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Replies to #14335 on One Step Ahead

wannabjaimelee

09/24/04 10:00 PM

#14337 RE: Tavycal #14335

tavy....I think I have a clue now...

this is an interesting link
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=86230
By: diamonddays0
24 Sep 2004, 04:50 PM EDT
Msg. 86230 of 86451
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My "Sting and Squeeze" Theory:

We are not supposed to have dividends. Roger did not distribute to the MMs and DTC. The ones distributed as dividends into accounts are FRAUD as they were not given out by T/A. This is a sting. Now there is traceable evidence of illegal activity-- attempted naked shorting.

Now, on the delayed date, Glenn can distribute 7.5 Million to the DTC via the T/A and say "Here, distribute these to the rightful owners." Only Glenn knows the correct O/S (thanks to audit). DTC has no idea how many naked shorted shares to get rid of and who gets the UCAD. DTC says "Uh-Oh!-- hey Roger can you give us a hint?" Roger: "Nope!" Now the DTC doesn't even know the RATIO! They don't know how many to divide the 7.5 Million by. But it is their job to know... and in fact guarantee delivery of shares. Roger now announces that UCAD dividend is in the hands of the DTC. DTC stands there with hands in the cookie jar and obviously is complicit in MM shorting by giving out as many as MMs ask to make up. Not only is there a massive SQUEEZE--They don't even know the SIZE of the SQUEEZE.

Read about the roll of DTC, Brokers and MMs in electronic trading. (Pay close attention to who is ultimately responsible for paying you-- the guarantee--- the DTC-- 3rd paragraph from the bottom.) DTC is a conglomerate of banks who will be knocked on their heals on this scandle.

http://www.investopedia.com/articles/03/012403.asp

Credits and Disclaimers: The sting part of this theory I must attribute to Paltalk theorists. The DTC portion is my own THEORY. This is only my opinion and I have no idea how much, if any, of this is fact. Do not rely on this in trading any stock.


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