ditto .. the reason being is cash acct shares can
Post# of 72447
(Total Views: 231)
Posted On: 10/11/2017 11:48:14 AM
Re: NotRichYet2 #38223
ditto .. the reason being is cash acct shares can be loaned out and years ago
Fido did just that with mine on another OTC target .. at the time the company
was in its final *take down* with almost no chance of survival .. i made the decision
for various reasons to not raise hell .. (perhaps wrongly) .. but it taught me
that if a GTC is set too far out of the money in a cash acct .. those shares
can be utilized .. which is why i note they all collude .. think about the ability
to loan out shares for a very brief time .. (could be minutes or an hour) .. i can
only imagine the money that is made on those deals .. i also believe the margin
aspect (shares) have dried up over the past few months .. liquidity on IPIX is
becoming almost non existent .. and with today's 90 day avg falling below 200k
it hopefully is clear to all what is being done ..
4kids
Fido did just that with mine on another OTC target .. at the time the company
was in its final *take down* with almost no chance of survival .. i made the decision
for various reasons to not raise hell .. (perhaps wrongly) .. but it taught me
that if a GTC is set too far out of the money in a cash acct .. those shares
can be utilized .. which is why i note they all collude .. think about the ability
to loan out shares for a very brief time .. (could be minutes or an hour) .. i can
only imagine the money that is made on those deals .. i also believe the margin
aspect (shares) have dried up over the past few months .. liquidity on IPIX is
becoming almost non existent .. and with today's 90 day avg falling below 200k
it hopefully is clear to all what is being done ..
4kids
Quote:
That is what brokers tell us BUT I have doubts that that is true in practice as shares are held in street name of the broker.
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