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Re: Saint007 post# 23836

Saturday, 08/12/2006 7:51:53 PM

Saturday, August 12, 2006 7:51:53 PM

Post# of 56764
From the time that you sold the restricted stock through the third week of July, the closing price of PAIM did not reach a closing price of .005 until July 24. TD being a stock broker and handling your stocks seems they elected to buy-back the stock at a highly elevated price considering you could have bought the stock for .0006 (closing price) all the way through July 19. I would consider this a gross negligence on TD's part of protecting your account and your assets. Had they immediately rebought the stock the low was .0001 through July 12. I don't think that I am wrong that these large brokerages purchase blocks of shares at a discount. It seems you might have a class action suit for:

1. Selling your restricted stock.
2. Rebuying the stock at almost a 5,000% increase when it obviously wasn't necessary. Check the price of PAIM from the time your stock was sold until it was repurchased.
3. Seems like intentional Gross Profits taking advantage of their client when all indicators say none of this should have happened in the first place.
4. Liquidating your assets without opportunity for contesting the situation.

You aren't the only one who has posted as such here. I would contact a lawyer who would be more versed than anyone here.

MO
BD


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