AI
Monday, November 26, 2007 4:18:20 AM
WOW! Nicely done! Since my last HMGP post, I see the board has stayed on the REAL topic and problems at hand: NSS and brokerage houses FTD (of) certificates.
While I find there are no less than 1-2 dozen posts I'd like to comment on (since I've been gone), to save everyone from having to read the next 24 posts made solely by me, I'd like to emphasize more than anything that as great as it is that shareholders are realizing the value in obtaining their certs, their requests may largely go unfilled, which is why I refer to 'demanding' their certs.
Since I've noticed sometimes it is not easy for some people to 'demand', there are other ways around being 'squeamish' (LOL).
I strongly urge everyone 'requesting' their certs to contact the HMGP Transfer Agent to inquire whether they have been added as a Shareholder of Record, which you become, when your broker has fulfilled your request. ALL certificate requests should be followed up by this TA phone call/request 5-7 days after said request. If you have NOT been added as a Shareholder of Record (on the TA's list), chances are, your broker did not take you seriously enough, or is 'buying time', at which I STRONGLY urge a follow-up call to that broker to now DEMAND!
Regarding counterfeit certs, the likelihood of receiving such is probably 1 in 10 million. To the best of my knowledge, the only time stock certificates were ever counterfeited was when a scam was pre-conceived. Though NSS is similar to counterfeiting, MMs have a legal right to 'naked short sell' aireshares (providing they close that sale/position within 3 days). For them to actually counterfeit (print) bogus share certificates would truly and certainly be a first.
The TA himself (Aaron, Erin) I have heard is, is highly regarded amongst his peers and the other companies he represents (some are Fortune 500, I believe), and any 'improprieties' on his part, would certainly be surprising, especially counterfeiting. That he has said (as per pink floyd) the cert drive would probably be a very good route to take for recourse in NSS, is sound advice, and IMO, further confirms that we are NOT wasting our time (and money). The TA himself, knows all about the negative effects of NSS, and can probably enlighten a few of you, upon your request at the same time you inquire about being a Shareholder of Record.
Many people here may not even bother requesting their certs. To me, they are coat-tail riders and 'freeloaders'. Lazy and selfish. They want the profits bourne from the efforts of others. I know that ALL people 'can' be 'better than that'. The cost is nominal in comparison to the good it will do (short squeeze), and the profits to be made from that 'good'. This is why I suggest a certificate in the amount of approx. 80% of any/all overall positions. The remaining 20% ( + or -) can be used as the 'swingshares' to recover seed money and profit, leaving a valuable free riding position that in 1 year (or less) can be sold and qualify for the capital gains tax, in the event you may even wish to sell that early.
Though I am not absolutely certain, Keith may find our cert drive (if we ALL take it seriously enough) to be effectively used in a timely manner to co-ordinate in other HMGP matters, so as to maximize the impending inevitable naked short squeeze. What I AM certain about is that Keith knows the opportunity it provides for him to further 'shed blood on Wall St., which I know he intends to do, 'when the pawn is positioned to take the Queen'.
Lastly, while everyone knows my take on flippers and momo-players, they have their place too. They will be competing with you and I AND the MMs for shares of both kinds (real and air), though only the MMs and B/Ds care if they are cert-backed). This will make MMs and B/Ds task of locating sellers of certs even harder, and the short squeeze even better!
To the momo-players and flippers: While short term, considerable gains is always what you seek, remember that the tortoise always won the race ('least that's how it sounded when me grandad told the tale). I STRONGLY suggest looking at the HMGP 1 year chart and learn from it, who made the greatest bank. Those who sold for .05 -.10 profits, or those who held for 2000%+ gains? The same IS going to happen again...maybe even greater.
Which profit will YOU be taking? Lunch money? Or the zip-code changer?
_________________________________________________________________
FWIW, flippers and momo-players, in addition to changing my zip, my last Hemi profits bought me this (along with my free-riding shares):
My NEXT HMGP profits will be buying me THIS, though:
While I find there are no less than 1-2 dozen posts I'd like to comment on (since I've been gone), to save everyone from having to read the next 24 posts made solely by me, I'd like to emphasize more than anything that as great as it is that shareholders are realizing the value in obtaining their certs, their requests may largely go unfilled, which is why I refer to 'demanding' their certs.
Since I've noticed sometimes it is not easy for some people to 'demand', there are other ways around being 'squeamish' (LOL).
I strongly urge everyone 'requesting' their certs to contact the HMGP Transfer Agent to inquire whether they have been added as a Shareholder of Record, which you become, when your broker has fulfilled your request. ALL certificate requests should be followed up by this TA phone call/request 5-7 days after said request. If you have NOT been added as a Shareholder of Record (on the TA's list), chances are, your broker did not take you seriously enough, or is 'buying time', at which I STRONGLY urge a follow-up call to that broker to now DEMAND!
Regarding counterfeit certs, the likelihood of receiving such is probably 1 in 10 million. To the best of my knowledge, the only time stock certificates were ever counterfeited was when a scam was pre-conceived. Though NSS is similar to counterfeiting, MMs have a legal right to 'naked short sell' aireshares (providing they close that sale/position within 3 days). For them to actually counterfeit (print) bogus share certificates would truly and certainly be a first.
The TA himself (Aaron, Erin) I have heard is, is highly regarded amongst his peers and the other companies he represents (some are Fortune 500, I believe), and any 'improprieties' on his part, would certainly be surprising, especially counterfeiting. That he has said (as per pink floyd) the cert drive would probably be a very good route to take for recourse in NSS, is sound advice, and IMO, further confirms that we are NOT wasting our time (and money). The TA himself, knows all about the negative effects of NSS, and can probably enlighten a few of you, upon your request at the same time you inquire about being a Shareholder of Record.
Many people here may not even bother requesting their certs. To me, they are coat-tail riders and 'freeloaders'. Lazy and selfish. They want the profits bourne from the efforts of others. I know that ALL people 'can' be 'better than that'. The cost is nominal in comparison to the good it will do (short squeeze), and the profits to be made from that 'good'. This is why I suggest a certificate in the amount of approx. 80% of any/all overall positions. The remaining 20% ( + or -) can be used as the 'swingshares' to recover seed money and profit, leaving a valuable free riding position that in 1 year (or less) can be sold and qualify for the capital gains tax, in the event you may even wish to sell that early.
Though I am not absolutely certain, Keith may find our cert drive (if we ALL take it seriously enough) to be effectively used in a timely manner to co-ordinate in other HMGP matters, so as to maximize the impending inevitable naked short squeeze. What I AM certain about is that Keith knows the opportunity it provides for him to further 'shed blood on Wall St., which I know he intends to do, 'when the pawn is positioned to take the Queen'.
Lastly, while everyone knows my take on flippers and momo-players, they have their place too. They will be competing with you and I AND the MMs for shares of both kinds (real and air), though only the MMs and B/Ds care if they are cert-backed). This will make MMs and B/Ds task of locating sellers of certs even harder, and the short squeeze even better!
To the momo-players and flippers: While short term, considerable gains is always what you seek, remember that the tortoise always won the race ('least that's how it sounded when me grandad told the tale). I STRONGLY suggest looking at the HMGP 1 year chart and learn from it, who made the greatest bank. Those who sold for .05 -.10 profits, or those who held for 2000%+ gains? The same IS going to happen again...maybe even greater.
Which profit will YOU be taking? Lunch money? Or the zip-code changer?
_________________________________________________________________
FWIW, flippers and momo-players, in addition to changing my zip, my last Hemi profits bought me this (along with my free-riding shares):
My NEXT HMGP profits will be buying me THIS, though:
L~
"took me 3 long years 
to make a million bucks over night"
For first alerts, join my IHub email list: http://investorshub.advfn.com/boards/chairmail_sub.asp?board_id=5935
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
