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News Focus
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janice shell

10/30/12 10:05 PM

#33729 RE: Renee #33727

...but the SEC is missing more scams than they're stopping.

Yes, they are.
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e-ore

10/30/12 10:32 PM

#33730 RE: Renee #33727

Hi Renee. I hope you're well. Another reason, imo, that TDA isn't allowing buy orders on chilled stocks is that they (and the other online brokers) are in total holding more shares for customers than there could possibly be outstanding. What if they discover they hold 100 million shares of a stock for their customers when the company claims 400 million are outstanding? Obviously their competitors should be holding similar amounts and that adds up to a lot more equity value than exists in reality. Market makers are also at fault for selling shares short (to maintain an "orderly market") . Orderly for the mms, not us :)