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cinnamonpee

04/01/19 1:11 PM

#65517 RE: sointrigued #65514

You'll have much better luck parting with those shares if you get rid of that all or none sell order. Otherwise, you might still be holding them if this thing gets deregistered.

BrokeAgent

04/01/19 2:10 PM

#65521 RE: sointrigued #65514

As much as I'm a believer of Chanbond and Carter, you're talking about a $7,000 investment in a gray market stock. I think most longs on this board are holding and not adding much, with a few exceptions of small amounts to top up their positions. New traders might not be willing to invest that amount in a gray stock. You may have to break up your order or just remove the AON.

jesuslovzu

04/01/19 10:24 PM

#65536 RE: sointrigued #65514

If you want to transfer them to Schwab I'll take them. Let me know. ( I am only allowed to trade at schwab since I work in the industry, otherwise I'd just transfer the $ to where you are)

jesuslovzu

04/02/19 8:45 AM

#65547 RE: sointrigued #65514

Actually, even though there is a grey market, maybe there is a way to ask your broker to pick up a bid that's elsewhere. I'm moving cash into my wife's IRA tomorrow when my sale settles, so perhaps I could just put an AON bid out there for those 635k, and you could call your broker and ask them to fill it with your shares?

I'm sure there's a way to get it done, that's essentially what happens with bond trades. I've seen brokerages go the extra step for good clients before...

jesuslovzu

04/03/19 12:44 AM

#65570 RE: sointrigued #65514

Given what others have said, I guess being elsewhere isn't an issue.

I'm at Schwab and I plan to put the bid out there for 635,000 AON at .011 sometime tomorrow (May not be til the afternoon) but hopefully by 1pm CST. I'll try to post something here when I do.

Are you still selling this lot? If not I'll remove the AON and just take what I can get!





Geegee678

04/03/19 6:42 AM

#65573 RE: sointrigued #65514

why are you selling?

jesuslovzu

04/03/19 5:52 PM

#65599 RE: sointrigued #65514

I had my order out there at Schwab today but you didn't pick it up?

I'll plan to leave it out there tomorrow too, but I need to start making some buys and I don't want all the cash out there, so after tomorrow I'm going after some smaller lots I guess.

This was day only so I had to do a new one. It's Order #: 42430022 at Schwab. Everyone seems to think if you call into your brokerage they can make that happen. I guess we'll see.

Have a good evening!




jesuslovzu

04/03/19 6:50 PM

#65603 RE: sointrigued #65514

good evening! Got your PM but I can't reply private so I'll do it here.

I do have an order out there for 635,000 AON, so that shouldn't be an issue. The order is at Schwab and I put the number in the prior post. The only issue is, you will need to call etrade and ask them to sell to me, because that won't happen automatically since I'm at a different brokerage.

I'd transfer to etrade and buy there, but I'm in the industry and only allowed to trade at Schwab. I'll plan to leave the order out there all day tomorrow. If you're able to make it work ( as others say you should be able to by calling) great!

If not, no worries.
God Bless!

jesuslovzu

04/08/19 1:14 PM

#65892 RE: sointrigued #65514

I still have my orders up at Schwab and will take all of them for $0.011 if there is a way to get them there. If you call E-Trade they could probably get those shares traded for you.

Even aside from my interest, I think you'd be safe removing the 'AON' tag and just putting the shares out there for sale. I think they'd all get picked up.

I believe the AON restriction may be keeping them from moving to anyone outside of e-trade, but I think that other brokers may be able to pick up non special-order items. Check with e*trade and if taking off the AON tag allows those to move elsewhere, then my orders at Schwab will pick them all up.

Have a good one!