Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
lol its not easy being fat
lol wtf do they say oh good news ok lets sell at .0005
Anyone here put in high sell orders on purpose to stop borrowing of shares for shorting? i.e. right now place one at .0012. Some have said urban myth others say if you put one that it could reasonably hit in a day it will stop it. What's everyones take on that?
Churn for a bit and maybe a EOD run?
Havent been in one this strong for a while!
Read this please. Ever since this stock was it's new symbol "SOCI" from it's old one "CHAT" it showed in my Scottrade account as "#CHAT". I couldn't buy or sell it. I called to scottrade and was told they didn't get some papers from the transfer agent. Anyways I get a letter a few days ago and now when I click the "#CHAT" symbol in my account it does not direct me to any stocks page, not even the SOCI page.
The letter is as follows:
Security Description: CHATCOM INC
161723101/CHAT#
Quantity: 28,000
"We are writing to you concerning your position described above and held in your account. There is no known market for the security and there is no known transfer agent service available. The security is therefore "Non-Transferable," which means that you cannot sell the position through us and we are unable to deliver a certificate to you representing your position. This security has been identified as being subject to the Non-Transferable Securities Certificate Program which is administered by our Security Depository Company, Depository Trust and Clearing Corporation ("DTCC"). Under this SEC-approved program Rule SR-DTCC-2003-03, DTCC will destroy certain certificates that represent positions in securities for which there have been no transfer agent services for 6 years or more. Once DTCC destroys the certificate, we will no longer report this position in your account.
DTCC will retain computer images of these certificates and of related positional information following destruction. These Transactions will not appear on Form 1099'B or any other tax reporting form. Please retain a copy of this letter and your statement for records. If the Corporation reopens its transfer books, we will reinstate your position. Securities reinstated to your account will remain subject to the terms and conditions previously disclosed to you at or after the opening, which include, without limitation, account maintenance fees and asset liquidation to satisfy fee payment.
In lieu of physical certificates, we agree to at all times indemnify and hold you harmless from and against any and all claims, liabilities, damages, and charges and expenses sustained or incurred that are directly attributable to the lack of an original certificate.
We suggest you consult with your tax or financial advisor to determine the consequences to you of this designation.
Scottrade, Inc.
MLR_Lite -> good job. I'll declare you a natural with TA
We looking for this to gap Fri?
OK Highest limit sell order scottrade will let me do is .16 I suspect the nonsells and ones above this value at this time for Scottrade are the ones that can be taken for shorting.
I believe this because for most of Scottrade they tend to use algorithms in their system to run things such as margin amount, daytrading etc. so the user can not exceed the amounts and it takes away paperwork for them.
That is of course if this putting in a high sell order strategy is not an urban myth.
Is this true?
" put in a sell limit of $15.00
22-Oct-09 10:31 am
Now my shares can't be shorted. All longs should do the same. Lock in at a super high number, and watch the bid price rise."
( http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_X/threadview?m=tm&bn=73566&tid=3384&mid=3384&tof=2&rt=2&frt=1&off=1 )
I don't understand how that works, but if anyone else verifies that it actually does, the hell with it I'll do it.
The ever typical lunch hour slow down?
Back to .0016. Profit taking or MMs messing with us?
Is there a closed conference they are having today?
lol a buy of 7000 at .016 then a sell of 50000 at .015 and the BA suddenly went to .0135/.015. Keep the pressure on these MMs!
A little churning.... .0167 to .0170. I am guessing lunch hour slow down.
Whatever manipulation that was they must have just ran out of shares .0112 ask!
How do shares go for .01 when the bid ask is more like .0107 to .0108?
lol we are just smacking .011 chew chew chew
I have been in since 4/17/2007 when it was SFNN and I had a small amount, but at some point it lost a lot of this little amount and I just left it in my account. Should I still email this SEC address and tell them to help investigate?
Just for the sake of not hearing anyone complain for a while....
Cmon Where's my money? How is this thing not up yet?
ok cya next month!
I sat on the ask at .0195 for a minute and then finally filled WOW
Anyone know about these trades?
Time & Sales
Price Size Exch Time
t 0.00 100000 OTO 16:02:00
t 0.00 100000 OTO 16:01:37
t 0.00 100000 OTO 16:01:19
t 0.00 100000 OTO 03/19
t 0.00 100000 OTO 03/19
0.0001 4000 OTO 03/10
0.0001 800 OTO 02/17
0.0001 1000 OTO 02/06
0.0001 300 OTO 02/02
The ones at the very top are just 0.00? is that lower than .0001?
This is just off http://www.otcbb.com
BTW I might as well give up half my shares to get this moving again. So thats one more person.
nutriman24, that is for 2007 when I read it? I thought 2008 was a loss that was discussed during the conf., but at least they will look for non-dilutive funding as stated by the CEO.
I came here originally because I was a flipper and I just decided to hold.
Here is a question I did not see before: Of FDA Appeals for approval, how many drugs are successful with the appeal?
I dont expect a up day even though I'd like to see it. DJI is down 166pt. Almost everything else is red anyhow.
I am going to sing to myself about the news on Friday though!!!
It would help too if the $DJI wasn't down 290 some pts.! Big boards messing us up lol
Sorry on that last one or better yet scottrade should be sorry for their kaka connection
I chased this thing up the last ten minutes and had to keep modifying my limit order. Last buy at 10:53:15 its 11:02 now lol there has to be some buys the spread is soooo TIGHT!!
Well guys it's been nice... in at .21 out at .47 I'll take that and be happy. I've been burned in the past and don't have time to babysit this tomorrow also.
Good luck to everyone.
Maybe some boooyaahhhs start coming out today!
What is a "form t" trade?
16:06:35 - .2192 - 177,500 - form t
It's kind of funny everyone thought it would tank or go up and then it has gone sideways so far today. Does anyone have L2 up right now?
Buy Vol. has more than doubled Sell Vol. its gotta give!!!!
I thought that was part of the bailout package!
stockseekerok,
Thanks for the info. It is a definite fact this stock was promoted. However I am still under the belief that a lot of people owned this around 1.00 and it is still in strong hands with a low float.....
I just picked up some more on this dip at .21. The immediate time I buyed it showed it as a sell. I am guessing that is people profit taking.
I dont have L2s now. How does it look? Nice and thin?
Lots of sales right at the bid. Someone could not get to the comp today and just had a market order in?
an uptick in a down day in the market, how cute
I don't care I'll hold on. The worse that can happen at this point is claim the loss if I sell. I am at least hoping for an added bonus of making paperwork a pain in the *** for them because its the last bit of satisfaction I might get from this stock.
Well even the weather channel is taking this one more seriously than Gustav. I might sell some fri and hold the rest for the ride. The more CNN stops "talkin politics" and starts watching Ike the better for us.
Has anyone seen early damage estimates in the past 2 hours?
Holy hell, it takes up 3/4 of the gulf on the IR view.