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Re: fung_derf post# 352528

Thursday, 12/06/2018 5:28:48 PM

Thursday, December 06, 2018 5:28:48 PM

Post# of 358439
Oh yeah. Can't forget GM when it had a Q. I was trading it a lot. Then during slower time decided to grab food. Came back to it halted and couldn't believe my fortunate as was totally flat with 0 shares. Day before it unhalted 80,000 shares got deposited into my account and stock opened 70%+ down costing like 75k or whatever it was.

Also AMRQQ. Was in pretty big right near lows .22 or something. Outed for huge gain on most .3-.4. Then couple days later when its over $1 they came to tell me I was short since they decided to cancel my buys haha

Oh but regulators did step in eventually.... After my old broker ran off with all my money and left me with nothing SEC decided to put out rules to restrict otc/pink sheet trading with 10% daily volume and think was it 10% 20 day avg volume or whatever. One of my side accounts had a couple positions with about 5k of a .01 stock. POS one day totally took off and went to .28 over couple days. So from being broke went to having well over 100k. Thanks to new SEC rules to protect me I could only sell like $500 day 1 then like 1k next day. I might have cashed out 3-4k when could have got 50-100k as stock collapsed back down few days later and volume died. So yeah thanks regulators!

Yet every time I got robbed they wouldn't even bother look into it. Even the broker that robbed me they wouldn't have gone after him had I not aggressively kept pushing them. FBI agent told me wait so you telling me you only lost $150,000? Thanks not very much for us to use our resources lol Eventually they picked up the case as I got contact with other traders who lost money after posting my story on ripoff.com

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