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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Handshake™ who wrote (7589)12/9/1998 7:20:00 PM
From: J. Nelson  Respond to of 25548
 
- - - = +++---+=++:~{ ! }0pen{
CANADA'S BEST KEPT SECRET. Many canadian speculators don't pay for their stock.
Therse Canadians speculators bet on stocks., aginst the equity in their account.
We've heard about T-3 etc. That is bull. The truth is often, more like T-12
or T-20 (as in 12 or 20 days to settle instead of the requeird three days).
Brokerage firms have been known to exend, to their best clients, the time they
can hold "unpaid stock" for weeks. What is also not very well known is that
brokerage firms can, and frequently do, short sell any stock which remains
unpaid (they do so to protect themselves). Thus, during an exciting runup,
one observes (or hears about) massive shortselling of a stock -- the stock
wasn't paid for, so the brokerage firm shorts it. A brokerage firm.s credit
manager can quite excitedly extend your "credit terms" so that you have "more
time to pay for your stock". Exxentially, you end up betting aginst yourself,
under these circumstances, because the brokerage firm is shoorting your purchase.
Later, you end up selling at a loss and the brokerage firm covers at a profit.
The house nearly always wins. Your stockbroker gets his commission wheather you
lose or not. {this came from a board I was reading last night}
-- Kinda makes ya wonder why you place a buy/sell and one time it's all one trade,
were the next is 3 to do it. one buy, one sell, one short.



To: Handshake™ who wrote (7589)12/9/1998 8:25:00 PM
From: marcos  Respond to of 25548
 
Thanks anyway, Handshake - #reply-6764006 ... eom



To: Handshake™ who wrote (7589)12/9/1998 9:37:00 PM
From: Handshake™  Read Replies (2) | Respond to of 25548
 
To all: Stay away from ARP's thread. They have made too much money over the last three months and they are lacking oxygen....
ROFLMAO

:-)



To: Handshake™ who wrote (7589)12/9/1998 11:23:00 PM
From: Madeleine Harrison  Respond to of 25548
 
I got 40 something trades. But let's get real on this.
The trades can be broken up and filled from different MMs and
so it looks like separate trades. Hard to tell.

here are the last few trades:
4:08:00 8 50000 0.070 4:00:17 8 6700 0.075 3:57:39 8 30000 0.070 3:53:32 8 30000 0.070 3:53:27 8 13000 0.070 3:53:26 8 13000 0.070 3:43:12 8 42000 0.075 3:32:34 8 20000 0.070 3:22:32 8 20000 0.075 2:54:08 8213000 0.075 2:53:51 8100000 0.070 2:53:22 8 90000 0.070 2:52:39 8 30000 0.070 2:30:49 8 20000 0.070 2:16:28 8 30000 0.070