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Pastimes : The OTCBB Garbage Dump

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To: Tom Allinder who wrote (2699)10/10/1999 10:12:00 PM
From: carromill   of 2942
 
IT is a FACT! but only for ON-Line Brokers... Its called Liquid shares (committed). Any other shares are non-committed. The non-committed shares are not borrowed from your Brokerage ! Ownership is "assumed" by the Market Makers processing the Orders from any licensed broker whether off-shore,in canada or any other location that has no laws for "shorting"n "borrowing" un-committed shares to buy and sell as their own..Particularily in the same market day span.(as long as those brokers are in good standing...A lot of Criminals are) However, believe it or not, all committed shares "tallies" are reflected on the data screen of the primary MM....and the only safe-guard in-place for such goings-on is A RED-FLAG type activity developes should "committed" share count including the ones in all MMs inventory, at that moment exceed the (public share count designated by the T/A) limit on record! Help reduce the un-committed availabilty by "committing your holdings at all times GTC ...
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