpine another PowerUp Lending scheme. PowerUp Lending website shut down?
Something is happening here at #DBMM. Those that naked shorted #DBMM will have to cover their phantom shares. FTD data unreliable. FTDs are hidden in a number of ways. Based on 2014 and perhaps prior to 2014 there may be a massive naked short position on #DBMM. Maybe most shareholders hold #DBMM FTDs.
#DBMM was an easy target for these guys as were many OTC stocks. They thought #DBMM was just another victim.
WRONG!
#DBMM
Very nice Blog BLULLISH. DC has a very nice presentation here.
Impressed.
The kettle is on the boil once again. "Some ones knocking on the door, some ones ringing the bell, who in the world?, let 'em in."
#DBMM
The SEC has to control as much of this covering as possible in order to prevent entities like brokers from becoming non-liquid which could have a negative impact on the market itself.
Touchy situations for many tickers. Many tickers are naked shorted. With just one stock like an #AMC the market could crash. That is how bad this fraud has become.
Retail investors have taken the brunt for years. Tickers like #DBMM have been money makers for those that attacked them. That game is coming to an end.
#DBMM
Something is happening. Too much action with the stock price.
When shares of #DBMM begin to get covered MMs must find REAL shares in order to cover naked short positions. They cannot use exempt fake synthetic phantom shares.
If #DBMM was traded in the billions of shares as is evidenced in the years 2014 to the present, possibly prior to 2014 as well, those who naked shorted shares must cover them all. They are all in the obligation vault. ALL!
No way around it for them. Someone has to cover these shares. Possibly other brokers. Brokers you bought shares through. People will gain money and people will lose money.
Think about this before you sell your shares of #DBMM. Make sure you have an exit strategy for what you wish to sell. They must cover once lender calls are made.
#DBMM
Avid Trader suddenly silent. No videos in a month.
Got a feeling something is up.
His subscribers are his bread and butter.
Time to find a real job? Maybe. One does not say things about a person who had one of the best attorneys in the country when fighting the SEC litigation. Fritz is one of the best.
Maybe Avid did not know the whole story. He knows now!
#DBMM
Oh my goodness. Avid Trader possibly miscalculated everything. Did he think Linda was a pushover? And where would he get such ideas she was? She is a fighter.
Absolutely bush league to paste Linda like that. Defamation is what it was.
Grounds for a defamation lawsuit? I am not a lawyer.
His actions were not professional at all in my opinion.
His videos should be ignored. Never was a fan. Very few on You Tube I am a fan of.
#DBMM
Avid Trader should be under investigation. He opened the window.
What type of person does these things? Not the type of person to be trusted as a source of information for investors even be it for entertainment purposes.
Avid has gone silent? No need to wonder why.
#DBMM
Next 6 months will be interesting? Try the next 3 weeks.
Phase 6 is almost here. June is busting out all over. Literally busting. Banks, family offices, hedge funds busting.
Just relaxing. hehehe!
#DBMM
Excellent post Red. Judgement Day. Almost here.
Shorty ran out of ammo. Getting expensive for them to hold this down even with a dismal 4 million traded.
I wonder what it cost them to borrow exempt fake shares to the tune of billions of shares back in 2014. Must have been expensive then too. They had more money back then to toy with these stock tickers. Not now though. Different story.
Yes, it does appear as if Alpine and the Kramer boys are coming due.
As I have posted before FAMILY OFFICES do not report holdings, nor do they report their financials. They are not regulated and go unchecked until they collapse. At collapse time all HELL breaks loose.
Something is about to happen here. Light volume yesterday then suddenly WHAMMO! Looks like they were caught off guard. Either this over sold move not expected or there is nothing they can do to push #DBMM further down. Looks like they are out of ammo.
This shaahk smells GREEN MONEY water.
I love the smell of money.
Literally fighting for their lives.
#DBMM
Maybe this is why Shorty is quite today?
unusual_whales
@unusual_whales
·
3h
JUST IN: Federal prosecutors in Washington are looking into short seller activity around the recent volatility in U.S. bank shares, per Reuters.
Do not want to attract any attention. Do we?
#DBMM
The Eagle's "Desperado" comes to mind.
Alpine/Kramers in hot water. Time to turn up the heat.
Looks like they ran out of ammo. This ticker is being watched right now. They have to be careful and choose their spots. CAREFULLY.
#DBMM
SEC Brings “Naked Short Selling” Case
Thursday, May 27, 2021
“Naked short selling” is often claimed by struggling public companies to be the source of their woes. But there have been relatively few cases addressing naked short selling. Recently, however, on May 19, 2021, the SEC charged a broker-dealer (“BD”) with violating the order-making and locate provisions of Regulation SHO.[1] Regulation SHO regulates short sales of securities and, broadly speaking, is aimed at minimizing naked short selling, failures to deliver, and other practices.
What is Short Selling?
According to the SEC’s Complaint, “[s]hort selling occurs when an investor borrows a security and sells it on the open market, planning to buy it back later for less money.”[2] Thus, short-sellers profit from a decline in the price of a security. This is in contrast to “long” investors, who profit from an increase in the price of a security. Short selling is very risky: losses are unlimited because the price of a security can always increase.
What is Regulation SHO?
Regulation SHO, enacted in 2005, established “locate” and “close-out” requirements. Rule 200(g) of Regulation SHO requires BDs to mark all orders to sell stock as “long,” “short,” or “short-exempt.”[3]
A sale order can be marked “long” only if two conditions are met. First, a seller must be deemed to own the security, which occurs only to the extent that it has a net long position in the security. Second, the BD must either (a) have possession or control of the security to be delivered, or (b) reasonably expect that the security will be in its physical possession or control no later than the settlement date of the transaction.
Rule 203(b)(1) of Regulation SHO requires BDs to “locate” the securities being sold, before effecting a short sale.[4] This “locate” requirement means that BDs must (a) borrow the securities; (b) enter into a bona fide arrangement to borrow the securities, or (c) have a reasonable basis to believe that the securities can be borrowed so that they can be delivered on the delivery due date.
What is “Naked” Short Selling?
Naked short selling is unlawfully short selling shares that have neither been borrowed nor located. If sellers are engaged in naked short selling, then the volume of stock may be larger than the tradeable shares in the market, which can lead to sellers failing to deliver securities sold by the settlement date.
What Did the BD Allegedly Do Wrong?
According to the Complaint, the BD mismarked 96% of a certain hedge fund’s short sale orders of two separate issuers’ stock, totaling more than $250 million, as “long” or “short-exempt.” This mismarking allegedly generated $1.6 million in brokerage fees to the BD. The effect of the mismarking was that the hedge fund was able to sell the securities short even though it already had a short position in the securities and did not borrow or locate additional shares to sell short.
The SEC alleges that the BD ignored multiple red flags, including:
that the BD was aware of prior compliance concerns regarding the hedge fund;
the hedge fund’s net short position in the securities it was selling in its brokerage account;
statements by hedge fund employees that they did not expect to deliver the securities by the settlement date;
the hedge fund’s failure to provide documentation showing that it owned the securities on the trade date; and
the hedge fund’s repeated failure to deliver the securities by the settlement date.
Despite these and other red flags, the BD allegedly continued to mark the hedge fund’s orders as “long” and “short exempt” without taking reasonable steps to determine whether those order markings were correct. The BD also allegedly failed to borrow or locate the shares before effecting what were, in reality, short sales.
The BD has not made its position clear yet, but it is contesting the SEC’s Complaint. The SEC is seeking an injunction, disgorgement of the $1.6 million in fees, and civil penalties. The unmistakable message to BDs is to strictly comply with Regulation SHO and pay attention to potential red flags. The message to the public markets is that naked short selling can indeed be a practice used to drive down the price of an issuer’s stock. This will be an interesting case to watch.
Stock_Barber and others still insist that no naked short selling exists in #DBMM.
Even the SEC disagrees.
#DBMM
Noticed during the video that #DBMM only mentioned briefly. Main focus wss on #GTII and another.
Also find it interesting that HAM specified Linda as "smart as a whip".
And after talking to Linda for over 2 hours was there nothing gained from this conversation?
Thanks alstocks.
How about when CE and on grey sheets "Will never trade again can only sell #DBMM"
Noticing more "traffic" on many of the stock boards not just #DBMM. This is becoming too funny as well as very predictable.
#DBMM
Focus is on litigation. Licensing and punitive awards will propel the stock price even in the OTC. In this soft market where the sector may not pick up until the end of the year, licensing will be a welcome relief. It is what NetList was due from the very beginning. And while battling the 3 NetList does not have access to a large customer base. Once these litigations are over they will have that access again.
How is Chuck Hong the benefactor of NetList not being on NASDAQ? Where is he making money? Looks to me like he is filing form 4s selling shares to help pay legal fees or diluting the stock. How is he making money and benefitting from not being on NASDAQ? Better to be on the OTC with no BoD to hamper legal or pester Chuck with other agendas. Focus is litigation against the 3 companies in the US and in the EU.
Other than sales that are being held up by litigations why should NASDAQ be the focus? Winning these litigations so other companies will take notice and pay the licensing fees while using NetList IP should be the primary focus. Theft is serious business. This is theft the 3 companies get the benefit of cashing in on so far.
Up listing will come in time. Some people just do not get it. Impatient we are almost there. This jury trial with Samsung was very important setting a precedent. Micron to follow with many of the same patents. Google is in waiting mode to see how the other two fair.
Google's server farms, 11 (?) in the US, each the size of ~2 football fields utilize what percentage of NetList IP to make it all work? My guess, much of the important game changing IP in those server farms is NetList's IP. Google's CEO did not impress me during the 60 minutes interview. Google didn't "build" those server farms without a big part of it NetList IP.
Samsung, Micron, and Google are NOTHING without NetList IP. If NetList wins the majority of court cases, barring settlements finally come, NetList can potentially demand a cease and desist through the courts and shut each of these companies down. I do not think they will do that because that is not the end game here. Pay for the IP property you are using. The IP property that helped make you #1 chipmaker, #1 search engine, gave you access to a larger market share than your competitors.
My hope in the most recent litigation win against Samsung for NetList is that Gilstrap has offered each side, Samsung and NetList, a chance to enter their submission, limited to 10 pages, on enhanced damages with the possible intention of shutting Samsung down should they decide to appeal when the decision finally comes from him. It may be something they do not like. We will see what he does if he does anything about award enhancement.
Samsung is stuck with paying the jury award of $303 million. That much is a lock.
#NetList
Margin calls for banks that will likely have margin calls on expired ISDA derivative contracts in June? Could happen that some of these small banks get whacked both ways. No collateral either? What does that mean?
How will expired derivatives contracts effect family offices? Will Alpine be effected?
So the DTCC who opened the CNS vault is now wanting their money back along with shares "borrowed"? This could be E Normus.
April showers are bringing May headaches. Oh boy.
#DBMM
Link for that added debt please. Thanks so much.
#DBMM
This is how BAD things are getting for those that naked shorted, Robinhood falsely posted on Twitter that #AMC filed for bankruptcy today. They only let this post stand for a little while, then deleted it. Enough people saw it though and reported it to #AMC. Adam Arron is quite upset about this and will speak to his lawyers about it. This is the type of misinformation that is purposely being put out on social media. #AMC revenues and numbers come out on Friday. WHAT ARE THEY AFRAID OF? Always check the source. Robinhood is a very bad actor.
Misinformation is attempted stock manipulation through misinformation. All they can do with #AMC is delay just as Alpine is delaying with #DBMM.
Phase 6 is right around the corner with more and more banks failing. Phase 6 is just getting started.
Shorty is in deep trouble.
#DBMM
Nothing seems to matter to these guys, except getting caught.
No worries mate. LOL! So cool calm and collected.
When the FBI comes knocking then the worry starts.
Poo, I have heard the RICO statute mentioned before with other tickers.
Never say never. It is a very small world. Supreme Court of New York State going after FINRA. Who do you think FINRA will point their finger at in return? Entities like Alpine? Stay tuned.
#DBMM
Crockett or Tubbs? Looking more like Tubbs. RICO Tubbs.
Delay is all they have.
#DBMM
Gensler said to be on the hot seat. His firing will be a tell. The corrupt SEC like the fox guarding the hen house. Hens want to chicken dance, but Gary will not let them.
Not yet anyways.
The other side is trying like hell to wear people holding #DBMM out.
Ummmm it is not working. Let the Company fail on its own merits. They are not willing to give #DBMM a chance. They are scared to death.
Holding #DBMM FOREVER. Holding #DBMM for as long as it takes. Not selling one share of #DBMM. Not until SHORTY pays me.
Hi Linda!
#DBMM
Very light volume today.
A) Shorty is out of ammo.
B) Shares are getting harder to find because they know they are being watched and recorded.
C) #DBMM longs are not selling, and shares are locked up.
D) All of the above
#DBMM
Why Family Offices will be the trigger. Family offices are unregulated, and do not have to report ANYTHING. The only time anyone finds out a family office like for example Archegos Capital Management is in trouble is when it implodes.
Family offices still operate through ISDA contracts. Phase 6, 9 month is coming in June. Expired derivatives contracts have to be covered, no more grandfathered ISDA contracts. New contracts must be written with a third party to oversee them.
These family offices are stuck with nowhere to go in my opinion. They artificially suppress suppress suppress going to banks, doing trade swaps, sham resets, sham returns, sham closeouts. The ISDA derivative contracts are going to catch up to them just like they are the banks, only these guys go unregulated. Just like Archegos it will just implode without warning.
#DBMM is in a very good position due to the fact that NO LONG SHAREHOLDERS are selling. We are all waiting to get paid by a certain family office. And not just the family office either. There are others in on this naked shorting to be sure.
They all figured #DBMM was easy game. Looks as if they miscalculated by years.
Just waiting. Whether the up list comes, whether the SEC joke Commission releases #DBMM with their "review", or whether nothing happens at all, the pressure is squarely the Family Office (you know who you are). They would love nothing better than for longs to exit the theater as if there was a fire. Not happening.
We shareholders want payment for our VALUABLE time. Call it an investment in time well spent. LOL!
#DBMM
Do not forget, FINRA is the banks regulating the banks. Only FINRA can protect ISDA banks from felonies with the Acceptance Waiver Consent where banks DO NOT EVEN ADMIT GUILT. They get slapped with a small fine and all is forgiven.
This needs to be abolished along the DTCC CNS program where the vault is open season for those that want to carry exempt FAKE shares in order to bring stocks down, manipulating stocks illegally.
GENSLER do your JOB. MIT graduate shill.
#DBMM
Volume unchanged since early in the day tells me Shorty blew his load prematurely.
Waiting for up list to OTCQB.
#DBMM
True, the Kramers ran for the exits and so far Bigfoot sightings are more common.
There are no naked shorts, synthetic shares, trade swaps, sham resets, sham transactions, yet the Secretary to the SEC writes about them in her email.
We have been told over and over on this forum that there are no such things as naked short shares. All fiction made up by retail investors, yet the SEC knows all about them. Vanessa Countryman's email is proof positive. In #DBMM's case the family office is Kramer.
100% wrong 100% of the time.
Struggling to come through with answers different from those posted for years.
Shareholders of #DBMM know the truth.
#DBMM
FTDs are what happens when fill before locate happens. Ever wonder how in the world they were able to swing all of those trades with all of those phantom shares back in 2014?
Rule 203b Fill Before Locate.
#DBMM
AT video in my opinion uncalled for. Also betrayed any #DBMM longs by putting out such a video. He did not have to go into any reasons as to why he was not sold on #DBMM, but he chose to. Also chose to include Linda and Reggie. Interesting. Decided to try to play one against the other. Ummm how did that work out? It did not.
His potential problem now. YouTubers. Not financial experts. It is fun to pretend I guess.
When the brain says shut up and the ego says just "tell them how you really feel".
AT is exposed for what he is. I sure won't be subscribing in my lifetime.
#DBMM
Not surprised to see a pentagon followed by a hexagon followed further by an octagon followed by a picture of Kenny Griffin called Money'sgon.
Alpine trial coming up. Where is Kramer?
MIA?
Now like Bigfoot and Loch Ness Monster, cannot find.
#DBMM
Team Kramer very busy these days. Maybe Fidelity or Chuck will buy Alpine like UBS did for Credit Suisse Mess?
Still sitting well above my entry. Money made.
OTCQB up list coming. More brokers, more eyes, and what LTIs are waiting for.
Nothing but wins in the #DBMM column.
Up list to OTCQB will cement #DBMM. SEC Commission is a total waste of tax payer money.
Gensler is not helping investors of #DBMM. SEC is very vindictive, and corrupt.
All the kings horses and all the kings men could not stop #DBMM. FACT.
King Gary Gensler is a Joker.
#DBMM
Post is marked TLO. Up list to OTCQB is coming.
#DBMM