Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Deeber who wrote (5286)	8/20/2001 11:12:33 PM
From: bbgold	Read Replies (1) of 6873

Hi Deeber, I have been reading about your predicament. Let me know how it turns out. I would think that if the broker had a leg to stand on then they would have correctly shown your shares as being short within 3 days after the transaction. If they did not show the shares as short then that would justify your position that you believed the shares were yours. Did you have more than 50k shares after the split or was that your entire position? I have a friend who prints out a statement of his account at the end of Every trading day just in case their are Any discrepencies the next day. How many people pay that much attention to Every trade Every day? Perhaps it is something that you might consider to do in the future. I agree that the broker is at fault unless you knew with Certainty that the shares were not yours. It will definitely be a legal battle and I think that you might be able to use the fact that the information in your account was misleading to you well after the 3 day settlement date. At best you should be able to recoup any loss incurred after that date when your account was incorrect. Best of Luck to you! Sincerely, bbgold :^)

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