To All Longs:
We’re trying this in a effort to stop MM’s from playing with our stock price. Please consider doing this with us:
“Q.: What can you do to prevent your shares holdings from being shorted?
A: Now what can the average personal investor do to stop their own shares being shorted, as believe me your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.
There are two things you can do, the first is to certificate them but this is not obviously to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are 'on order' they cannot be lent out by your broker and in turn you are reducing the amount of 'free shares' out there that can be used for shorting purposes. And don't forget to move your limit order up when the price starts to recover, then, that way your shares can't be shorted - not much but helps :D.
Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.
In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own.”
We figure it’s worth a shot. Please post if you’re going to join us. I put up 586k shares for sale at 3.00 a share GTC til 2/28/18. If it get filled before then... 1.7mil would be my payout. It’s fun to look at it and it is sending a message to the market that I believe my shares of $POTN are worth at least that much!
Please join us if you are LONG AND STRONG!
GLTA - WIC
AI
