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Welp, if he is going to exploit it for financial gain, show evidence.
My daughters are princesses. No joke, they are the 13 generation from a King. And our family has record of it and our family tree is on the museum wall on a 200,000 acre ranch.
None of our family who is alive today has ever exploited our lineage for financial gain.
My great grand parents did, whom I met many times, they amassed a $20 million estate. It was my great grand ma and she didn't change her name. 1her last name is very famous and in 100s if not 1000s of history books. Her great nine times over grand pa of hers married a queen whom was a daughter of a King.
I just did a search and there are nearly 1,300 books on Amazon about my family, and I won't say who they are, I don't exploit investors. Dear spouse has two books on Amazon about their family history, and they have done very well over the decades, but they did not use their family name to exploit investors either.
So this guy in my opinion is a fraud.
First off, it is not your T/A it is every shareholders' T/A.
Secondly, outside of a T/A signing an authorization form that they are prepared with new certs with a new CUSIP, they have nothing more to do with FINRA. Good try, Been through quite a few M&As over the years,
Yep, and only a stupid idjet want to convert stock only to have it reduce by half before they sell, Only idjets want to buy the VIX to hedge against , oh wait, the VIX does not track OTCM stocks, You are 100% right, as he said, "buy Mortimer, Buy, Buy it All". Ah you and I know there are too many idjets out there, as I said before, stocks like this are NOT DWAC eligible, therefore there is a clearing time risk and px movement during that period. People claiming to effecting 100s of conversions have never done one before.
Check this out, when I was trading, I knew who you were. I never backed away, I executed the minimum and disappeared, guess what this seller got, the shaft on the balance of the order. Idjet has no clue what he/she is talking about. You get 61% discount, guess what I get, soon as he is done, guess what I do with the stock? Retail it out at a premium.
Just another phony who never set foot in a trading room.
And by the way, I never FTD
Most stinky pinkies are not DWAC/FAST eligible whereby the stock is electronically deposited in a couple hours. Therefore, conversions are physical and takes approximately three weeks to settle. Which is why some companies have (not NSS) short positions or FTDs. They personally know MMs and sell during the clearing process, the trader will sell in the trading account and then flip the trade to cover to the retail client account when the stock settles. The retail client cannot NSS.
But back to the subject and not the process, conversions like "static" stocks due to mitigating risk.
Trust me, I never had these retail clients as most of mine were 80 year old Beverly Hills Jews, I even had Sly Stallone, and the Charlies Angels and Jimmy Stewart, but I had clowns come into me as a contra and I knew what they were doing. The aforementioned never traded penny stocks. I had a broker that came into me with order flow from all the Castle Rock (Seinfeld), his brother was the CEO and put all his movie star clients in the same stock, and when I saw the first order I knew I was f'd for the day, then there was the clown that showed up with some BB/Pink crap order that I had to work.
Professionally trading is not easy and not some dude buying $500 of some stock and watching it for months.
First off, that is 36 minutes, and after 2 minutes I closed it out. They have no idea what they are talking about. You and I cannot NSS. When I was trading professionally, I did it every day. I rarely called stock loan, only if directly executed a trade for a retail client that did not go through my trading account. Butt out of the roughly 2,200, I may have had 2-10 short positions held overnight. I tried to close out all my positions daily,
These people on youtube have never shorted a stock let alone know how to NSS. I was very fortunate to work for two of the largest financial institutions on the planet. I could have destroyed all 10,000 pinkies in one day. Butt I didn't, I liked my job. Many of these MMs and Agency firms do not have the net capital to NSS theses stocks except for a day trade for retail clients and clip the spread. If they get past the net cap, their clearing firm will call them the next day and cut them off, which means raise money, borrow money or go out of biz
Dear spouse got a CFO job at some cattle ranch in Omaha, flew back to California fast and never looked back. That was straight out of grad school. I only been to NE once and that was driving through on the I80. WB can enjoy NE all he wants
I think the numbers are way off for the airlines. My uncle is the last pilot employed in the family and has not flown in months, but they have cash and are funded.
So you hare paying him over $200,000 per year for him to sit at home and gardening...they will get it from you in two years.
Welp, I think we got 21%, and compound interest as you said is a great concept. Everyone in my family (except for me as I am a rec pilot) were airline pilots except for my dad which went Navy pilot. And they all made good $$$. Dear ma was the head accountant for the largest golf co. in San Diego, 401K matching. Dear grandparents were the ones that got me out of flying and into finance, and since he was a pilot for Hawaiian Airlines, he put his money into Hawaiian Credit Union. I recall he got the full 21% compounded yoy, And since I and dear spouse were the only finance people in the family, we wound up the estate and I think from the ledgers...not just what they told me when I was young, but none of my family came out to Hawaii for financial work, they just came out for antiques and take art from the wall when I left and collect checks from the bank. And they were stupid, they all got f'd from probate because they wanted me to do the work, but not be there with the lawyers and the bank reps.
But in the end you are right, dear ma is a millionaire for being a college drop out accountant with matching 401k, I don't know how dear dad had a 401k with the Navy, I dont know how all my family have homes all over the planet, they are all tit lipped and I guess it is none of my biz
First, if she is self employed, and generating income she is filing Self Employment, which does include SS tax. The SS tax maxes out at a certain point, you can only pay so much into it per year.
But this is from the IRS website...
Well, I don't know your age, but I think I do, back in the day we had 21% interest rates and that was compound int.
It created a lot of wealth back then. The thing was retaining wealth.
Yep, Compounding Interest was great back in the day before 0% rates. But at least set up an IRA, 401K, Trust and contribute so you cannot touch it until you legally can or an absolute emergency and take tax hit if need be.
Like I said, that woman's hubby was prolly only making $2,700 a month, but some of the NYPD's finest were making $100,000 / yr. I know a few of them, they live in nice homes but eat at diners.
It is a tough subject. I cannot stand that commercial with her, and I agree with you. But if he was a Sgt. and she was stupid enough to have seven kids and a stay at home mom, they were living off $2,700 a month according to the military. Before that particular commercial came out, I donated to the cause. I just don't like crying whoa is me people. I only donated because I lived a few blocks from Ground Zero and walked by almost every day and Marky Mark is the spokesman, and he opened the door for dear spouse at Nobu one day, which he didn't have to. He was with his posse and jumped in his $450,000 Bentley. He didn't have to, that was a class act.
Dear spouse worked for Stat some six or seven years ago. Spouse was on the M&A team, Stat bot a NASDAQ Co. for $5 Billion. They had a $300 million deficiency and was task to find it. The SEC mandated it. Dear Spouse found it It was lost in currency translation and on top of it, the corps. had different software. It took a few months to reconcile.
Who cares, people changes names all the time, even Statoil changed their name, did not make anyone $ and Statoil is worth some $60 BILLION, changing their name didn't do chit.
I have not heard the term "static" except from me. I 100% agree with you. Static stocks are favorable, dynamic stocks can become risky, even with a discount.
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Your prolly right, but don't forget, they prolly use Agency Traders 50% of the time, not just MMs. I have never had an account with NITE or Citadel nor Canacord. And I was not a MM, but an Agency Trader. Not every trade was MM to MM, it usually was Agency to MM to Agency.
i don't disagree, he was up to something in wealth management clients, but in the trading room, he prolly had no clue what was going on.
I could insert President Obama as CEO of my corp. and he would never know.
For a cfo, patty does not even know they are not "audit opinions".
There is a street corner for stupid scammer cfo idiot asking for a $1 donation. Go stake your spot.
Yes, there is/was an astrological fund, and that was an affinity following. Catholics only invest in certain corps., etc.
When did these people first hear of C-19, now they think they have a disinfectant
They usually back date them, then claim to find them behind the desk after all these years,
Dear parents have their retirement account at my old firm ML and I did not suggest him. They found him on his own. I know peeps at ML, obviously, checked him out and he has a good record.
Dear parents ask my opinion on their positions, I say I think he has you over diversified, but trust him...no advise from family to family.
That is funny you say 90%, I believe 95% of humans are stupid. So we are close.
Great choice of the word "affinity", you are right about that.
Madoff was stupid. When we got block trades, we did not put them on the wires or trade them electronic, we picked up the phone. And MADF traders were horrible and I made quite a few profits off them. I don't think Bernie was paying attention.
Sorry Janice, but most of my BB trades were executed electronically. All SOES trades were electronic as well, and I did not pay attention to them until end of day and they were called SOES Bandits and were a pain the arse. Dealing with 100 trades worth $50 when I wanted to go home pissed me off.
OTCM as we know is a marketing website and generates revenue by charging issuers fees. Broker Dealers generates revenue via orderflow. The term "expert" is a great marketing tool to induce the purchase and sale of securities to make people feel like experts, whether they buy $500 or $5,000 of some pink sheet stock.
Butt, most trading these days are automatic order matching. Back when I was trading, both firms were wirehouses, which most of our orders were electronic and that was some 30ish years ago. I have been in a few trading rooms recently, and nobody even looks at their screens.
Tasting notes of Sherry Oak, with smoky oak and salty sea sounds quite good.
Try a 12 or 18 year Glenkinchie with an Ashton, David.s as well as AVOs are good too, smooth.
Yah, I got astig. too, but my doc wanted me to get surgery, then this junk happened and now one cannot get an elective surgery, grrr. So, hence my funny spelling. these days,
That is not accurate, most trades from the NYSE to the OTC are electronic. Once we lost power and we had to trade by cell phone in some 1991 or so using my Motorola 8000 Brick phone, that was a blast from the past. But today, everything is order matching and traders don't even trade anymore.
Welp, I have a 15 yr Glenlivit and a 18 yr Dalmore, along with CIRQ and Kosta Pinots, your more than welcome. But my cataracts are killing me and I cannot see blank. I cannot wait for this crap to pass so I can get non-elective surgery.......my eyeglasses and contacts don't work well and further. I cannot read 24 page docs right now.. I need dear spouse to read them to me.
Correct.
First off, an issuer has to listed to uplist. OTC Link is not a National Exchange that one "lists" on.