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Microcap & Penny Stocks : Short Squeezes

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To: Michael L. Voorhees who wrote (27)9/8/1997 2:06:00 PM
From: Riley G   of 182
 
Subject: CALL YOUR BROKERS...

Everyone needs to call your brokers and DEMAND that your certificates are delivered. Seems that many brokers are sitting on them in there offices and trying to protect their market markers. Some of your brokerage houses are behind the MM's.

YOU MUST DEMAND THAT THEY FILE YOUR CERT'S request, or report them to the SEC.

I was told that the TA is getting requests, but not in the numbers reported to me. This means that the brokers are sitting on them in their offices...

CALL right now, and get those trading supervisor on the phone!

The Thin Blue Line,
Riley G
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Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.
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