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.
you guys want to get the party started in the clinker?
If the shorts are bothering you, this is how to fix it!
A question among many retail investors' mind is how to prevent short sellers from borrowing our own shares. This is a good question because when our shares are lent to short sellers the shares are effectively used against ourselves in helping put downward pressure on our stock. In principle, if people can't borrow shares they can't do further short selling. There are exceptions to this principle, i.e., naked short selling which is done both legally and illegally. Market Makers are allowed to legally naked short a stock as long as they stay within the parameters of law. Whether the legal requirements are always followed is another story.
A recent headline exposed illegal naked shorting and immoral practices at Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC) (Goldman, Merrill E-Mails Show Naked Shorting, Filing Says?).
PAY ATTENTION HERE IT GOES
Many retail investors think by placing a Good Till Canceled order (GTC) they can prevent their shares from being lent. A quick survey of some brokers indicated this to be more of a myth than reality. While some brokers may act as such, most don't recognize an open order as prohibitive of lending shares.
The surest way to prevent lending of shares is to have shares in a "Cash" a.k.a. "Type 1" account. Some brokers like Fidelity Investments allow positions to be in Type 1 and Type 2 (Margin) in the same account. Some like Scottrade do not allow mixing of Type 1 and Type 2 in the same account so a customer has to open two separate accounts, one as Cash and one as Margin.
Moving shares between account types is simple - some brokers even allow it to be done on the phone - some require a fax or email confirmation.
Different brokers treat margin accounts differently as stated in their margin agreement. Some like Charles Schwab (NYSE: SCHW) only lend out shares up to the amount of the account's margin debit balance. This is a more favorable treatment than Wells Fargo's (NYSE: WFC) policy that regardless of carrying a debit balance or not if you have shares in a margin account they're lent out. This is in line with Wells Fargo Brokerage's poor ratings. Scottrade is somewhere in between. They will only lend out shares if you have a debit balance but even a 1 cent debit balance allows them to lend out all your shares (although their margin agreement says they can lend out shares in a margin account regardless of whether there's a debit balance or not).
The best way to prevent borrowing of shares is to have all of one's shares in a Cash account, or transfer the shares to the Transfer Agent, or get a certificate. If margin buying power is needed a good practice is to have only enough shares in a margin account to give the buying power one needs and the rest in a Cash account.
This subject is particularly important to holders of heavily shorted stocks which have had a big run up like Arena Pharmaceuticals (NASDAQ: ARNA) which has recently doubled and in my opinion is on the way for at least another double upon FDA approval which is expected on or before 27 June 2012. When a stock makes a big upward jump, shorts can get margin calls and some big shorts may want to dampen the rally by shorting more so they need to borrow shares.
In the case of Arena the majority of shares are held by retail investors which makes the stock more volatile. When the majority of shares are owned by institutions, which typically have lower turnover, a stock price is more stable. Being able to borrow shares is important for day traders and swing traders who short highly volatile stocks. With imminent approval, demand for shares by institutions should put further pressure on short sellers. Many retail longs like to help put further pressure on shorts and one of the easiest ways to do this is to make sure their shares are held in a "Cash" account.
Lastly, some brokers have a securities lending program which return to the customer some of the interest earned from lending their shares out. Some brokers just pocket that interest and the customer gets nothing for lending shares out. In my opinion lending out shares is never a good idea because it makes your shares work against yourself, and even if you earn a bit of income, you'd probably make more from a rise in the stock price which you'd help with by not making your shares available for shorting.
Anyone want to buy 30mil shares at .0001?
Going once
Going twice
Sold!?
618k round about
Good post! CJ is old girl :)
Get used to her. She is Hippocratic, bash one day pump the next day.
Have fun with her. Lol
All right! CJ is here to bless use with her wisdom.
Still on Ihub payroll?
12-19-12
I have not taken a position yet. DD'ing. Has the CEO made untruthful statements before?
“We believe that now is not the appropriate time to conduct a reverse split of our stock,” said Gary Rabin, ACT’s chairman and CEO. “When we sought shareholder approval to complete such a move, we said that we would only pursue it if the market conditions were right, and a stock split would allow us to list on a National Exchange. While listing on such an Exchange remains a high priority, we believe the focus by our shareholders on a reverse split has contributed to a sharp decline in the price of our stock, despite the significant progress we have made in our clinical programs. We hope that by removing the reverse split from consideration at this time that investors will again focus on the potential of our technology and the promising results we have had in the clinic to date.”
If the shorts are bothering you, this is how to fix it!
A question among many retail investors' mind is how to prevent short sellers from borrowing our own shares. This is a good question because when our shares are lent to short sellers the shares are effectively used against ourselves in helping put downward pressure on our stock. In principle, if people can't borrow shares they can't do further short selling. There are exceptions to this principle, i.e., naked short selling which is done both legally and illegally. Market Makers are allowed to legally naked short a stock as long as they stay within the parameters of law. Whether the legal requirements are always followed is another story.
A recent headline exposed illegal naked shorting and immoral practices at Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC) (Goldman, Merrill E-Mails Show Naked Shorting, Filing Says?).
PAY ATTENTION HERE IT GOES
Many retail investors think by placing a Good Till Canceled order (GTC) they can prevent their shares from being lent. A quick survey of some brokers indicated this to be more of a myth than reality. While some brokers may act as such, most don't recognize an open order as prohibitive of lending shares.
The surest way to prevent lending of shares is to have shares in a "Cash" a.k.a. "Type 1" account. Some brokers like Fidelity Investments allow positions to be in Type 1 and Type 2 (Margin) in the same account. Some like Scottrade do not allow mixing of Type 1 and Type 2 in the same account so a customer has to open two separate accounts, one as Cash and one as Margin.
Moving shares between account types is simple - some brokers even allow it to be done on the phone - some require a fax or email confirmation.
Different brokers treat margin accounts differently as stated in their margin agreement. Some like Charles Schwab (NYSE: SCHW) only lend out shares up to the amount of the account's margin debit balance. This is a more favorable treatment than Wells Fargo's (NYSE: WFC) policy that regardless of carrying a debit balance or not if you have shares in a margin account they're lent out. This is in line with Wells Fargo Brokerage's poor ratings. Scottrade is somewhere in between. They will only lend out shares if you have a debit balance but even a 1 cent debit balance allows them to lend out all your shares (although their margin agreement says they can lend out shares in a margin account regardless of whether there's a debit balance or not).
The best way to prevent borrowing of shares is to have all of one's shares in a Cash account, or transfer the shares to the Transfer Agent, or get a certificate. If margin buying power is needed a good practice is to have only enough shares in a margin account to give the buying power one needs and the rest in a Cash account.
This subject is particularly important to holders of heavily shorted stocks which have had a big run up like Arena Pharmaceuticals (NASDAQ: ARNA) which has recently doubled and in my opinion is on the way for at least another double upon FDA approval which is expected on or before 27 June 2012. When a stock makes a big upward jump, shorts can get margin calls and some big shorts may want to dampen the rally by shorting more so they need to borrow shares.
In the case of Arena the majority of shares are held by retail investors which makes the stock more volatile. When the majority of shares are owned by institutions, which typically have lower turnover, a stock price is more stable. Being able to borrow shares is important for day traders and swing traders who short highly volatile stocks. With imminent approval, demand for shares by institutions should put further pressure on short sellers. Many retail longs like to help put further pressure on shorts and one of the easiest ways to do this is to make sure their shares are held in a "Cash" account.
Lastly, some brokers have a securities lending program which return to the customer some of the interest earned from lending their shares out. Some brokers just pocket that interest and the customer gets nothing for lending shares out. In my opinion lending out shares is never a good idea because it makes your shares work against yourself, and even if you earn a bit of income, you'd probably make more from a rise in the stock price which you'd help with by not making your shares available for shorting.
I hear you. I hope it does go up. I'll get back in once it's above .001. The chances are slim though. To many convertibles due starting in five days and a R/S is guaranteed to cash the convertibles.
Ouch! Does not look good here.
DDLS must be new to the penny bio's . Any company that's sitting on a pile of cash is going to have lawsuits. Like if you won the Mega, someone would try and sue you for something. I have not done my DD on this fully but I'm comfortable saying this... Most bio's pay some debt with convertibles, not from shares in the float. Again, haven't dug in all the way yet. What I have seen so far I like. Was looking for a penny eye stock with explosive growth in the long term.
Oh, just in case you where mixed up with the whole share thing, all those 4's are company purchases, not to pay bills. Normally it's a sign of lowering the float with out screwing the share holders with a R/S. in short that means the CEO cares about share holder value. I bet if you fired off an email he would get back to you also. Give me a couple days to DD this bugger and I'll be more than happy to explain any questions you may have. :)
Me too!! Sure is nice to be on a board that is not censored by the bashers at Ihub! Let's see if this bugger moves tomorrow. I'm starting to think tree huggers don't invest?
I'm doing good, thanks for asking. Sure am glad I did not buy into this!
What makes you think it's crashing?
I have been limited to two posts every twenty four hours. Been here from Oct. pretty much just read the board for amusement now. Stocks going to do what it's going to do no matter what anyone says on this bias board. This is one of the very few stocks that will sky rocket, only question is... How long will it be delayed. I sure would not want to be out of this stock when the JV's (yes, plural) pour in. Your out of your mind if you don't think phone calls and in person meetings with big parma's are taking place as I type this.
Info on how to watch tomorrows web cast: 1-09-13
Company will make the Biotech Showcase 2013 webcast link available on its website at www.amarantus.com several days before the event.
Patients pays! In from .0065,
NFL donating $30 million to NIH for brain injury research
http://m.washingtonpost.com/blogs/football-insider/wp/2012/09/05/nfl-donating-30-million-to-nih-for-brain-injury-research/
The NFL has supported sports-related medical research for decades through NFL Charities Medical Research Grants. Since 2000, NFL Charities has committed grants to non-profit medical facilities nationwide, including studies on brain injury, ACL injury prevention and heat stress risks.
2012 NFL Charities Medical Grant Recipients:
http://prod.www.rams.clubs.nfl.com/news-and-events/article-1/NFL-Charities-Awards-More-Than-15-Million-In-Sports-Medical-Research-Grants/5b3a9b56-94b3-41de-ac3a-b55e7fc6944b
Stipulations for a NFLC grant -medical-
http://www.nflcharities.org/grants/medical
Conference is the news. Link in the 8-K if you want to watch live. :)
Shitty company here. They promised long ago to announce spokesperson. And they can not get the filing in.
You actually listen to the message boards for long term investment advise?
It's only good to monitor if your day trading. Long term investments warrant DD on your part and only your part.
Good luck.
Can hardly wait to count the "oh mans" on Friday. Lol
People selling do realize Amarantus can tell the world tomorrow and Wednesday that they have a possible fix, right?
AMBS not your every day penny stock.
I care to see if I've made the right call of getting out of this stock.
I've got this last post.. What the heck.
Poison pill explained:
A shareholder rights plan, also known as a "poison pill", is one of the most effective defense tactics available to publicly traded corporations. A poison pill is designed to make the transaction being pursued by a hostile bidder extremely unattractive from an economic perspective, compelling the bidder to negotiate with the target's Board of Directors.
Generally, a poison pill issues rights to all existing shareholders, with the exception of the hostile suitor, to acquire stock of the target (or of the aggressor upon a subsequent merger) at prices significantly below market. These rights are triggered by certain specified events, such as the announcement of a cash tender offer or the acquisition by an outsider of a specified percentage of the target's shares. Thus, a poison pill is effective because it dilutes the economic interest of the hostile suitor in the target, making the transaction both economically unattractive and impractical if pursued on a hostile basis.
Interesting I've got messages from her that claims she does hold a position in AMBS.
What a joke! Just goes to show you the duras tic steps one will take in an attempt to sway investors.
All you have to do is read her post history. On that article she wrote she should have disclaimers saying she is a moderator for IHUB!
Let's start being a little more truthfully karen.
What's everyone's thought on this company?
10Q should be out tomorrow. Very disappointed spokesperson has not been announced.
Looking to flip out of this one soon as the opportunity presents itself!
If you have old shares in your account with sell limits you need to cancel those limit orders until new shares are replaced. Your giving the market the impression your trying to short. Once you get new shares redo limit sells.
Spent some time with broker on phone. Etrade is making the switch at market close today. Unless you call, I have them manually entering my shares now and will be converted any moment.
Depends if its going to be electronic transfer or actual paper shares. I spoke with my broker and I'm leaning towards them being electronic.
It will run very soon
CSTI & NITE are working it really good. When the normal market hour kicks off this is going to fly! If we don't end up getting a pre market to start it flying.
New 52 week high today people. Bickel up, keep hands and legs inside and zip your pockets up!
Two posts a day. I'm using this one just to agree. Today is going to be very EPIC! We are getting ready to fly all ready this am.
We are getting ready to move very soon.
That's called insider trading if something big happens soon. Name Martha ring a bell?
Fate sealed when he bought shares. Dead give away on one last effort to up th pps
Etrade is active today on AMBS
AMBS. Second choice, BMSN
Explain this! Dilution be leavers.
Normally I provide proof links. In this case the info came from my trading account. Please let everyone know, you know how to navigate your trading account.
Not seeing any Dilution People!
Info came from Trading Account.
0 insider activity in the last five years.
Ownership:
Martin D 1.7M
Gerald E 6.6M
John W 18.0M
Marc 659,7K
Robert L 1,3 M
Saamuel 10.3M
Patrick 7.8M
Eugene 620.7K 21.40% Ownership Total shares Held 47,809,644
Need help figuring out the A/S shares from here? Lol
Last post of the day. You can take this post to the bank!
Last ditch effort by insiders to move pps. That's an easy one to see on the MM board. Just a guess, I'd say they will be folding sometime in January.