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.
2late: I agree with you 100% and that day is not far away imho.
World events are involved here and the signs of what is happening are everywhere. Can't say when it will happen but like you convinced it will happen and the day is coming when we will receive recompense for how we were treated. Would anyone here be surprised if TM were approached by some heavy hitters who know what happened here and recognize the value of our locked in shares? Merger? Tender offer? Who cares as long as maximum value is extracted from those who worked so hard to steal our investment. Go BCIT!!!
molson ice: Instead of spending all your time complaining you really should spend some time researching naked shorting. Have you read any of the 19 chapters so far? I doubt it. If you had and you were keeping current on world events (Italy banned naked shorting this week) read about how the TASR shareholders just won a settlement against the largest investment banks in the world for abusively naked shorting their stock you well might have a better grasp on who we are up against here.
Complaining on a message board about the sorry state of affairs accomplishes nothing. How long has it been since you last complained to your Congresscritter? Years I bet. If you find my positive outlook distasteful then put me on ignore. I am doing everything I can humanly do to see that this criminal behavior ends and I am confidant that despite the strength of our opponent good will prevail over evil. If I did not I would not be posting, period. Hope that helps you to understand exactly where I am coming from. Go FFGO!!!
"Success at FFGO will only hurt criminals guilty of abusive naked short selling." Vianna Spot on Vianna and it is coming like a freight train. Italy banned naked shorting this week and has now joined many other European contries. FFGO is going to be a very expensive failure for the criminals who abusively naked shorted the stock. Kudos to FFGO managment for devising a plan that protected the major assets of the company and the shareholders investment while regulators worked to rid our markets of those who had pillaged and plundered for years.
Golden days ahead and we are solidly above the $1,500.00 per ounce mark and headed higher. Go FFGO!!!
3400%+ is an awesome return!
Nobody may be buying at the moment but nobody is selling either.
Locked and loaded and waiting until the non existant shares presently in the market have to be repurchased by those who sold them. Go CDIV!!!
rubberworm: You get it! More folks are getting it each and every day. Our army is growing larger and more powerful. Thank God for Patrick Byrne for he is a true hero and Patriot! We must all continue to demand an end to this criminal financial terrorism. Good always prevails over evil although at times good is frustratingly slow!
GrooveMaster: We agree that what has and still is going on is deplorable. Like you I have been pressuring politicians for years with little effect. They have put the world in chaos financially due to their willingness to look the other way. I do think we are finally making progress and as new rules from the Dodd/Frank legislation are implemented (derivatves clearing on 7/15) that progress will hopefully accelerate. I encourage all reading this thread to continue to be a squeaky wheel about naked shorting. Other countries have completely banned it and we need to do the same here.
FlatEarthSoc: 3 years of accumulation to be sure. Can you say huge naked short? The miscreants have held SRSR and its shareholders back by selling non existant shares since before Scott came on board and still are. The good news is Scott with the assistance of experts has devised a plan to free us from the criminals.
Thanks SRSR for fighting this war to win. SRSR shareholders are blessed to have strong unyielding management who care about their shareholders along with assets worth billions. Go SRSR!!!
OldBen: Follow the money! Through many twists and turns hedge funds offshore etc. etc. etc. following the money backwards and you will likely end up at a small group of "investment banks" who have been making huge profits and paying their executives outlandish bonuses. Some of these folks were put in the too big to fail category and some screamed like stuck pigs when it was their stock that was being naked shorted if you can recall. Some of these folks just ended up paying a settlement for abusive naked shorting to TASR and its shareholders and many of these very same players are facing RICO charges in the upcoming Overstock trial. Many of these folks have received mention in a recent serial being published here on the net. So I would not be worried about there being enough money to pay the shareholders because when all is said and done it will end up being the taxpaying public that will end up paying when the miscreants are broke. I believe we are nearing the day when we will see major changes come into play including new rules and regs effecting derivatives on July 15th as part of the Dodd/Frank legislation. Remember FFGO management told us this would take a while and even though they could not tell us exactly how long, once accomplished management felt shareholders would agree the wait was well worth it. I think the shareholders wait is finally almost over. Stay tuned. Go FFGO!!!
Nice to see movement in the right direction but as the song says we've only just begun! Go SRSR!!!
What would be really neat is if we have a shareholder that either lives near the headquarters or is making a Florida visit and will make a site visit, take some pictures, etc. and post sharing their info and take. Go UNQT!!!
Seems like they are making steady progress! Go UNQT!!!
http://www.businessweek.com/news/2011-07-11/italy-orders-short-sale-disclosures-after-market-falls.htm
Naked shorting causing problems worldwide!
"how in the world could anyone ever blame management" puppydotcom
Management does not deserve blame, they deserve lots of credit for designing a plan that protects the shareholder base as well as the most significant assets owned. The naked shorting terrorists are the ones who deserve to be blamed and that becomes increasingly clear with each new installment. Go FFGO!!!
3400%+ is well worth the wait!
rubberworm: The worm is finally turning. Read the two posts that follow this one and you will clearly see folks are putting the pieces together: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65039674
The Miscreants’ Global Bust-Out (Chapter 19): How the Mafia-Jihadi Nexus Made Penson Financial the Biggest Brokerage on the Planet
by Mark Mitchell
09 July 2011
The Blind Sheikh (photographed) called on jihadis to destroy the American economy. And his friends played a big role in building the largest brokerage in America--a brokerage that did significant damage to the U.S. markets.
http://www.deepcapture.com/the-miscreants-global-bust-out-chapter-19-how-the-mafia-jihadi-nexus-made-penson-financial-the-biggest-brokerage-on-the-planet/
SevenTenEleven: Lets hope that tomorrow being 7/10/11 will result in good news for FFGO shareholders. Can you make the bid .25 rather than the ask? lol Go FFGO!!!
"No they don't. Clearing firms order buyins." Janice Shell
So when say Penson or any other clearing firm does not follow the rules and order the buyins for all the FTD's the regulators do not order them to?
If that is the case then no wonder there are so many FTD's!
Go EIGH!!!
My one allowed post for the day!
rubberworm: I sent EIGH an email today asking that they try to obtain Directors with good credentials and also suggesting that they begin the process of being a fully reporting company knowing that that won't happen overnight. I hope others email them with suggestions as well.
Anything is possible I suppose but I would hope not!
"Being on the greys does not help those short. May even make it worse for them. Buyins could be a real hassle." SevenTenEleven
I agree but the big thing is that the regulators order the buyins.
I am hopeful EIGH is able to recruit some well respected Directors who will not only contribute good guidance and direction but will increase the comfort level of shareholders.
Go EIGH!!!
My one allowed post for the day!
fwayneh1: Thanks for that link. The FFGO plan is designed to beat the shorts at their own rigged game imho. Billions of non existant shares have been purchased by folks since that plan for the A's & B's was announced. Each day as reflected in the FINRA short report the shorts liability increases. Since that cold winter day last February when well over a half a billion non existant shares were purchased those short are well aware of their problem here. Purchase orders of size either take hours to get filled or as in one longs case who has an AON buy order in for 100 million do not get filled at all. My last purchase which was a tad under 10 million took several hours to fill and I have read that others have had similar issues getting filled. No question we are fighting a very powerful enemy but imho good always prevails over evil although at times good is frustratingly slow. Go FFGO!!!
High quality gold deposits becoming more precious
Friday, July 8,
Investors riddled with doubts will be relieved of their high quality gold shares by those that understand gold and the dynamics behind it.
Headline: High quality gold deposits becoming more precious
Global gold production may have hit a record last year, but that doesn’t mean the stuff is getting easier to find. Clarus Securities analyst Laurie Curtis wrote that the growing difficulties in finding gold suggest that high-grade deposits will command a stronger premium over time.
Citing data from the Society of Economic Geologists, Ms. Curtis noted that the number of deposits and total ounces found peaked in the 1980s “and have been steadily declining ever since.”
Additionally, the cost of discovery has increased from US$10 per ounce in the 1980s to more than US$47 an ounce in 2009, and there has been a decline in the average gold mining grade from 10 grams per tonne (in 1965-1975) to less than one gram in 2008, according to the data.
http://edegrootinsights.blogspot.com/2011/07/high-quality-gold-deposits-becoming.html
original post by mtcotc
Never say never the ask is now showing as .25! Go FFGO!!!
This is nice to see. The tide is turning:
SOURCE: BioTech Medics, Inc.
July 08, 2011 11:53 ET
BioTech Medics, Inc. Wins $1.78 Million FINRA Arbitration Award Against NevWest Securities
DALLAS, TX--(Marketwire - Jul 8, 2011) - BioTech Medics, Inc., (PINKSHEETS: BMCS) announced today that it has been notified by a FINRA Dispute Resolution Arbitration Judge that BioTech has been Awarded $1,788,841.00 in compensatory damages, plus 6% per annum pre-award interest from November 8, 2007, plus post interest, legal and filing fees.
The FINRA award originated from the criminal illegal manipulation, forgery and theft of BioTech stock by a group of ten or more individuals who have been indicted by the US-DOJ, US-Attorney General, Las Vegas in the matter of USA vs. Jeffery G. Turino, et al. The Board of BioTech has successfully claimed and proven that BioTech stock was illegally manipulated, forged and stolen since October 1, 2004. BioTech became a public company on December 7, 2004 in a reverse merger with Corbel Holdings, Inc.
BioTech claimed that NevWest failed to file Suspicious Activity Reports (SARs) on the trading of BioTech stock, violated state and federal securities statutes, violated Section 27.01 of the Texas Business & Commerce Code and violated the consumer protection statutes.
The Board of Directors issued a statement that on behalf of the legitimate BioTech shareholders they are pleased with the FINRA Award. They wish to thank the law firm of Shepherd Smith Edwards & Kantas, LLP. BioTech also has several other FINRA complaints filed against other securities brokerage firms regarding the same issues as well as a Nevada lawsuit against Wells Fargo Bank NA, et al.
BioTech is affiliated with drug-free BioTech Laser pain management centers. BioTech is the manufacturer of SHBAN Alcohol Free Hand Sanitizer. SHBAN is superior to alcohol hand sanitizers because it is long lasting and non-flammable. SHBAN is colorless and is gentle on hands.
Safe Harbor: Forward-Looking Statements
This release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In Particular, when used in the preceding discussion, conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed. The FDA has not evaluated the SHBAN statements above. SHBAN is not intended to diagnose, treat or cure any disease.
http://www.marketwire.com/press-release/biotech-medics-inc-wins-178-million-finra-arbitration-award-against-nevwest-securities-pinksheets-bmcs-1536050.htm
SevenTenEleven: The worm always turns just as good always prevails over evil although at times it is frustratingly slow.
I suspect we are about to see a reversal of fortune from those who made trillions via short selling. Recent naked shorting settlements, upcoming court cases, pressure from regulators who are being pressured by politicians are all contributing to the worm turning. No doubt some hedge funds are studying the landscapte for targets that they can make huge returns by taking positions where huge shorts exists. They will be happy to feast on their brethren and will know exactly what tools (bid stacking) to employ in order to obtain their desired result. If that is what it takes to make naked shorting history, so be it. Will ZAGG be one of their targets? That remains to be seen but it sure seems to have some of the qualities that would make it a prime candidate.
fourkids_9pets: I like your plan. It seems like a sound way to grow your core holdings and letting those short pay for that growth. Obviously if the company makes an announcement which causes a significant number of the legit shorts to cover those hidden unreported naked shorts will be under tremendous pressure especially if buyins are ordered on the FTD's. Interesting days ahead to be sure.
I agree the plan is brilliant! Lock the shorts in along with the longs letting both sides know what to expect and then wait for the regulators to do what is necessary to clean up and eliminate naked shorting. We are almost at that point imho based on recent changes viz a vi Penson, recent naked shorting settlements with GS, BOA, MS, etc.. I think we will start seeing more and more short squeezes which will be good for America as it will bring the money presently hidden and untaxed offshore back into America and taxpayers hands. We my see some hedge funds and even boutique brokerage firms that prospered the past 10 years go under in the process but I do believe we are close to seeing an end to naked shorting. Go NMGL!!!
I am sure you will be as happy as I am to see those who are due dividends receive them. Thankfully that is part of the companies announced plan. Won't those shareholders from years ago be surprised when they finally get compensated? I think they will be thrilled and it will be like manna from heaven. Think of the good will it will create with all those folks who have not been following the process. It will be expensive for those who were short those shares from years ago but those who chose to break the law knew they were doing it and deserve whatever consequence is coming to them. I honestly belive naked shorting will be history in our markets before long. Prior to it ending we will see a number of short squeezes that will bankrupt some and cost others their jobs but in the long run America will be a better place having rid the criminals from the system. Look at what is going on with certain brokerage firms and clearing firms to say nothing of the settlements being reached and then read between the lines recognizing the fact we are moving at the speed of government. Go FFGO!!!
Bill: Your comments motivated me to post this email which I received yesterday. I hope it offends noone!
This has been around before, but still interesting..
______________________________________________
Wal-Mart vs. The Morons
1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.
2. This works out to $20,928 profit every minute!
3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.
4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.
5. Wal-Mart employs 1.6 million people, is the world's largest private employer, and most speak English.
6. Wal-Mart is the largest company in the history of the world.
7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this in only fifteen years.
8. During this same period, 31 big supermarket chains sought bankruptcy.
9. Wal-Mart now sells more food than any other store in the world.
10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.
11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores. (Earth's population is approximately 6.5 Billion.)
12. 90% of all Americans live within fifteen miles of a Wal-Mart.
You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy.
This should be read and understood by all Americans Democrats, Republicans, EVERYONE!!
To President Obama and all 535 voting members of the Legislature,
It is now official that the majority of you are corrupt morons:
a.. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.
b.. Social Security was established in 1935. You have had 75 years to get it right and it is broke.
C.. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.
d.. War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor" and they only want more.
e.. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.
f.. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.
g.. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 32 years to get it right and it is an abysmal failure.
You have FAILED in every "government service" you have shoved down our throats while overspending our tax dollars.
AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM ??
Folks, keep this circulating. It is very well stated. Maybe it will end up in the e-mails of some of our "duly elected' (they never read anything) and their staff will clue them in on how Americans feel.
AND
I know what's wrong. We have lost our minds to "Political Correctness" !!!!!!!!!!!!!!!!!!
We're "broke" & can't help our own Seniors, Veterans, Orphans, Homeless etc.,???????????
In the last months we have provided aid to Haiti , Chile , and Turkey .. And now Pakistan ......home of bin Laden. Literally, BILLIONS of DOLLARS!!!
Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries! We have hundreds of adoptable children who are shoved aside to make room for the adoption of foreign orphans.
AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without 'needed' meds, and mentally ill without treatment -etc,etc.
YET......................
They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies..
Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries. Sad isn't it?
99% of people won't have the guts to forward this. I'm one of the 1% -- I Just Did
Received this email a few minutes ago fwiw:
Dear Shareholders and interested parties,
A new Era is about to start for 8000inc. The company is about to announce fresh news as well as updating OTCMarkets.com, so over the next few days please review EIGH.pk quotation for updates and full disclosures to bring the Company up to date, ready for progression.
The 8000inc Team
I agree, it was nice to see the shorts take a licking for a change.
arvitar: Some parts of your post are correct others not so much:
For instance, you are correct that a short would have a hard and expensive time covering while CDIV was on the grays. You are also correct about legitimate shorts covering so they can move on but you are failing to make the distinction between legitimate shorts and the naked shorts. The naked shorts want to drive CDIV out of business and into bankruptcy so they will then have 100% untaxed profits in their offshore accounts. Big difference between legit shorts whom I personally have no problem with and the naked shorters who are criminals and should be behind bars. You may want to spend some time catching up on this issue by reading the serial installments being written by Mr. Mitchell.
You will gain new insight and understand why each day more and more folks are demanding an end to naked shorting. Hope this helps. Go CDIV!!!
Wow! No wonder the hit pieces are being written! The announcement of a 2/1 forward split being paid to shareholders of record as of August 1st could really make things interesting, wouldn't you agree? Go ZAGG!!!
Nice to see positive things happening on a daily basis for the EIGH shareholders. Hopefully management is following a directive laid out by regulators which will atone for past sins.
Hopefully those very same regulators will be ordering buyins of all the non existant shares sold. Could those buyins be delayed until EIGH gets off the pink sheets? Common sense tells me that buyins on the grays would be significantly more expensive for those who had to make them but I have no proof of same. Regardless, it is nice to see good things happening for those of us who own shares. Hopefully we will receive a steady stream of good news as management seeks to restore the confidence of its shareholder base. FWIW longs it was noted that the short position was 34% but that is the legal short position and does not imho include the naked short position which is hidden. Go EIGH!!!
My one allowed post for the day!
I agree with you 100%, the shorters have made huge sums so far at the expense of the CDIV shareholders. I believe the short here is very large and I look forward to the day when buyins are ordered. The failure to order those buyins so far has been a huge disappointment but hopefully that will be remedied soon. I am sure that everyone wants to see the shareholders made whole and that could be quickly and easily accomplished by ordering those holding FTD's to buyin. Good always prevails over evil although at times good is frustratingly slow. Go CDIV!!!
SevenTenEleven: Probably not a real trade anyway. lol Go FFGO!!!
I agree that management came up with a brilliant plan, they have everyone locked in lock, stock and barrell. Neither those who own shares nor those who owe shares are able to escape. I think of it as Purgatory or the Hotel California. When our markets are ready to be cleansed the status will change but until then complaining about your plight will accomplish nothing. Go NMGL!!!
You are welcome and I feel confidant you will find the info you seek at that site. Have a great day.
fujus36: I suspect the information you seek is posted here:
http://investorshub.advfn.com/boards/board.aspx?board_id=18322
There are many, many Penson posts in the last 100 posts on that site. Hope this helps.
I agree it is going to be a tough day for those who are short, especially the smaller shorts as they may well be getting margin calls. Go SRSR!!!