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Mind on my Money

03/23/10 7:35 PM

#29605 RE: Er0ck #29604

Oustanding post E ...and I think you are exactly right with your summary of what has and what will drive of PPS up. No doubt it's coming, and I think soon too.
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Bucc58

03/23/10 7:42 PM

#29606 RE: Er0ck #29604

right on E! I said some of that in a short, short version earlier. Maybe people won't think I'm 'AS' crazy now. :)
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solidgold

03/23/10 7:42 PM

#29607 RE: Er0ck #29604

Er0ck, as always straight to the point. WE NEED REAL NEWS !!!
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frankb325

03/23/10 8:06 PM

#29611 RE: Er0ck #29604

great post erock. i saw investor911 post this stock on sheffs site and after doing a little reading jumped in at 51/2 cents. sent it out to a bunch of investors i email with and got this back from one today "So far 18 friends bought KATX"
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evcantrade

03/23/10 8:09 PM

#29612 RE: Er0ck #29604

Erock Thanks ! you are both the message and messenger !
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bob smith

03/23/10 8:28 PM

#29613 RE: Er0ck #29604

cheers.

revenue
revenue
revenue
revenue

its going to take time, we have entered a dead money phase.

welcome to the world of a solid investment.


gl
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palacian

03/23/10 8:28 PM

#29614 RE: Er0ck #29604

erock et al, margin accts are the means to the end.

http://en.wikipedia.org/wiki/Short_(finance)

Brokerage firms can also borrow stocks from the accounts of their own customers. Typical margin account agreements give brokerage firms the right to borrow customer shares without notifying the customer. In general, brokerage accounts are only allowed to lend shares from accounts for which customers have "debit balances", meaning they have borrowed from the account. SEC Rule 15c3-3 imposes such severe restrictions on the lending of shares from cash accounts or excess margin (fully paid for) shares from margin accounts that most brokerage firms do not bother except in rare circumstances. (These restrictions include the broker must have the express permission of the customer and provide collateral or a letter of credit.)

so it would be norm for margin accts and difficult even with
notification for cash accts.
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investor911

03/24/10 11:03 AM

#29682 RE: Er0ck #29604

Excellent Post as always and right on Money$.
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naturallyk2

03/24/10 1:02 PM

#29700 RE: Er0ck #29604

On the same note with share borrowing, you have nothing to worry about if you have a cash account. The only way your brokerage can allow YOUR shares to be borrowed is if you have a MARGIN account. If you DO have a MARGIN account you can do exactly what Er0ck stated and call your brokerage to have shares of a specific stock excluded from being borrowed. You can also have your whole portfolio blocked from being borrowed against. Always call your broker and ask them