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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (100052)	12/2/2008 2:46:53 PM
From: Hawkmoon	Respond to of 110194

I tried that once... they said OK, but 3 weeks later I chased it up and they said, Sorry that stock has been "oversold" and we can't get certs issued for a while.. I can believe it. And it sounds like you had grounds for legal action due to their inability to provide you what you had deposited (like a bank refusing to give you cash out of your account) and then you took a loss while your stock was in limbo. But this is what needs to happen to shock the shorts and those who fraudulently loan out shares that are not lendable (not margined... etc) and stop this counterfeiting. Again.. that margin debt being dramatically reduced is supposed to be equalized by reduced short positions so that appropriate "price discovery" can occur. It's the very reason we have short-selling in the first place, to provide a counter-balance to speculation via the use of margin. And when that speculation drops, so should the downside speculation amongst the shorts. Hawk