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Bigdogs

05/29/07 11:20 AM

#16368 RE: tiger1 #16367

I was just thinking outside the box here and how to really screw the shorts and the best way I could come up with
is for those with the big brokerage firms like Etrade, Scottrade, and Ameritrade to take there shares out and put them into another brokerage that can deal with 144 shares.

You dont have to sell them but this would transfer a ton of shares out of the brokerages hands and once they had massive requests for shares to be transferred to another brokerage they would have to cover there shares because they could no longer use those accounts to short against thus wont have any to cover with so they will have to buy those on the open market.

I personally am going to put my shares into Bank of America Investments because they definitely are not involved with the PAVC mess and I also have my banking there with them.

Plus if you have a combined value of 25k or more they will let you trade free for up to 30 commissions each month.

THis will save tons of people money if they have the account value to do this.

I just want my shares out of Scottrade asap into another brokerage because I honestly dont trust the big three anymore as they are restricting more and and more shares each day and some wont even let you buy PAVC now.

Just a thought I really think all the big 3 will have some major short covering if all the PAVC are taken out of there brokerages especially Ameritrade because they are the one who leaked all the shares into the market and really need there customers shares to cover with.

Any thought????
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herbalife13

05/29/07 4:13 PM

#16464 RE: tiger1 #16367

Accumulation going on, 820,739 Volume today

So is this POSITIVE or NEGATIVE! Simple answer IMO.