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I think the company is on the right track to eliminate the naked shorting of shares of it's stock. If it works then it will probably be a standard for other small companies to follow. This is JMHO.
Anyone who owns PAYD........Nasdaq has put the trading of PAYD shares on a "when-issued" basis, which means that if you buy or sell during this time, the money will not be taken out, or placed into your account until after the "when-issued" basis is removed by Nasdaq. Here is part of the PR.
"The effect of the "when-issued" basis is to take the clearing and settlement of trades temporarily outside of the T+3 rule. The change to a "when-issued" status will prevent clearing and settling trades of Paid, Inc.'s stock during the time that the "when-issued" status is in effect. "
No, but usually when a stock I own changes symbols, it takes a few days for it to show in my account. And if I wanted to trade it during that time I would have to call them. I have Scottrade elite by the way.
PAYD coming back again today after a huge shake. IMO, the MM's are really trying hard to scare up shares, must have a big short position there trying to take care of. LOL
PAYD moving!!!!!!!
RCO moving nicely on good volume
LOL, old habits are hard to break. PAYD looking very good, nice to see them consolidating these gains near the top and not dropping straight back down as they have done in the past.
Good call DeeDee
ISO broke out yesterday, new 52 week high with every tick, .72 now
Thanks bb, hey you know anything about FRTE, came up on a volume alert. Good volume the last 2 days but price hasn't moved. Might be one to watch.
HYTT: I hope so, I'm holding some of that at a loss
Great job, I got out at .70, thought we were in for another couple months of consolidation like before.
DeeDee, you still in PCYL, WOW!!!
Agree bb, came back strong after that ugly shake yesterday.
ISO: If we can just push through .68 it should go nicely.
ISO breakout watch
ISO looking strong again today .63 X .64 now, aproaching breakout of .68
AKLM running hard
PAYD gapping .395 X .40
Same thing I got for the last few hours. Good to have you here, maybe we can start fresh here. Man, looked up and had a dozen or so posts. Maybe this is the start of something good.
Congrats bb on a great first day. Many more to come I'm sure, and I'm looking forward to just being a part of it.
PAYD ready for the end of the day run .38 X .39 now and .39 want last long IMO.
Me too, what's up with IVOC.
PAYD moving strong on high volume. .35 HOD so far.
Volume should make CLSI move. It sure has consolidated long enough.
PAYD looks like clear sailing to .50 bb.
PAYD now asking .33 that quick
CLSI not much volume daily. It's one of those that if volume would come in, it would run big IMO
CLSI yea and it's been that way for weeks.
PAYD looking strong again bb, .285 X .30
BLYC formally BTLY is up this morning. Name change must of helped.
I hear ya.
Exactly, never ever start doing it every day. That's where the problem starts.
You're right bb, worked out great for me so far. I started trading about a year before my printing company shut the doors so I had a little head start. Rolled over my profit sharing of 17 years to another trading account. About through drawing my severance. Will then draw my unemployment out to the max (of which I've never drawn any) and by that time I hope to be able to continue trading and never look back.
oxycotin, no not good stuff, evil stuff. Trust me, I know from experience. Stuff should have never been made.
LOL, you got me thinking about myself, am I unemployeed, or am I a trader. Well....I think I prefer trader. LOL
I'm not in so far, but think I'll get some early Monday. It has definately found a bottom I believe. "JRVR"
Reply to Bruce http://investorshub.com/boards/board.asp?board_id=2128
Well if you check out the Raging Bull PAYD board, that's all they talk about. I've never really taken a side in the naked short issue, but if it is true, with the recent 52 week high breakout and the potential patent news at any time, I wouldn't want to be short any. Know what I mean.
Agree bb, it's been kind of wierd watching all these POS's run wild while PAYD has really been doing nothing, and they're actually a decent little company making money. Guess thats why they say nothing makes since in the OTCBB world.