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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (144582)5/24/2005 11:12:04 PM
From: M0NEYMADE  Respond to of 150070
 
I received my F/S shares...I'm elated. Whereas others have not and if the retail brokerages can prevent buying of this Security because they feel the need to SAVE INVESTORS 5 freakin days after fact,,,then it's wrong. "you can sell but not buy????" No Girlie man here! Who's whinning!

MoneyMade is always there to help when he can.
He does not look out for only MoneyMade. Unlike your SPRL fiasco! Hope you made a killing. Certainly not I...

WTF!

investorshub.com

Posted by: njnorm
In reply to: zentman who wrote msg# 52375
Date:5/24/2005 10:39:12 PM
Post #of 52766

I don't like the fact that AT wouldn't let me buy back the 2 million I sold this morning on their ok. F'ers!

I sent Ameritrade many emails and have copies of all of them.

I was assured that I had no short position - therefore I couldn't buy any more to have or to cover a sell.

To make matters worse I emailed them when I could have bought all shares back at .0001 where I sold and the said NO.

As far as I am concerned Ameritrade is SO TOTALLY responsible for any headaches their clients may have and will have a huge class action suit against them for blocking shareholders rights to buy to potentially clear up any short positions.

When you went to buy shares today they had a message that stopped any transactions and that is what they should have had yesterday - that is their second big mistake.

I believe that ameritrade will be in very hot water unless the powers to be bail them out also.

A Quitter Never Wins and a Winner NEVER Quits!

Posted by: pdc021376
In reply to: njnorm who wrote msg# 52749
Date:5/24/2005 10:42:31 PM
Post #of 52766

Criminal to not let us buy the back the alleged "short"
We need to post some here to band together those with this issue.



To: jmhollen who wrote (144582)5/24/2005 11:27:07 PM
From: M0NEYMADE  Respond to of 150070
 
Second...AMERITRADE IS NOTIFYING GVRP SELLERS THEY ARE SHORT!!! APPARENTLY!!!

Posted by: pdc021376
In reply to: shmolton who wrote msg# 52708
Date:5/24/2005 10:21:04 PM
Post #of 52771

Appaently they are calling people and saying they are short now .... but nice finds by timmage, bob, art, etc...

"NASDR also notes that the obligation for making an affirmative determination and complying with the Bid Test Rule rests with member firms and may not be shifted to customers. For instance, members may not satisfy the Affirmative Determination Rule for short sales by merely giving warnings to customers that they are required to make good delivery of the securities or that they will be financially responsible for any losses incurred from covering short sales." and "receipt of a short sale and the "inadvertent" nature of a short sale in no way eliminate or reduce the obligations of member firms to comply with the short sale rules." Both of these items are found here in the NASD regulations.

nasd.com

Also it appears that we are supposed to be notified if a position might be sold short according to this statement from the NASD. "Notwithstanding the fact that the customer may not intend to sell short, a member that offers online trading services to its customers must program such systems to ensure that the member is complying with all trading and market-making rules, including the short sale rules. In other words, when the above referenced situations occur, members’ systems should consider the stock positions in customer accounts and the number and status of all orders and cancellation
instructions. Member firm automated systems should execute such short sales in compliance with the short sale rules, and NASDRSM and Nasdaq recommend that firms design their systems to provide customers with notice when they may have placed an "inadvertent" short sale. In sum, the means of receipt of a short sale and the "inadvertent" nature of a short sale in no way eliminate or reduce the obligations of member firms to comply with the short sale rules."



To: jmhollen who wrote (144582)5/24/2005 11:30:20 PM
From: M0NEYMADE  Respond to of 150070
 
Third...i believe i issued this warning days agohttp://www.siliconinvestor.com/readmsg.aspx?msgid=21351318

WAIT FOR THE TRADES TO SETTLE IN THE FUTURE.