Replies to post #83133 on GNCC Capital Inc (GNCP)

[Eli's Gone]

You keep highlighting "fails to delivers"--yes, they do occur--millions in fact across the market...in fact, you can look up the fails on every stock traded and even watch those open positions close out...

yet, there are none here nor on most of any other trip zero junk...

why do they show up on other issues but not on the heavily diluted junk?...

why is that?---just maybe because there aren't any...

and if they do show up on dilutive junk, it's usually because the converter dumped ahead of his certs...

as to Etrade--they got nailed for allowing unregistered stock to be sold into the market without the proper exemption--sound familiar?---nothing to do with the ubiquitous shorty who is blamed for everything.....

[AlanC]

I think most folks understand that statement. Does more need to be done to eliminate those loopholes which are allowing hidden and disclosed persistent failures to deliver? The answer is yes!
Lets have a zero tolerance. If good delivery is not able to be completed, the trade is cancelled with all funds including commissions returned and the injured party is compensated by his brokerage firm for 10% of the value of the trade. I think that would clean things up rather quickly.
Go GNCP!!!