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Non-Tech : Home Solutions of America (HSOA), The best is yet to come

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From: FHM	7/20/2006 4:59:05 PM
	of 20808

Just noticed the wacky spike (up AND down) in trading towards EOD. certainly looks like the MMs r doing their best to shake loose some shares we know that Schwab -- and likely other brokerages houses -- r trying to shake loose some shares with their "3% per month" incentive offers (financial terms may, and likely do, vary based on number of shares owned and/or specific brokerage house). I would STRONGLY encourage others here to contact their brokers and BE PERSISTENT in asking questions about this issue. When I first queried my Schwab broker, she advised that she had no knowledge of the offer. I then asked that she double-check, and she did so -- only to come back and tell me that HSOA was not on Schwab's "SLFP list"... I then asked how often that "SLFP list" was issued, and she checked again and advised that it was updated weekly... I then asked her to please dig further to see if a decision had been made since the issuance of the last weekly "SLFP list" to add HSOA shares to it... It was only THEN that she came back and advised me that HSOA indeed had been added to the list, but that the new list had yet to formally issue. She also confirmed that Schwab would pay 3% per month for the right to "borrow" my HSOA shares and that the offer applied not only to HSOA shares held in a non-IRA cash acct, but also to my SEP-IRA (and other IRA-type accts)! THAT was what surprised me since I am forbidden to use margin or buy options in my SEP-IRA acct. The more I think about it, the more I think this may be a pretty significant piece of info..... FWIW, I strongly suspect that other brokerages r doing the same thing. thanks 4 the head's up, chinchuba! much obliged.

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