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Re: pnnymn post# 116

Wednesday, 10/18/2006 7:07:42 PM

Wednesday, October 18, 2006 7:07:42 PM

Post# of 714
Very interesting! The same thing happend with Ameritrade and SSSU. The compliance officer refused to give any justification, and in MY ENTIRE TIME of trading with TDameritrade, I have never run into a restriction, much less a complete and total restriction.

I think the dealers are short shares and are trying to cover their asses.

But interesting point, that when the name change and ticker change occurs, the shorts will be forced to cover.

This is an OTCBB, compliant and reporting company. Everything about them is available to be known. I called the company finance guy, and he said they're besides themselves trying to understand why the restriction. Ameritrade won't even speak with them.

Terra Insights (CPPT) now had their corporate attorney send a demands for an explaination.

This could get VERY interesting if there is a short covering, esp. with such a small float.

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