The Ihub basher crew are going to lose in a very b
Post# of 39368
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The Ihub basher crew are going to lose in a very big way. Squeeze is inevitable at this point. Audits will be completed. Market Maker is ready to make market and the SEC is ready to give TECO it's blessings. If shareholders have needed to "hold" for years due to tortious interference then why not hold long enough to heavily punish those who caused it? I'm hoping they need to pay $1+ per share but that would take a coordinated effort. Why settle for peanuts after all we've been through as shareholders?
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Indeed. I might be wrong but I don't believe they can cover on the open market. They require full disclosure to a seller and their cert(s) whether physical or in electronic form. I have mine recorded with the transfer agent if anyone wants them for $1/share.
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NSS stocks have been squeezed before and they will be squeezed again. It's a hoot when the Ihub crew implies "no proof". Hence the word "NAKED"! Also known as "VAPOR" shares! "Failed To Deliver" i.e. the shares were never borrowed! A normal short or borrowed share is known as a "Disclosed Short".
Fails–to–Deliver — The process of creating shares via naked shorting creates an obvious imbalance in the market as the sell side is artificially increased with naked short shares or more accurately, counterfeit shares. Time limits are imposed that dictate how long the sold share can be naked. For a stock market investor or trader, that time limit is three days. According to SEC rules, if the broker dealer has not located a share to borrow, they are supposed to take cash in the short account and purchase a share in the open market. This is called a “buy–in,” and it is supposed to maintain the total number of shares in the market place equal to the number of shares the company has issued.
Market makers have special exemptions from the rules: they are allowed to carry a naked short for up to twenty–one trading days before they have to borrow a share. When the share is not borrowed in the allotted time and a buy–in does not occur, and they rarely do, the naked short becomes a fail–to–deliver (of the borrowed share).
The share structure needs to be audited and the certificates need to be held accountable based on trading activity. A huge undertaking but worth the effort in my opinion.
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Here's most likely the facts; their protected at all costs. The money backing them will protect them from any legal intervention. Millions upon millions of dollars are at stake. They're just old lady mouth pieces bitching for their bosses. They might as well be on their knees with mouths wide open! Zero integrity, zero brains, zero lives!