Hey do you do this?
Just spoke to DTC - I'm calling you to action
forums.christiantraders.com
Good Morning,
Just finished a rather heated conversation with the DTC. Everything you have heard is true, and I told her so. She even went so far as to deny any knowledge of a scandal.
Here's what brought this on. I hold 1m of my shares of AMGJ at a local brokerage house. I requested a cert last week. I was told yesterday that the DTC had put a "chill" on the issue and they could not deliver the cert. The DTC rep Dianne Brennan 212-855-3320 said that she could only discuss the issue with their client - the broker.
People, enough is enough. If we don't stand up and shout from the rooftops, they are going to destroy the American financial markets.
If you own AMGJ - order your certificate. This is not to scare you, this is to create a genuine, real-deal, short squeeze. Don't just request it, demand it!
The CEO of AMGJ supports any measure that will stop short selling of the stock. I will be on the radio cfrn.net within the hour to discuss this matter. If you have any comments, please reply here.
By next week I will have a device that allows you to call in and be live on the show.
Order your cert, then post your reply.
Blessings
CT
CT
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posted on 4/20/2005 at 16:29
Just spoke to the transfer agent. The DTC has 103m shares of AMGJ in inventory. The transfer agent said he is happy to issue the cert if the request comes through the proper channels.
It appears the guilty party is the clearing firm at this point.
I will keep you posted.
CT
Super Administrator
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Posts: 721
Registered: 10/12/2004
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posted on 4/20/2005 at 16:55
Brokerage firm just issued an "oops" hope we didn't drop the ball.
Yeah, me too.
BTW - If you choose to request your cert, the transfer agent is Holladay in Scottsdale AZ, the gentleman is very nice, his name is Tom, and he said his turn-around time is 1 day, after he receives the request.
Calling in you cert is a call you have to make. You are safe because I have verified that the DTC does have 103m shares in inventory. However, if as we suspect, there is a naked short position here, it will take a squeeze to flush 'em out and bring our PPS back to where it belongs.
Catch you on the radio..........
CT
These posts are from ChristianTraders.com. I had never heard of doing this. What do you think? TIA
GB+ND
c |
