Funny thing about that brokerage.
zecco put trade restriction on and then Tony issued the immediate release divvy's. Almost like it was a FED sting operation. Must have been 6 week Tony warned in Podcasts "Go ahead kick me out of the DTCC". Shorting continued, restriction were enforced at Zecco and then the immediate release was issued ...fat finger .01 cover by bed fellows. When the dust settled though 1 CASH account maybe 2 were not covered in time for the divvy's payment on time. All investor have to be treated equally regardless of trading strategy. They were not by the DTCC. Which resulted in the filing of my complaint. In the complaint the .01 would have given money to buy 50,000,000 ENTI shares at .0001 ( my trading strategy) had I had my divvy's share during the immediate release and fat finger .01 a FINRA approved corporate action . $2-5 being the target price mentioned, 50,000,000 shares would be worth $250,000,000.00. What pursued was a investigation. The article I have read suggest a computer glitch cased the trade surge resulting in a 1.4 Billion dollar liability. The security organization in question was only worth $440 million or so. I suspect the settlement was 1.4 Billion worth of GMAC shares now Ally to the company a Equity stake without taking a position. You give them 50 million ENTI shares ENTI holds the Ally shares. The brokerage punishment considering the divvy's being late covering the complaint. Zecco sell $275,000,000.00 in assets to Ally. Zecco then was bought by TradeKing. Then we got Dodd/Frank restricting Financial Institution of investing in startups Those invested are given 2 years to divest. In the mean time 900,000k was paid to cover the margin at zecco. Ally Financial proceed to acquire TradeKing. To complete the acquisition all old zecco accounts have to be cleared under Dodd/Frank as Ally is a Financial Institution. TradeKing places APEX clearing as the agent for those accounts. The account have a $2 trading threshold which caused a 1 year court battle over margin deposits . That battle ended with a increase of margins to $9,000,000. If the margin is 9 million then the possible liability is $90,000,000.00. once cleared the Non self clearing shares hold the price at $2 because of Dodd/Frank. So along comes ECGR R/S'd and then 40 million share show up are bought runs above $2. If you Short 40,000,000 shares at $2 you get $80,000,000.00 add the $9,000,000.00 you have $89,000,000.00 DUTV it is said has $12,000,000.00 that is $101,000,000.00 for 34.068 old ENTI shares. That works out to $3 per share calculated 100 million SS at least $1 to get the ball rolling. Not .07. At .07 they might get 100,000 in shares. I'll wait... things might start flowing at .50....seeing jail bait might be hanging in the balance. Be interesting what my PTEL, ABVG, DUTV in both accounts go for. That is another 4 million shares. I suspect my SREH now DUTV divvy's won't land until my PTEL zecco shares clear...Glue might be expensive for FNB Pharmaceutical...but that is a guess. I suspect once the dust settle if my 3 MIA certs show up they will be worth $80-300 per share some day...Key word is "IF"... so I have to protect the leverage I do or don't have on this side of the fence 1st. The above planned no clue. However you can be sure FINRA/DTCC/SEC are not for the little guy unless force to be.
zecco put trade restriction on and then Tony issued the immediate release divvy's. Almost like it was a FED sting operation. Must have been 6 week Tony warned in Podcasts "Go ahead kick me out of the DTCC". Shorting continued, restriction were enforced at Zecco and then the immediate release was issued ...fat finger .01 cover by bed fellows. When the dust settled though 1 CASH account maybe 2 were not covered in time for the divvy's payment on time. All investor have to be treated equally regardless of trading strategy. They were not by the DTCC. Which resulted in the filing of my complaint. In the complaint the .01 would have given money to buy 50,000,000 ENTI shares at .0001 ( my trading strategy) had I had my divvy's share during the immediate release and fat finger .01 a FINRA approved corporate action . $2-5 being the target price mentioned, 50,000,000 shares would be worth $250,000,000.00. What pursued was a investigation. The article I have read suggest a computer glitch cased the trade surge resulting in a 1.4 Billion dollar liability. The security organization in question was only worth $440 million or so. I suspect the settlement was 1.4 Billion worth of GMAC shares now Ally to the company a Equity stake without taking a position. You give them 50 million ENTI shares ENTI holds the Ally shares. The brokerage punishment considering the divvy's being late covering the complaint. Zecco sell $275,000,000.00 in assets to Ally. Zecco then was bought by TradeKing. Then we got Dodd/Frank restricting Financial Institution of investing in startups Those invested are given 2 years to divest. In the mean time 900,000k was paid to cover the margin at zecco. Ally Financial proceed to acquire TradeKing. To complete the acquisition all old zecco accounts have to be cleared under Dodd/Frank as Ally is a Financial Institution. TradeKing places APEX clearing as the agent for those accounts. The account have a $2 trading threshold which caused a 1 year court battle over margin deposits . That battle ended with a increase of margins to $9,000,000. If the margin is 9 million then the possible liability is $90,000,000.00. once cleared the Non self clearing shares hold the price at $2 because of Dodd/Frank. So along comes ECGR R/S'd and then 40 million share show up are bought runs above $2. If you Short 40,000,000 shares at $2 you get $80,000,000.00 add the $9,000,000.00 you have $89,000,000.00 DUTV it is said has $12,000,000.00 that is $101,000,000.00 for 34.068 old ENTI shares. That works out to $3 per share calculated 100 million SS at least $1 to get the ball rolling. Not .07. At .07 they might get 100,000 in shares. I'll wait... things might start flowing at .50....seeing jail bait might be hanging in the balance. Be interesting what my PTEL, ABVG, DUTV in both accounts go for. That is another 4 million shares. I suspect my SREH now DUTV divvy's won't land until my PTEL zecco shares clear...Glue might be expensive for FNB Pharmaceutical...but that is a guess. I suspect once the dust settle if my 3 MIA certs show up they will be worth $80-300 per share some day...Key word is "IF"... so I have to protect the leverage I do or don't have on this side of the fence 1st. The above planned no clue. However you can be sure FINRA/DTCC/SEC are not for the little guy unless force to be.
Digital Uts Ventures (DUTV) Stock Research Links
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...
