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Re: webpence post# 109953

Thursday, 10/20/2011 10:05:52 AM

Thursday, October 20, 2011 10:05:52 AM

Post# of 165854
must get trading advice from a fortune cookie.
"you will make very poor investment decision today"
Very funny, Webpence. lol Helps lessen the pain of the patient longs.

Not so funny, though, if someone was forced to sell due to a margin call in yesterday's choppy market. Yesterday's FINRA daily FTD log only showed about 11% Failure to Delivers out of 1,408,194 shares traded, so they were real shares in someone's account. The day before with 343,479 the FINRA report showed 2/3rds were FTDs, so some MM was allowed to cover the prior day's short with someone's margin call misfortune, IMO. I only use CASH accounts, which is especially important for anyone with penny stocks, as supposedly, MMs can legally "borrow" shares, creating "airshares" when needed when pennystocks are part of an inventory in margin accounts. Margin accounts allow MMs to "fudge" their trading practices on a day to day basis, IMO

Those that have been here the past 3-4 years know we have a CEO and management team that is doing everything possible to turn valuable in the ground mineral assets into hard cash for all shareholders invested in the company, IMO. Patience will be rewarded.
Easy