SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ALDM - Anyone know anything about this company? -- Ignore unavailable to you. Want to Upgrade?


To: Jetter who wrote (343)7/16/1998 9:48:00 PM
From: Sapper MSG  Respond to of 381
 
They do Bro. Did you see your broker mentioned by name on the guys the SEC was thinking was doing some crooked stuff? I saw my broker "DLJdirect" had the highest income this last quarter than any broker ever had. The homeboys probably made $5,000 off me and my shares. I know NOW that if I get my certs, I limit their power. It will cost me an additional $15.00 per certificate, but I made a resolution "Not a New Years" that I won't leave ANYTHING in street name. If all of us independent investors did the same, we could stop some of this manipulation. I bet you a beer that within 3 years, the SEC will respond to this problem with MM control of penny stock and us little Guy's/Gal's will leave NOTHING in street name.

Sapper phylocipyhising and drinking a beer. :). Wishing his spelling didn't suck.

Sapper



To: Jetter who wrote (343)7/16/1998 10:18:00 PM
From: Sapper MSG  Respond to of 381
 
Jetter, after what Dave said, let me say this. Any time I buy shares, 1 to 1 Bizillion, I have the option to let my broker hold them in my street name "Sapper" or mail them to me with Tommy G. Simmons as the owner. If I buy three different times during the week, on Friday I can request my certs and get 1 certificate which will show ownership of all the shares I bought that week. If I request to have them mailed, it takes two to three days to get them. If I sell, I have to have the certs to DLJdirect within three working days. Example: I use to buy NANX in the morning at $5.00 a share and sell in the evening at $5.50. No way to receive and mail the certs back within the three day window so I leave them in Street name and DLJ holds them for me. If I know I will hold a stock for a while, like my AES shares, I will ask for the certs. That way I don't give the Bast@rds a chance to use my shares to make them money.
What David says makes good sense. I will probably E-mail DLJ and ask them to convert my shares. Will probably take a few days. I hope the stock drops a bit more tomorrow. If It does, I got $2,000 to buy a few more. THEN Monday I will ask for certs and it will still only cost me $15.00 for the cert's. This will help "in a small way" to keep the shorters honest.
Have I confused everyone yet. Did drink a beer after I got home. :)

Sapper



To: Jetter who wrote (343)7/16/1998 10:28:00 PM
From: Sapper MSG  Read Replies (1) | Respond to of 381
 
To: Sapper MSG
From: Sapper MSG Thursday, Jul 16 1998 10:23PM EST -Preview-

Whooo, How did I do that?

Sapper