DHSM - Oh really? First we find out that our brokers do not need to have inventory on hand to back our electronic equity entitlements in our brokerage accounts.
No one is imagining anything. All of the documentation is very compelling!
Not in the way you imagine. And it is all imagination. The refusal to believe that these companies are SCAMS. For which management is responsible.
I guess when shareholders uncover that which isn't part of huge script, it become tin foil hat type stuff.
You need to substitute "invent" for "uncover". Total tinfoilhattery.
Anyway, investigation into the inventory problems at Etrade in 2010 and 2011 should be pretty simple.
Yes indeed, since there weren't any. That's another invention. You have no way of determining what "inventory" Etrade held. Typically, brokerages and MMs don't hold any inventory in loser penny stocks. - janice shell
DHSM - So my broker ETrade, doesn't have to carry any inventory to back my equity entitlement position? Good to know! And yes, the inventory issues have been documented.
Thanks again! - 71011
Of course they don't. What on earth would make you think that? - janice shell
Now we find out that the DTCC doesn't need to know who has sold against the certs they hold in the street's name, or keep a record of it for that matter! Or is it just that the DTCC will not have a record of the naked short interest flooding the system?
Those short are no doubt on electronic record with the DTCC.
Why on earth would they be? DTC holds CERTIFICATES.
Thanks again for the DD!
Rub-A-Dub-Dub…Three perps in a tub…The broker, the banker, and the counterfeit equity maker!!!
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.