SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Big Dog who wrote (6332)	11/7/1996 2:58:00 PM
From: Mr. Aloha	of 13351

Mike you wrote... >>Also, one does not have to open an account to sell shares. If you have a certificate you can sell it to your next door neighbor by signing on the back and processing through the transfer agent. No need for an account, a broker or anything...sort of like selling a car. Stock certificates are negotiable instruments. Brokerage accounts merely facilitate the buying and selling. (Much like a car dealer.) How would a stock certificate get sold to us investors or ONE large investor is someone just transfered ownership? Are you saying that the owner might have signed it over to Meyerson? and they sold to the market? Was that the MM movement we saw? Was there really no shorting just selling of transfered shares? If that was the case, than the individual who sold prior to lockup and Meyerson? who excepted shares could be in deep kimchee! Is that why Meyerson stop trading the stock? They found out they were selling shares that were locked-up? Aloha

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