RE: Glad To See You Here, by skipdeez
Skip writes,
"I saw 3 different folks on AS note the restriction. I can only
assume that there were many others that do not post on message
boards that met the same problem. It really does explain the
sudden drop in volume, and the subsequent walk down in price
through mostly small trades for the rest of the day."
Yes, I agree. Looking at volume charts you can clearly see
volume is suddenly clobbered, a good fifty percent or more
drop in a very short period of time which cannot be explained
away by trader perception nor other typical trading events.
It is quite clear volume was very suddenly turned off which
is precisely in keeping with major brokers imposing their
trading restrictions supporting participant reports.
This "mechanical" turning off of volume is directly related
to the sudden drop in share price right in the middle of
a well developing upward run.
Boon or bust! We enjoyed our boon but broker paranoia is
our bust. This is an event out of the blue none would ever
consider or even guess.
Most close similar event I experienced is the Gluv / GVRP
comedy last year. Brokers imposed a trading restriction
on that one, but for different reasons. Same effect, though.
Skip, possibly you have read my articles at the SEC website
on Naked Shorting. This is very much related to Naked Shorting
but not the way some might assume. Naked Shorting has become
such a serious problem, today "safety devices" are a part
of programming for electronic trading. Yesterday's sudden
increase in volume, an increase significantly more than
average daily volume, triggered safety devices which
generate alerts for brokers. Trading software "sees"
this as a high probability of Naked Shorting although there
is no Naked Shorting taking place. Brokers will restrict
trading to protect against being financially responsible
for failed deliveries which are associated with Naked Shorts.
Readers are cautioned I am NOT writing Naked Shorting took
place or is taking place, not at all. I am writing safety
devices were triggered based on an extreme spike in volume
which "suggests" Naked Shorting. Yesterday's volume is
directly related to stunning financial performance by TCLL
and nothing else.
This event, which disappoints us, is a direct result of
unlawful Naked Shorting and resulting installed safety
devices to protect both traders and brokers.
We can contribute this directly to financial criminals
as a "spin-off" effect of Naked Shorting, hence my series
of articles about Naked Shorting at the SEC website which
discuss wide spread negative effects of Naked Shorting,
even when a stock is not being Naked Shorted.
Skip also comments,
"VG told me what happened at AS...."
Yes, second event in as many weeks. This is another event
related to financial crime. My fierce honesty and refusal
to become involved in trading scams led to both of those
events, elsewhere. This is quite common to all discussion
boards; others will attempt to coerce participants into
playing along with scams for profits. If refusal is met,
participant articles are censored, deleted or an honest
participant is removed from a board. This happens at all
boards, no exceptions; I-Hub is not exempt, not at all.
I felt an obligation to you and others to follow through
and finish up our discussions of TCLL stock. I knew one
of you would find me over here. Please feel free to export
my articles here to elsewhere, if you like.
My opinion is to continue holding your shares. Fundamentals
for TCLL tell us share prices must rise. TCLL is very much
undervalued and share prices simply cannot remain this
low for much longer.
Boon or bust, Skip, we have our boon but externalities
took all of us by surprise, the bust. Live and learn, yes?
Actually, rather comical we received both boon and bust!
Purl Gurl
News 
Market Data 
Discover 
