SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dvdw© who wrote (2429)3/20/2008 7:35:55 AM
From: makeuwonder of 3821
 
I'm not sure about everyone else reading this board but you guys went beyond me. I have no clue what it is you are trying to say. If it's code you did a good job with respects to my type anyway.

I feel like this is the domino's I've been talking about for several years. I kept saying one is going to start squeaking then a few get in trouble and you have 3 squeaking they get several more squeaking and the truth came out.

They have admitted the market was naked shorted. Now the solution. Why can't they do it like this. If they don't have the shares refund the money paid to get the shares. Then if people want to repurchase the stock great. But the market would be back to even. That's where I kept saying people should get their certificates. If you hold your cert you hold your shares. If you house them in a brokerage account the way I get it is they have been able to sell your shares short. They may be calling it lending. Maybe some of these trades and funds came from the subprime mortgage stuff. They aren't going to tell us that much.

What did the SEC do again. Tell us all to make more comments. Looks like I'll have to go post AGAIN.

How else can they do it though? If word got out the shares they own are fake people would buy stocks and run it up artifically high. There was a guy who held PAYD in a IRA account. I said I bet they shorted your shares in the IRA. I was joking. He figured he'd test the water on it and tried to get his certificates and it was true. They had used his shares. I'm sure the whole board's jaw dropped. Those guys kept making fun of me because I was telling them about shares being shorted illegally.

The only other thing I could see is let the brokers/bankers buy shares on the weekends and shareholders would only be allowed to sell shares. That would cancel out those trades.

I hate seeing the whole Country go down the tubes because a bunch of men got very greedy. The have money off shore. Bring it back and put it towards the mess.

I read Bear Sterns was only bought out by Jpmorgan because they didn't want anyone getting a look at the books. I really believe that's true. JMO.

Anyone else think of a solution? All reasons anyone thinks my ideas are way off are appreciated. I'd love to know why the ideas wouldn't work. I've been arguing with myself long enough trying to see why not and can't come up with anything.

Other than those who don't hold certificates won't hold shares and will have to buy them again. Hopefully cheaper but maybe not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext