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Right back at ya.!!! $$$$$ weeeeeeeeeeeeeeeeeeeeeeee :*)
GM Ask$lapper
Great Morning Lion Den!!! How this year brings EVERYONE "PROFITS"
Happy New Year!!!
Well,, Look at it this way,, beats not having any at all, and those that did sell, Well,, Can't get them now.. LOLOLOL
Everyone here on Mikie's Island!!! ->
I want to take this opportunity to wish Everyone here a Very Happy and Prosperous New Year. We have had some Great times this year in our DD of various stocks, and I hope some had a chance to make a couple bucks from a couple of my picks. I know I have. I have also enjoyed some of the picks others have let us know about.
VLCO,, from .007 - .14 Not to shabby.. :*)
JBII, .60 - 4.00 ,, then 1.00 to 2.50 ... Not bad at all for a little play :*)
BAC of course is just about a Daily ATM machine. I hope everyone noticed that one when I posted it.
A few more, but what the hey, Not here to pat my back, but I hope others did GOOD on their picks too.
I have enjoyed a LOT of chatting with ALL the folks here, and I am hoping 2012 will be even better. I'm again thinking about Mikie's Island on Facebook. Think it could be great.
So,, Everyone,,,, Nappy New Year, and see ya Next Year!!!
Yep!!!
Like WaMu???
Right back at you. We All Deserve it. :*)
Not mine either.. dang,, I thought you had better sense than that.. hehehehehe
See if you can find it / out for me.. I would be interested. I'll be very grateful.. :*)
You can buy it online.. I like the stuff that is home grown... LOLOLOL
FINRA Fines Credit Suisse Securities $1.75 Million for Regulation SHO Violations and Supervisory Failures
Dec. 27, 2011, 10:18 a.m. EST
WASHINGTON, Dec 27, 2011 (BUSINESS WIRE) -- The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Credit Suisse Securities (USA) LLC $1.75 million for violating Regulation SHO (Reg SHO) and failing to properly supervise short sales of securities and marking of sale orders. As a result of these violations, Credit Suisse entered millions of short sale orders without reasonable grounds to believe that the securities could be borrowed and delivered and mismarked thousands of sales orders.
In a short sale, the seller sells a security it does not own. When it is time to deliver the security, the short seller either purchases or borrows the security in order to make the delivery. Reg SHO requires a broker or dealer to have reasonable grounds to believe that the security could be borrowed and available for delivery before accepting or effecting a short sale order. Requiring firms to obtain and document this "locate" information before the short sale is entered reduces the number of potential failures to deliver in equity securities. In addition, Reg SHO requires a broker or dealer to mark sales of equity securities as long or short.
Brad Bennett, FINRA Executive Vice President and Chief of Enforcement, said, "Credit Suisse's Reg SHO supervisory and compliance monitoring system was seriously flawed. Millions of short sale orders were being entered in its systems without locates for over four years because the firm did not have adequate Reg SHO technology and procedures in place."
FINRA found that from June 2006 through December 2010, Credit Suisse's Reg SHO supervisory system regarding locates and the marking of sale orders was flawed and resulted in a systemic supervisory failure that contributed to significant Reg SHO failures across its equities trading business. During the time period, Credit Suisse released millions of short sale orders to the market without locates, including threshold and hard to borrow securities. The locate violations extended to numerous trading systems, aggregation units and strategies. In addition, Credit Suisse mismarked tens of thousands of sale orders in its trading systems. The mismarked orders included short sales that were mismarked as "long," resulting in additional violations of Reg SHO's locate requirement.
As a result of its supervisory failures, many of Credit Suisse's violations were not detected or corrected by the firm until after FINRA's investigation caused Credit Suisse to conduct a substantive review of its systems and monitoring procedures for Reg SHO compliance. FINRA found that Credit Suisse's supervisory framework over its equities trading business was not reasonably designed to achieve compliance with the requirements of Reg SHO and other securities laws, rules and regulations throughout the period at least June 2006 through at least December 2010.
In concluding this settlement, Credit Suisse neither admitted nor denied the charges, but consented to the entry of FINRA's findings. (my bolding for emphasis)
FINRA's investigation was conducted by Jeanne Elmadany and Chun Li under the supervision of Susan Light, Chief Counsel.
Investors can obtain more information about, and the disciplinary record of, any FINRA-registered broker or brokerage firm by using FINRA's BrokerCheck. FINRA makes BrokerCheck available at no charge. In 2010, members of the public used this service to conduct 17.2 million reviews of broker or firm records. Investors can access BrokerCheck at http://www.finra.org/brokercheck or by calling (800) 289-9999. Investors may find copies of this disciplinary action as well as other disciplinary documents in FINRA's Disciplinary Actions Online database.
FINRA, the Financial Industry Regulatory Authority, is the largest independent regulator for all securities firms doing business in the United States. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services. FINRA touches virtually every aspect of the securities business - from registering and educating all industry participants to examining securities firms, writing rules, enforcing those rules and the federal securities laws, informing and educating the investing public, providing trade reporting and other industry utilities, and administering the largest dispute resolution forum for investors and firms. For more information, please visit www.finra.org .
SOURCE: Financial Industry Regulatory Authority (FINRA)
http://www.marketwatch.com/story/finra-fines-credit-suisse-securities-175-million-for-regulation-sho-violations-and-supervisory-failures-2011-12-27
The beauty about our situation at the present time is,win or lose, it is entirely out of our control which imo was all planned ahead of time to prevent any possibility of trading in the stock at a critical point in the proceedings.
Savvy way of doing things.. huh.. I really like what they have done. I also expect to have communication with SH'ers here that might be interested with obtaining a different class of stock too.. JMHO, but I'm Close to being RIGHT ON.. :*)
yep.. best idea I can think of with that fund. They (all parties) would have to be in agreement with that too.
Personally, I would like that better than a cash divi.. ;*)
FWIW, and JMHO,, I have a feeling there might be a spin-off coming...
Yea,, I would think you might be reading too much into it. :*)
Yea,, I'm sure your broker would say that too. That is the normal response.. BUT,, For what ever reason, Don't let them go..
Where's my manners,, kevinktrades and dmlabuda ,,,
Welcome to the Island. Enjoy, and have fun!!!
I didn't know you have updates? Do you?
Folks,, EVERYONE Needs to read this.. Talking about SCAM Companies.. LMAO!!!
http://www.msnbc.msn.com/id/45804987/ns/business-us_business/#.TvvhW1ZWo4I
Well,, Lets see,,,
Depends on Who you ask.. huh...
Nice Post!!! :*)
LOLOLOL... It was Filed... hehehehe
You are going to HURT... LOLOLOL
:*)... Happy New Year..!!!
If you would like more information or more clarification please email tpm@energy-source-inc.com.
This is the BEST Response I will give you. Again, You are not correct with your posting.. LOL
Try Harder... :*)
Let me look .. Makes GREAT Sense.. :*) If I was a Public company that went CH11, this would be something I would take care of to re-enter the public world.
People taking year end losses, thinking it will not jump back to .14 ,,.. Just don;'t seem right in my book. :*)
Some shorts have already covered... :*)
Nope... You show me where your statement is true.
As I understand it, The Shell is there for the company. As the old CORS, it still has to be cleaned up with the info you are posting with the dockets. once done, it would be a GREAT Vehicle to use to go public. Do I think they will,,,???,,, YES...
yea,, "at this time".. They have to get things in order first to go public. Remember, "Clean Slate"
See,, don't even have your info right. LOL
Expecting GREAT News right at the end of the day!!! Better than thought!
Good Morning monda2frida!!! Have a GREAT day. Finish the year with a bang! :*)
Good Morning Ask$lapper... Ya having a Good one so far?, I am.. LOL
Good Morning $T!!! and Lion's Den!!!
JMHO and FWIW, Those working behind the scenes have probably been communicating. Those that don't seem to want to be involved, are expecting Public communication. Why is that? I can understand Financial situations, but to say out right, you guys do what you want, and I'll sit back and collect the reward,, Just doesn't go well, with Me or anyone else, I'm sure. You want communication, Step up and do something. Don't just wait for those that are working to provide those with nothing ventured any news or say, this will never trade or want to be on the other side of the fence or law. I for one which is a fact, Won't share, Public or Private, all MY Info is for me, and to those that are working to resolve this.
with this said, this is NOT Off Topic but a reply and commentary of expressions viewed on this message board.