News Focus
News Focus
icon url

noquit

09/24/09 7:29 AM

#15772 RE: cardinalstlouis #15769

I was just like most others back in May, the uniformed about the back office policies of stock trading, but when someone I knew said to me he sold 300,000 shares of ANVH and I asked how he could do that with a global lock, he said he had no problem as his broker was an independent out in California.

That was when I called his broker, whose firm he worked for cleared through Pension Financial.

So started my journey into what happened and just because a firm is the largest in the country doesn't mean they might not have someone in it doing some hanky panky relying on their reputation that everyone else must be wrong or just not in the know how things are done.

If I had sold my shares for .0125 or .015 as that was more recent to what I did end up getting for my shares, I would most likely have just gone on to the next stock I could lose money on.

But that would have been my choice and not something forced on me.