You must be very new to the investment game. Its a shame your lack of knowledge or experience in investing will take you to the poor house!!
Oh well, everyone gets what they deserve. If your are ignorant about educating yourself in this business, then you deserve your trip to the poorhouse.
Anyway, for your information, all 13g, 13f and 13D are filed by "single" holders of stock. A single holder could be an individual or an institution such as a mutual, pension, endowment fund, or an investment club whose entire stake in the stock in question is under one name (the stock certificates) and that is the name of the person or particular fund.
Now, if you are an investment advisor, stock broker, or investment manager who has buy/sell authority in your clients' account, but hold all the shares in the client's name, then the SEC's 13 compliance rule does not apply. My colleagues are all investment advisors that own stock in the clients's name. The person that owns almost 300,000 shares owns it for 134 accounts. After sending letters to all his clients, notifying them of his intentions, most have given him the OK transact physical delivery and cash account transfers.
Looks like someone is panicking with there short interest position. LIKE I SAID BEFORE, "You get what you deserve".
Thanks MAD MONK. US LONGS HAVE TO PUT THESE SHORTS WHERE THEY BELONG. |
