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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Deeber who wrote (8167)8/21/2001 10:39:41 AM
From: John Lacelle  Respond to of 19428
 
Deeber,

Ya really got to watch it when you short those scummy little companies.
If I were you, I'd sell whatcha got, and close the account. Hopefully, you
can get your money back. If NDB wants their money, tell em to talk to
your lawyer.

-John



To: Deeber who wrote (8167)8/22/2001 5:38:47 AM
From: D. Chapman  Read Replies (2) | Respond to of 19428
 
Deeber

Here is a response from Anthony@pacific

"
He probably went long 2K PNSO at 35 or so..sold them the day before the split at 50 or so, the trade didnt settle yet..so his firm was probably on a manual re-org system and they mistakenly paid him the 52,000 shares that split from the original buy, minus the 2k he sold the day before which hadnt settled yet...He then saw the 50K extra shares and the stock was 2 bucks, after hitting 1.60 that day...he then called and inquired about the 50K shares, and found some dolt in the re org dept who was only referencing the activity in the acct, and who never changed to see cash type in the acct( otherwise he would have seen that these 50 K were never paid for or purchased after the split date, deeber then intentionally tried to pin this guy down and have this guy admit on tape that the stock was his, all the while deeber knew that he had already sold his stock pre split wise...after gettin what he believed to be a liability lock from this guy on tape , he sold it..Now he is demanding that the firm honor what this poor soul in re org told him, based on what they saw on one computer screen.( which was an error )
Deeber knew the stock wasnt his and knew he wasnt entitled to them. the second he effected the sell of the 50K, he took on a whole new trade, had the stock closed at 1 instead of 3.45 when the buyins were done..he would be demanding the gain on the short, and they would rightfully be entitled to keep it from him..

The guy is con man and is no better then any of the crooks he claims ripped him off..

I dont care who you are , anytime you get an extra 100k in stock, you know if you paid for it or not..You cannot profit from clerical errors in your favor, just as you cannot lose when they occur against you..

In a nut shell:

1.)bought 2K PNSO @ ??????????? ( 30-40 bucks )

2.) 26 for 1 split announced

3.) sold 2K PNSO @ ??????( 45-55 bucks) on or about day before split

4.) trade doesnt settle and he gets credit for 52,000 shares minus 2K sold for Pre split 2K share owned

5.) stock gets hit and drops to 1.5 and rises to 2

6.) deebr sees an extra 100K in his acct and tries to see if he can take advantage of mistake

7.) gets someone at the firm to admit their computers are right and he wons the stock, knowing full well he doesnt, thats why he asks" in the future what happens if their was a mistake?"

8.)Deeber sells stock and thinks he pulled a fast one, only one problem ...the stock rises

9.) Firm discovers mistake and demands that he cover his improper sale( short )

10.)theyforcibly buy him in and incur loss, that results from deceptive sale

11.)60K loss is in acct and deeber owns it

12.) post pathetic re-eactment of trades on SI to bolster a losing position

13.) Deeber you lose

By the way, I hate The big Boys more than anyone could ever know, but deeber my friend you are in the wrong here and you know it. If I were you, Id quietly just stop posting about it.

anthony@pacific
"The Truth only has one shade"