Yes, Ameritrade bought those shares to cover the shares they sold to...............wait for it..............RETAIL!!!!
John Martin worked with Phxgold who showed that the share raises never hit retail, in fact they were used to cover Ameritrade and others. That is the chirp f4d got when Bill Frizzell was the owners group lawyer. Bill got the JEFF letter in May 2005, it outlined that Ameritrade was the buyer on the JEFF transactions. They bought 180 billion certs from the share raises, but pretended those shares were sold to us.
Damn Right I've Got the Blues.