Jessup and Lamont are merely one of several Investment Bankers currently talking to NWCM. There is no deal with them - or anyone else - as yet.
Your other ridiculous claims aren't worth a response.
The most recent DTC positions (30 days old) show Joseph Charles & Co long 165,000 shares of NWCM. New DTC numbers are due out Friday, and will probably reflect a lower figure. How is it that Joseph Charles is posting so few shares when certain individual brokers in various offices at the firm still have collectively more than 300,000 shares on their books - and, thank goodness, are steadfastly staying long.
The answer? Joseph Charles and Co is perpetuating a massive scam not only on their own brokers, but on the public as well. While encouraging their brokers to sell the stock, the Company has been accumulating a sizable short position which, as market makers, they do not have to reflect in the official short figures, and may subtract from their long position for DTC reporting purposes. They are waiting for their brokers to exhaust their selling, at which time their trading desk will buy in the short position and make a sizable profit.
I challenge any member of JCC management to deny this publicly, on this or any other forum, with verifiable figures. The truth will eventually make itself known. |
