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Alias Born 01/27/2009

Re: ck1 post# 49212

Thursday, 12/31/2009 9:25:03 AM

Thursday, December 31, 2009 9:25:03 AM

Post# of 135285
So you might ask, "How do you fail to deliver on positions" if you are a brokerage? Good question. The ONLY way that can happen is if that brokerage is betting against their own clients by agreeing to sell them phantom shares knowing that IF the stock tanks, they will be able to cover their short position at a lower price and "keep the change".

So The ONLY reason they would chicken out on this and disallow clients to buy that stock would be if they felt the stock is likely to go UP. Right?

I have a really good feeling about this for me and a really bad feeling about this for some brokerages that make dumb decisions!