ty....this posted too...tom favata Member Profile tom favata Share Monday, December 06, 2010 6:28:55 PM
Re: None Post # of 10462
THIS IS WHAT HAPPENED TODAY. The reason why I havent posted on this board is because I have signed a NDA with the company and cannot divulge any info on the inner workings of GBOE. That being said I can tell you what happened today because it has nothing to do with the company. Today scottrade converted the GBOE shares into GBOED and in doing so the did the opposite and multiplied 5500 instead of dividing by 5500. Thats why our accounts show hundreds of millions of dollars and billions of shares. Some people early on sold some of these said shares creating a surplus of shares many times more that the whole os which is 2.3 million. Thats when the pps tanked and our accounts showed many more shares than we had. When this was happening many other mms bought these said shares and some flipped these more than once to create this massive volume. For those who do not have scottrade these shares that were purchased today are valid transactions and you do own these shares. Scottrade would have shorted them to you. They will have to cover this massive short position right away to try to rectify this mistake. They are now short many times the entire os. This will set up for one of the largest short squeezes in pink history. Do not sell early because this will move much higher IMO.
My posts are just my opinions.Do your own DD.
