InvestorsHub Logo
icon url

makecents

07/29/09 6:31 AM

#15209 RE: Seventeenseconds #15207

Why would you make such a statement without an explanation?
icon url

noquit

07/29/09 7:41 AM

#15210 RE: Seventeenseconds #15207

Unless the SEC requests the FBI and/or Interpol to track down the principals of Anviron for announcing that phony dividend.

I have a working theory of what happened and have discussed it with some people in the business who at first were in total disagreement with me, then relented it was possible.

In the US, shorting of penny stocks, let alone sub-penny stocks, is not encouraged, but in some foreign countries it is not regulated.

They kept telling me it cannot be done in the US as the costs associated with doing this are abhorrent.

But elsewhere, yes.
icon url

noquit

07/29/09 7:47 AM

#15211 RE: Seventeenseconds #15207

They are trading on pure speculation that the dividend that by the end of September will be up to the 4th quarter dividend will one day be paid.

If they had bought the stock prior to the first ex-dividend date, then later on before the next and the next and the next, how can they lose while the stock is still so cheap ?

Ain't gonna happen.

They never sent DTC a check to be disbursed to the different beneficial stockholders of ANVH.

The dividend was never rescinded at all. Brokerages pay the money automatically on the day it must be done and get reimbursed by DTC when they get it.

This never happened, and the brokerages themselves took it back.