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Re: None

Tuesday, 10/22/2013 4:17:18 AM

Tuesday, October 22, 2013 4:17:18 AM

Post# of 232507
What I learned from lowman yesterday, has to do with the following real experience that happened to me yesterday. I had had an order in to buy 25k shares @ .0055 for several days. So, I got tired of waiting for that price to be filled, so thought: ''Well, I'll just call up my FIDELITY TRADING REP & ask him what the current bid & ask was for KMAG.'' The which I proceeded to do. But to my dismay, when he went to look for it, he could not find one, for there wasn't one! Well, that really dumb-fiounded me, so I really pressed him hard to utilize all of his resources to try and find a bid & an ask for KMAG, BUT HE COULD NOT! And what's more, he had no knowledgeable reason why it had not been trading since 3:16pm on Thursday past, either, except to say, that it looked to him as though the trading had been suspended for some reason or other. But, even in that thought that he had, he admitted that he could find nothing via any of his news wire sources that confirmed to him the same. So, it was as much of a mystery to him as it was to me, why there had been absolutely no trading & volume ANYWHERE since 3:16pm on Thursday past!

So, I had a possible thought crop up out of the blue into my mine; so that, I got on the phone & called this certain person up who has close ties to KMAG, and asked this one if it could possibly have anything to do with the possible forthcoming merger? And this certain person said ''NO, I don't think so.'' But at the same time, this certain person had no certain knowledge as to why the trading had not traded at all since Thursday, nor why the Fidelity rep had the opinion that perhaps the trading had been suspended for some reason or other. The which it had not been, as you will learn as I am able to finish this little soliloquy. So, feeling unfulfilled as to my quest for understanding thus far, and especially after my second contact with that certain person who is keenly aware of KMAG'S on goings, I had the thought to call up lowman, and present the whole fore-going scenario to him, for his best opinion & understanding. In the which regard, he suggested to me the following, the which proved to be true, to wit: ''Jamie, (as he calls me!): ''If any given brokerage house, as in this case, FIDELITY; If they don't have any shares of KMAG in their holdings or on their books, their trading desk will simply show that up as a ''NO BID & NO ASK'' available via their trading desk.'' But THAT does not mean to say that there won't be or aren't some brokerages ''out there'' who will!'' You just have to find out which ones do, and who they might be!'' Apon the saying of which, all of the sudden, I had the bright idea to SUSPECT that maybe SCOTTRADE would, since they are in ka-hoots with KNIGHT CAPITAL via the CEO of KNIGHT CAPITAL who is also on the executive board of SCOTTRADE! COZY, EH? Well, I told lowman that I was going to get on the horn & call up my Phoenix SCOTTRADE office where I also have two trading accounts, and ask them if they had a bid & an ask for KMAG. THE WHICH I DID, IMMEDIATELY AFTER HAVING SPOKE TO LOWMAN. And , lo & behold, to my pleasure & surprize, the gal their at my Phoenix SCOTTRADE office said ''YES!'' ''the bis is .005 & the ask is .008.'' So, I WAS NOW VERY EXCITED, for I realized that for just alittle bit more money up front, that I could get the shares that I wanted without any further delay, if I was willing to pay just a little bit more for them than I had been trying to get them for the last several days!

So, at the same moment, I then had the idea to go back to my FIDELITY account online, and cancel & replace my original order with the new order information, the which was to offer to pay .008 for the same 25k shares of KMAG, instead of the .0055 that I had been formerly trying to get them for. And so, guess what happened?

With regard to the FIDELITY PEOPLE & BID & ASK , AND ALL OF THAT, AS THE PRESUMED SUSPENDING OF TRADING & NO VOLUME, AND ALL OF THAT UNCERTAINTY, etc.: That just as soon as I put .008 in the offer to pay price for my 25k shares of KMAG stock, AND THEN SUBMITTED ON-LINE THE ORDER, THAT WITHIN 2 MINUTES OR LESS, I GOT MY ORDER FILLED!

SO!even though FIDELITY HAD ORIGINALLY NO UNDERSTANDING why there had been no volume, nor why no trading had gone on since last Thursday at 3:16pm, yet somehow or other, when I put in the correct asking price, somehow or other, they had some kind of an ELECTRONIC LINK TO ANY &/OR WHATEVER OTHER BROKERAGE HOUSE THAT DID HAVE SHARES AVAILABLE, AND SO WERE ABLE TO GO AHEAD & SELL ME THE SHARES VIA SCOTTRADE, EVEN THOUGH FIDELITY ORIGINALLY HAD NO SUCH SHARES OF THEIR OWN ON THEIR OWN BOOKS!

SO! If you want shares of KMAG, AND YOU ARE WILLING TO PAY THEIR ASKING PRICE, JUST GO TO SCOTTRADE DIRECTLY, OR VIA YOUR OWN BROKER EVEN, JUST FIND OUT FROM SCOTTRADE WHAT THEIR ASKING PRICE IS, AND THEN PUT THAT PRICE IN VIA YOUR OWN BROKER, AND YOU WILL GET YOUR SHARES, EVEN IF THEY ARE AT A SLIGHTLY HIGHER PRICE!

Now, one last thought: By virtue of all of the above anecdotal information, it CONFIRMS TO ME THAT KNIGHT CAPITAL, IN COLLUSION WITH SCOTTRADE, HAS TO BE ONE OF THE HUGE SHORTING INTERESTS WHO WERE INVOLVED REGARDING THE SHORTING OF KMAG'S SHARES, BEFORE THE SUSPENSION, WHO ARE NOW, STILL TRYING TO UNLOAD AS MANY OF THEIR SHORTED SHARES AS POSSIBLE! This opinion is also nebulously confirmed by the fact that before ''THE LINE IN THE SAND HAD BEEN DRAWN'' BY JEFF REID, that KNIGHT CAPITAL WAS ON THE VERY CUSP OF BECOMING OUR NEW MARKET MAKER, IF YOU ALL WELL REMEMBER! SO, JUST TO SAY, IT ALL ADDS UP, ''IF YOU WELL FOLLOW THE DOTS''!

''OUR KMAGnificent'', as one of our most loyal & wonderful & honest & true & good & beautiful & undissimulating of investors/players has so often referred to ''what we all have here'', the which bonifide opinion is quite the contrary of the opinion of some recently posted trash by someone else! 'selah'

Sorry for the long post, but I hope that it will be worth it to you all! BOTTOM LINE: if you want shares, and are willing to pay the asking price, call up SCOTTRADE & FIND OUT WHAT THEIR CURRENT BID & ASK PRICE IS, AND THEN SIMPLY GO BACK TO YOUR OWN BROKER, IF IT IS OTHER THAN SCOTTRADE, AND PLACE YOUR ORDER WIOTH NO CONDITIONS & A GTC, WITH WHATEVER SCOTTRADE SAYS IS THEIR CURRENT ASKING PRICE,

AND YOU WILL GET YOUR SHARES!!! GUARRANTEED! FOR I DID IT 3 TIMES TODAY, MONDAY THE 27th of OCTOBER! FILLED WITHIN TWO MINUTES OR LESS! FWIWTU! Jaime smile