InvestorsHub Logo

Jackroch

04/25/12 1:01 AM

#9540 RE: 10 bagger #9533

I am quite sure you posted this on the wrong board by mistake or meant to send it as a PM.

The spit is hitting the fan all over the OTC and folks don't sell their shares because of a few words posted on a message board. That's a thing of the past like the Pontiac, investing with Bernie Madoff and a day in the Gulf of Mexico without tarballs on the beach.

This is sounding slightly desperate when there is an apparent need to talk about a certain stock outside of the board which is dedicated to it. If one is looking for a larger audience this is the least likely place on I Hub to find anyone listening to the "shorting on the OTC doesn't happen" meme. Most of the regular posters here are the smartest people in the room.

I think it's tomorrow that I will cease to pay for a Premium Membership so this might be last post on this (a Premium) board.

I will continue to read it and most anyone I want to talk to here has my email or I have theirs. If not, they can PM me and I will tell them how to reach me.

I am not worried about TEVE by the way - I know I have a winner. But I will talk about that on the board where we should be talking about that.

AlanC

04/25/12 11:02 AM

#9541 RE: 10 bagger #9533

10bagger: Here is a fairly short read as to how a company had a 1 million share tradable float and a 4 million share outstanding and yet the brokers allowed 1.3 billion shares to be sold to their clients. This is but one of many examples of how this happens fyi. I am a new shareholder at TEVE and don't know the entire history but have no doubt that the facts are similar and shares were sold "just because there were investors willing to buy them" without a thought as to whether what was being sold actually existed. Sadly the regulators have allowed this to go on for years by looking the other way while it happened. Those of us who read this board and post here are doing all we can to bring integrity back to our markets and that means only selling what you actually have in your posession to sell. Hope this link helps you: http://www.let-bcit-trade.com/