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Technology Stocks : Research Frontiers (REFR) -- Ignore unavailable to you. Want to Upgrade?


To: N. Dixon who wrote (7761)12/18/2013 6:36:26 PM
From: Jorj X Mckie3 Recommendations

Recommended By
inchingup
Lahcim Leinad
poccidenarri

  Read Replies (1) | Respond to of 50136
 
You're the boiler room shills. I have no problem with you taking the stock lower. 2s by the end of the week, right?


Call Harary and Saxe up and have them dump some shares. Or maybe the strong hands of the investors who hold warrant and options.

Remember, no volume means no interest. Any supply of shares will hurt the stock price.

The fewer retail investors in REFR the better. The information thatt retail investors, who are interested in REFR need to know is that if they avoid that ticker symbol, nobody can make money off of them. Not shorts, not longs.

You can call me a boiler room shill all you want. If it has the effect of keeping retail investor away from the stock symbol, I am happy.

BTW: where have Harary's and Saxe's shares gone over the years? How is it possible, after never selling REFR stock, that they only have 400k shares each when they have owned so many more in the past?



To: N. Dixon who wrote (7761)12/20/2013 1:18:22 PM
From: N. Dixon  Read Replies (2) | Respond to of 50136
 
Exact same scenario for REFR. Highly illegal but tolerated practice. FINRA should stop this in all securities.


Naked Short Selling by ACI and using Canadian broker dealers

The first group of short sellers (West Highland Partners, Andrea Lakian, Blue Ridge and Quilcap), had accounts both with ACI and other broker dealers although most of the trades were executed at the other broker dealers. I noted from testimony that each account had contacts with Asensio during the trading period. Andrea Lakian is the wife of John Lakian of Fort Hill Group, which leases and shares office space with ACI. Judy Stone (Quilcap), John Griffen (Blue Ridge) and Mike Wilkins (West Highland) were also personal acquaintances of Asensio.

The second group of short sellers (Bulldog, Steven Schechter and Paulson Partners) sold short substantial quantities of ACI shares through two Canadian broker dealers, Thomson Kernaghan and First Marathon. The short selling at the Canadian broker dealers is noteworthy because the U.S. broker dealers who executed the short sales for the Canadian broker dealers had no documentation that affirmative determinations had been made by them or the Canadian broker dealers. It does not appear that any of the shares sold by this group of short sellers were, in fact, delivered because both Thomson Kernaghan and First Marathon had deficits at NSCC consistent with the short selling volume (6). It is my opinion that these short sales were "naked" and that the short sellers did not have a reasonable basis to believe they could deliver the HBI shares to the clearing broker dealer by settlement date.