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Friday, March 18, 2011 1:46:59 PM
I will wait and see what really happens. It is a puzzle to me how certain Brokers have allowed the stock to trade all week, some allowed buying but not selling telling us we would be shorting the stock and having to cover later, some brokers telling us that they are waiting on the new Certs to be delivered by the Transfer Agent. I called the Transfer Agent and they said they are not required to send new certs, they did not file the name change that way or the cusip number that way, others allowing buys but not sells.
Seems to me that the Brokers are all over the map about what to do. And I do believe that they are short on the stock. I also believe that the shorting is coming from offshore traders. And I think that if the truth came out there would be a lot of covering that would squeeze the stock.
I was told that we can ask for paper certs to be delivered to us and that if they refuse they can get in trouble for doing that.
I was told to ask for "The Certificates for your shares to be Shipped to you" to get the paper certificates. I wonder if that is true.
For the people who keep dropping the ASK, did it ever occur to you that the reason it takes so long for you to get filled is because everyone wants the stock to go up. Then try putting all of your sells at .22 or higher and watch where the stock goes.
Everyone is waiting on a run and you are holding up the train. Get it? If not then it makes sense as to why you are selling at a very low number.
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