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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Spider Valdez who wrote (10834)11/6/1998 4:49:00 PM
From: zonkie  Read Replies (1) | Respond to of 26163
 
Are you talking about the arbitration hearing documents? If so the answer is yes I saw them and I have them saved to disk, the part I like is the part that describes the tantrum Sylver threw before they called security in and he left.

Do you have the "exclusive export agreement"?

zonkie....



To: Spider Valdez who wrote (10834)11/6/1998 5:01:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 26163
 
you must saw court documents ulrich guy post. if there are "several" i think it easy to post them to.

Once again, Spidey, you are being quite incomprehensible. Seems to happen when you get a little upset. Really, what you say makes no sense whatsoever. You expect to convince people that AZNT is a "good investment" posting THIS sort of nonsense?

lololololol!!

And pssttt!!: Call the courthouse, why the hell not?



To: Spider Valdez who wrote (10834)11/6/1998 5:02:00 PM
From: antibash  Read Replies (3) | Respond to of 26163
 
When a naked short is introduced, a discrepancy builds between shares and physical certs., This discrepancy doesn't exist on the individual brokerages. It exists between electronic shares and certs. The DTC never dealt with this discrepancy before, because it is irrelevant until the guy going into the basement begins to say that the pile is getting mighty low. With AZNT, a court action is forcing the DTC to reconcile the discrepancy between shares and certs. Not the pile getting low.

What the DTC reconciles every day is the electronic shares bought and sold. The list of the buys must add up to the same number on the list of owing sellers. A naked short would show up as a buy and a owing sale from the shorting MM. The numbers for the buys and sales for a stock for the day are reconciled. A separation has occurred between the electronic shares and the certs. The short has collected the money from the brokerage and gone on the electronic list of owing sellers. The short has produced a commodity-- an electronic share--and sold it on the market and the transaction is recorded on the electronic scoreboard. The shorts can do this indefinitely as long as they keep the DTC guy from going into the basement too much.

Their trouble begins when the DTC has to go the first seller on the owing seller's list and say that they have to produce certs to xxx brokerage to meet a cert pull request.

The result will be a slow and steady buy-in, which will continue to build momentum. The real fun will begin when the basement guy says "That's it. The pile is gone."

anti=ANTI