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Posted On: 05/22/2017 1:58:36 AM
Post# of 11035
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Re: energy_wave #10044
I don't think you can buy back shares on the Grey Market. I believe the trades we see are trade for trade or low transaction trades to cycle shares from book to book via broker to broker....not thru the DTC. Which is part of the deeper problem.
There are certainly some people buying up cheap and maybe lowering their cost average.
I would add that clearing transactions are now a huge focus in regulatory agencies ect more now than ever before. Litigation has been picking up and it's exposing short falls in the system for sure. This looks like a broker(s), a series of dirty loan financers, and group of people tried to out smart a clearing firm and the DTC and got caught with thier hands in the cookie jar. This is certainly not about getting 4 million dollars back. This is about personal property (shareholder), liability, and who broke the law!
I think that is obvious now.
Tic Toc! Can you feel that pressure...its coming! Just a matter of time!
$CRGP
There are certainly some people buying up cheap and maybe lowering their cost average.
I would add that clearing transactions are now a huge focus in regulatory agencies ect more now than ever before. Litigation has been picking up and it's exposing short falls in the system for sure. This looks like a broker(s), a series of dirty loan financers, and group of people tried to out smart a clearing firm and the DTC and got caught with thier hands in the cookie jar. This is certainly not about getting 4 million dollars back. This is about personal property (shareholder), liability, and who broke the law!
I think that is obvious now.
Tic Toc! Can you feel that pressure...its coming! Just a matter of time!
$CRGP
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
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