InvestorsHub Logo
Followers 26
Posts 3083
Boards Moderated 2
Alias Born 04/07/2004

Re: None

Tuesday, 07/20/2004 3:52:33 PM

Tuesday, July 20, 2004 3:52:33 PM

Post# of 358440
was thinking about the short situation again and...

what could we do, as shareholders to put more pressure on the short MMs(if any) and the DTC

for one, I think anyone that is long(long term) here should contact their broker about pulling certs. Even if you don't intend on doing it, the broker/dealers will begin to see a demand for the certs and this will trickle down to the MMs and the DTC...if all the shareholders out there started pulling certs we could literally 'squeeze' the DTC.

Here is the response from freetrade I got:

"They are held at the DTC in street name, however, the number of shares that you have purchased are credited to your account. You will not lose the shares is a market maker illegally shorted the stock (which has not been confirmed) and will be able to trade them at any time."

I like the little addendum in parenthesis...it hasn't been "confirmed", but I get the feeling even they think its going on...

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.