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Re: StockRocket post# 17764

Sunday, 11/06/2011 9:29:15 AM

Sunday, November 06, 2011 9:29:15 AM

Post# of 221942
GEAR chose the TA. But that aside, I don't follow the logic of it being company policy to not give out share information.
Scenario #1:
You call and are told that there are X shares authorized,Y shares outstanding, and Z shares in the float.
Scenario #2:
You call and are told that share information is not given. Odds are you'll ask why and be told that it is the TA's policy or at the request of the company. If you push, they'll probably tell you that they only give that informaton if GEAR authorizes it. That puts the idea of the company not being able to ungag the TA in question, but we'll leave that alone.
Scenario #3:
You call GEAR and have them call the TA. GEAR calls the TA. The TA puts your name on a list of those authorized to be given share information. You call the TA and they have to check to see if you are on GEAR's list. If you are they then tell you that they have X shares authorized, Y shares outstanding, and Z shares in the float. Bear in mind, this is probably after you have already called and had the conversation in scenarion #2.
How can this possibly save time and resources?

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