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frogdreaming

08/18/11 10:40 PM

#100508 RE: Jimthorpe #100507

Stop with the misrepresentation. The Global Lock (or what you call the 'chill') was NOT LIFTED. No one ever said it would be.

,,wow this week chill was lifted but i still dont see people selling.



The DTC agreed to help those who had tried to transact shares (unknowingly) AFTER the lock went into place and were therefore unable to settle the trades. There was NO shorts there was just uncompleted bookkeeping due to the lock.

The DTC was quite explicit there would not be any new transactions in the global locked companies, there would just be a week long period in which PREVIOUSLY completed sales could be closed out.

No one could sell this week because the global lock is still in place and only those brokerages that were closing their trades manually were active. If you couldn't sell your shares through the globsal lock last week, you still couldn't sell them this week.

The dtcc has locked RCCH apparently with very good reason, those reasons have not changed.
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op9171787

08/19/11 7:01 PM

#100573 RE: Jimthorpe #100507

what about Merrill? expound, jim.
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op9171787

08/19/11 7:04 PM

#100574 RE: Jimthorpe #100507

people were expecting price movement - of course there was hardly any selling this week. they were hoping for price movement.

but newton had to help and he didn't.

newton MUST put out some facts/data about
S/S, Baida, revenues, etc.

enough is enough is enough.

please dont be cavalier,
let's work together.