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Posted On: 06/30/2017 5:32:14 PM
Post# of 17650
Other adage after 2008 and others is
You give crooks enough rope they will hang themselves. ENTI keep increase the SS as the price went up and the SS swelled. $4-8 commission on each buy or sales. Add the adage a fat pig can't fly...shorts didn't matter....Well, until that immediate release divvy. Then a Cash account could not get DTCC coverage in time because they had made the stock DTCC ineligible. Late in a Cash account is Security Fraud and it only take 1. Then the sale of a asset by the brokerage, merger sell, acquistion put a $ amount on the damage. The SEC complaint cause a investigation. SEC DTCC probably said Oh shit after the investigation resulting in a 1.4 Billion dollar liability 1.4 Billion the brokerage authorized by the SEC and DTCC didn't have assets to cover. Enter SEC/DTCC/brokerage fix to cover with the asset sell and federal government assets of 1.4 Billion...trader is a dumb-ass newbie we'll buffalo him he'll sell and throw in the towel. Problem fixed. The dumb-ass trader didn't flinch and here we are. Be my best guess with 100's of billions of shares in the mix.
You give crooks enough rope they will hang themselves. ENTI keep increase the SS as the price went up and the SS swelled. $4-8 commission on each buy or sales. Add the adage a fat pig can't fly...shorts didn't matter....Well, until that immediate release divvy. Then a Cash account could not get DTCC coverage in time because they had made the stock DTCC ineligible. Late in a Cash account is Security Fraud and it only take 1. Then the sale of a asset by the brokerage, merger sell, acquistion put a $ amount on the damage. The SEC complaint cause a investigation. SEC DTCC probably said Oh shit after the investigation resulting in a 1.4 Billion dollar liability 1.4 Billion the brokerage authorized by the SEC and DTCC didn't have assets to cover. Enter SEC/DTCC/brokerage fix to cover with the asset sell and federal government assets of 1.4 Billion...trader is a dumb-ass newbie we'll buffalo him he'll sell and throw in the towel. Problem fixed. The dumb-ass trader didn't flinch and here we are. Be my best guess with 100's of billions of shares in the mix.
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I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...everything I say is of my opinion. I'm not a good place to get investment advise...
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