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Post by fastwalker on Oct 9, 2004 18:53:59 GMT -5
is locate...rumors and all... It may be that someone has perpetrated a joke on the CMKX mases...we'll have to continue looking but here is something interesting... But then again... (http://www.faulkingtruth.com) has reported that the "Dateline NBC" feature from the General Electric (GE) unit is still being produced, and may wrap up in time for a bombastic debut before the elections three weeks from now. dated on the 7th of october 2004..so who knows what..but I have provided the original article below... damn confusing mess without reliable sources..Fw +++++++++++++++++++++++++++++++++++++++ Knight Trading Denies FBI Raid, but Shares Plunge Anyway By Kristen French Staff Reporter 03/01/2002 05:44 PM EST Knight Trading (NITE:Nasdaq - news - commentary - research - analysis) fell sharply Friday, first on rumors its offices had been raided by the FBI, which the company denied, and later on a CIBC World Markets downgrade of its shares. A spokeswoman said: "The FBI rumors are false, there is no criminal investigation going on by FBI or SEC." Nevertheless, Knight's shares closed off 13.9% to $6.85. Investors have been more apt to react to any rumor of an investigation after the Enron meltdown, but some say investors have good reason to worry about Knight, and not necessarily because of any police actions. As the biggest market maker in Nasdaq securities, Knight has been hard hit by decimalization. The change, implemented last year, has reduced trading spreads from what they used to be. Now stocks can trade in penny increments, as opposed to the old increments of 1/16 of $1. That's tough on Knight, which makes its money by buying and selling shares for investors and small dealer firms and pocketing the difference between the bid and ask price. Knight's earnings, like those of many firms involved with swapping securities, have plunged since the rule took effect early last year. In the fourth quarter, the company's profit fell to $13.5 million, or 11 cents a share, from $35.3 million, or 28 cents a share, a year earlier. Citing the weak market environment and lower margins at Knight, CIBC cut its earnings estimates to 47 cents a share from 90 cents a share for 2002 and to 85 cents from $1.10 for 2003. The firm also downgraded Knight's stock to hold from buy. As profits dropped, the company has gone through a series of executive changes. The company's CEO Kenneth Pasternak made plans to step down last December. Last June, John G. Hewitt, president of the trading arm and David Sphilberg, Knight's chief operating officer, left as the company set plans to cut about 3% of its US workforce. Sphilberg told journalists he left because of disagreements with other executives over how to turn around the company. Well guys..if this is in fact the source of the "raid" then all was for naught and we will see the MMs first thing Monday...what a shame...if this is the source...UC...we need some real stuff ...how about a nice PR on Monday..say around 5..."ish" AM.... detailing the core samples and the fact that the audit is completed and whatever else might strike your fancy...we have all been real good here santa..sorry UC.... SOURCE: www.thestreet.com/stocks/brokerages/10011306.html
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Post by fastwalker on Oct 9, 2004 19:08:53 GMT -5
;DMM's THAT GOT RAIDED YESTERDAY & TODAY « Thread started on: Today at 09:31am » <br> -------------------------------------------------------------------------------- MM's THAT GOT RAIDED YESTERDAY & TODAY « Reply #8 on: Today at 08:03:54 » <br> -------------------------------------------------------------------------------- ***The rumored raids on the offices of several Market Makers reinforces my opinion that secretive world of Shorty is about to change forever. Why do I say this? Read the following post and follow the links to gain a better understanding of how Shorty is being attacked and who is leading the onslaught. By the time you’re finished following the links you may reach the same conclusion I did. That is, Shorty is about to go through some major pain and we are all a part of it. By the way, I originally made this post on September 4, 2004, but I think it is quite appropriate today and will be even more so in the future. It’s an updated outline of the story of Shorty’s demise ***SHORTY'S WORLD!!! After decades of operating in a cloak of absolute secrecy, the world of the naked short seller has begun to change. A series of events have combined to bring slivers of light into Shorty's dark and hidden world. For the first time in history we are seeing cracks in the facade of invincibility that has flustered many an attempt to penetrate it. Who is Shorty? He is a collection of hedge funds, naked short sellers, overseas listers such as the Berlin Stock Exchange, and the out-of-control ?Stock Borrow Program? run by the governance-conflict-laden Depository Trust and Clearing Corporation. To the amazement of the industry, as often and not, Shorty turns out to be their own regulators. A soon to be released report by DATELINE NBC has specifically identified the players as being individuals from 5 organized crime families, crooked regulators and terrorist organizations. Visit www.investigatethesec.com and sign the online petition. ______________________________________________________________________ As we speak, Shorty is being attacked on multiple and simultaneous fronts. On the LEGAL Front: 1) Anthony Elgindy was arrested after becoming ensnared in an FBI sting operation with two allegedly corrupt FBI agents. 2) The sudden bankruptcy of the Canadian Brokerage Firm which has been the headquarters for naked short selling worldwide. 3) The arrest of the CEO of the firm who was attempting to naked short sell $30 million dollars worth of three companies shares to an undercover FBI agent. 4) The public exposure of the Eligindy's, the Thomson Konaghans, the Valentine's, the thoudsands of offshore accounts, the money laundering, the tax evasion, and the links to terrorists will provide the public with a bird's eye view of Shorty's eventual destruction. source:http://1millionaire.proboards31.com/index.cgi?board=general&action=display&thread=1097284626
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Post by fastwalker on Oct 9, 2004 19:09:28 GMT -5
On the TECHNOLOGICAL Front: ---the creation of the Short Virus Scan software will allow the tracing of all suspicious transactions. Read the highlight of the article below: August 4, 2004. (FinancialWire) Charles Schwab, eTrade, Automatic Data Processing and NASDAQ are described as players, bad and good, in the new book from Austin-based 3DIntel, ?Naked Short Selling: The Illegal Hacking of the U.S. Financial System,? by Alan Lomax (http://www.thirtythumbs . com ). To complement its publication, 3DIntel said it has unveiled a new patent pending program, called The Naked Short Virus Scan, which enables US based public companies to determine their short position in their stock. ?The scan will identify in the size of short, date of occurrence, and the brokerage houses holding the short positions,? the company stated. its unique patent pending process allow them to trace the illegal trades in their shares.? The group recently brought suit against the Depository Trust and Clearing Corp. for allegedly participating in the short-selling conspiracy through its ?stock borrow? program which the attorneys say is nothing more than an illegal electronic printing press for stock certificates _______________________________________________________________________ On the REGULATORY Front: ---the Patriot act will bring forth a rash of SAR's (suspicious activity reports) when illicit behavior is observed. ---the canadian authorities have issued warnings about "know your Client" and "failure to supervise" violations by giant BCO Nesbitt.. ---the new SHO regulations that will make it more difficult ot short stocks (see below). ---the realization of the SEC that the confidence in them is at an all time low (Enron,Worldcom) ---the memories of the Bre-X mining scandal is still painful for Canadians In a June 23 release, the SEC stated it has put into place Rule 202(T), which establishes procedures to allow the Commission to temporarily suspend the operation of the current "tick" test in Rule 10a-1, and any short sale price test of any exchange or national securities association, for specified securities. Through a separate order, the Commission will suspend, on a pilot basis for a period of one-year, the tick test provision of paragraph (a) of Rule 10a-1, and any short sale price test of any exchange or national securities association, for approximately one-third of stocks in the Russell 3000 index. The order also will suspend, on a pilot basis for a period of one year, the tick test provision of paragraph (a) of Rule 10a-1 for short sales executed in any security included in the Russell 1000 index after 4:15 p.m. Eastern, and all other securities after the close of the consolidated tape, and until the open of the consolidated tape the next day. The pilot will commence on January 3, 2005 to permit broker-dealers and self-regulatory organizations to make the necessary programming adjustments. Rule 203 also imposes additional requirements on designated "threshold securities." Rule 203 defines a threshold security to mean an equity security for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and that is equal to at least 0.5% of the issue's total shares outstanding. Where a clearing agency participant has a fail to deliver position in threshold securities that persists for ten consecutive days after settlement, the participant must take action to close out the position. Until the position is closed out, the participant, and any broker-dealer for which it clears transactions, may not effect further short sales in the particular threshold security without borrowing or entering into a bona fide arrangement to borrow the security. Rule 203 will become effective 30 days after publication with a compliance date of January 3, 2005, to permit firms to make programming and procedural adjustments. _______________________________________________________________________ On the FINANCIAL Front: ---the defeat of the Naked Short Share machine by CMKX will cause huge losses if Shorty is indeed as heavily invested as many speculate. Some believe the UCAD dividend fiasco of "Ghost Shares: and the apparent "short squeeze on UCAD, SGGM and GEMM show that covering of the dividend is occuring. Additionally, judging by the money Shorty is spending to convince people CMKX is a scam,he is in trouble. Additionally, the impact to the offshore hedge funds, crooked market makers and assisting brokerage houses could be painful for a select crooked few. As things begin to tumble around them, I expect many of Shorty's compatriots to break ranks and begin providing authorities with the information needed to peel the next layer of the rotten onion. This ongoing flow of information is the missing piece that's frustrated all previous attempts to access the innards of Shorty's Cash Machine. --The 45,000 loyal shareholders Urban has will provide the Army that NO OTHER penny stock has ever gone to battle with. We have the potential to beome a political and financial power that cannot be ignored. That's why I expect to see several politicians at the party in Las Vegas. ---Charles Schwab & Co. recently read it decided to exit the market-making business. It is one of several market makers that have been the subject of accusations and/or legal entanglements over naked shorting allegations and issues. The company had said it is either the number one or number two market-maker in more than half of all of NASDAQ?s (OTCBB: NDAQ) listed stocks. Recently observers were surprised to find a comment letter submitted to the SEC by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed. www.sec.gov/rules/concept/s71304/charlesschwab061604.pdf . --NITE is currently undergoing a corporate restructuring and has sold some divisions to Citicorp. Some background on NITE ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=82059 ______________________________________________________________________ On the EDUCATION Front: ---the final nail in Shorty's coffin may just be the Dateline expose rumored to be released in late October. First, my thanks to gojmha from the RB boards for bringing my attention to this article Here's the link to his post: www.ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=81743 So, what bombshells could the expose contain? 1) Former Under Secretary of Commerce Robert Shapiro has reportedly told Dateline that the Illegal Shorting and stock manipulation has attributed to $500 Billion to $1 Trillion in economic losses to Investors. 2) Recently convicted individuals for securities fraud have reportedly informed Dateline of the mechanisms to the stock manipulation including the bribing of US Brokers via the use of pre-paid credit cards as well as the Bribing of Regulatory Officials empowered to protect the Investors. 3) Dateline has reportedly spoken to "Players" who have identified the Banking locations (Bahamas, Bermuda, etc?) where Offshore Hedge Funds are being used as the tool to manipulate the securities. Major US Firms are Investors in the Funds seeking quick and easy profits. 4) Dateline has reportedly been provided evidence of the 5 major US Organized Crime families being implicated in this securities fraud scandal as well as links to Terrorism leading into Saudi Arabia among other locations. 5) Finally, Dateline has reportedly spoken to ex-executives of the Depository Trust who have explained in great detail the operations of the DTCC and how that operation is helping in this fraud. The DTCC hides the level of illegal trades (settlement failures) that are the means to the stock manipulation. ********************************************************************** Everyone should contact Dateline and insist that they air the story on illegal shorting. The further education of the public is critical at this time. Here is the e-mail address: Dateline@NBC.com (Sharon Hoffman is the producer for this piece.) ********************************************************************* ______________________________________________________________________ In summary, I am encouraged that a concerted effort to trace the short sellers down has begun and seems to be progressing in an orderly, albeit, painfully slow manner. While we cannot bankrupt the credibility of our financial markets, it is nonetheless, critical that we take this opportunity to change the way Shorty operates. As I've shown above, this "confluence of negative events" is in effect creating a "Perfect Storm" that will sink Shorty's 300 foot yacht. We must push our Legislators, our Attorney General's, our Brokers and even the Television Networks to do the right thing. We have NEVER HAD the opportunity to expose Shorty before and we MUST take advantage of the favorable circumstances that have come our way. . Good Luck and it's all speculation source:http://1millionaire.proboards31.com/index.cgi?board=general&action=display&thread=1097284626
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Post by fastwalker on Oct 9, 2004 19:10:40 GMT -5
;D WEIN, Knight, Schwab Got raided over the last 2 days, and had to turn over there books, this is what Dave Patch (Works for www.investigatethesec.com ) is saying on PalTalk right now, Not sure if because of the CMKX or why, but he will find out.... Wess Christain told him the and wess works for www.oqlaw.com/Also 2 weeks to a month away on a Dateline TV story 66.25.79.105 -------------------------------------------------------------------------------- Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy" fastwalker Global Moderator member is online "Mr Casavant, I've been a good boy..Xmas..could I have some diamonds..please? Gender: Posts: 2612 Re: MM's THAT GOT RAIDED YESTERDAY & TODAY « Reply #3 on: Today at 09:33am » <br> -------------------------------------------------------------------------------- Lead counsel John O'Quinn said: "We are committed to the relentless pursuit of justice." www.investors.com/breakingnews.asp?journalid=23425161&brk=1 66.25.79.105 -------------------------------------------------------------------------------- Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy" fastwalker Global Moderator member is online "Mr Casavant, I've been a good boy..Xmas..could I have some diamonds..please? Gender: Posts: 2612 Re: MM's THAT GOT RAIDED YESTERDAY & TODAY « Reply #4 on: Today at 09:34am » <br> -------------------------------------------------------------------------------- This is more Canada, but what I posted while back, that they fake bid price and volume to keep the price down. They do this by double listing or double punching entry of order. www.canada.com/national/nationalpost/news/story.html?id=e756a99a-b583-42df-b840-5352ce8ce9e0source:http://1millionaire.proboards31.com/index.cgi?board=general&action=display&thread=1097284626 66.25.79.105 -------------------------------------------------------------------------------- Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy" fastwalker Global Moderator member is online "Mr Casavant, I've been a good boy..Xmas..could I have some diamonds..please? Gender: Posts: 2612 Re: MM's THAT GOT RAIDED YESTERDAY & TODAY « Reply #5 on: Today at 09:38am » <br> -------------------------------------------------------------------------------- Found this on another board. By: SIRIUS 08 Oct 2004, 06:25 PM EDT Msg. 59038 of 59056 (This msg. is a reply to 59037 by rezurch.) Jump to msg. # some more of this "rigged" market at work ? Report: SEC to Sanction 3 Stock Exchanges October 8, 2004, 6:11 PM EDT WASHINGTON -- Federal regulators are planning to sanction three U.S. stock exchanges for allowing trading firms to cheat investors by allegedly failing to fully enforce their rules, according to a newspaper report Friday. The Securities and Exchange Commission is negotiating settlements with the three -- the American Stock Exchange, the National Stock Exchange and the Philadelphia Stock Exchange -- and is pressuring them to investigate and possibly punish the trading firms involved, The Wall Street Journal reported. ... in part www.newsday.com/business/nationworld/ats-ap_business18oct08,0,2678262.story?coll=sns-business-headlines
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Post by fastwalker on Oct 9, 2004 19:11:24 GMT -5
;D found some more on a knite BB « NNOS Message list | Reply to msg. | Post new msg. « Older | Newer » <br>By: amtrader 09 Oct 2004, 12:22 AM EDT Msg. 109038 of 109041 Jump to msg. # according to Wes Christian of Christian, Smith, Wukoson and Jewell, who is partnering with John O'Quinn in the naked short selling lawsuits, the JagMedia case was filed independently by an associate attorney with O'Quinn, Laminack, and Pirtle, and not by O'Quinn himself, so the attorney didn't have access to the 100 person investigative and research team that O'Quinn and Christian have assembled to put together their cases. In fact, O'Quinn and Christian have a total of 20 cases currently pending, with five more scheduled to be filed in the next thirty days. According to our sources, they intend to eventually file a total of 50 to 100 lawsuits involving the naked shorting scandal. In one case, involving Nanopierce, they have won a favorable ruling to have the case tried in state court (instead of federal), and have received "favorable rulings and begun the deposition and discovery process" on another case. While the O'Quinn/Christian cases have received the most publicity, many others have begun springing up around the country. One, filed by a majority stockholder with Trident Systems, Inc., is suing the DTCC, Knight Securities, ETrade, Morgan Stanley, Waterhouse, Bear Stearns, and Goldman Sachs, claiming that they utilized the "Stock Borrow Program" to defraud stockholders of that company. Another lawsuit has been filed by NanoSignal Corp. shareholder Gary Walters against the DTCC and Knight Securities, claiming that they "shorted 447 million shares of our stock", more than double the total outstanding shares, and have failed to deliver those shares. States Getting Involved We have also confirmed that several states have opened investigations into the naked short selling scandal, including Nevada , Washington, California, Florida, and Louisiana. In fact, Louisiana has filed a criminal subpoena against Paine Webber for failure to deliver shares of Nutek, a Las Vegas, Nevada holding company. According to our sources, several other states are considering similar investigations. This is a story that just won't go away. Judging by the numerous lawsuits already filed, the steady stream still being filed, the state investigations just getting under way across the country, and the publicity certain to follow the Dateline story, this issue is picking up speed. It's just a matter of time before the real facts are revealed. For those who are involved in the massive fraud that's been perpetuated upon the stockholders of America, time is truly running "short". 09 Oct 2004, 01:23 AM EDT Msg. 109041 of 109041 Jump to msg. # Subj: AGENT WALTERS CONFIRMS te: 10/8/2004 10:18:46 PM Pacific Standard Time From: GWWGREAT To: info@faulkingtruth.com Dear Mark Faulk, we have concluded our thourgh in depth study, it seems to that all the instutional investors into nite symbol, KNIGHT TRADING GROUP LLC,has participated in shorting our stock NANOSIGNAL CORP,. SCOTT ERVIN FORMERLY AN EXECUTIVE WITH THE ROCKERFELLOWS IN NEW YORK IS THE CEO OF NNOS 702-526-5869 TELEPHONE NUMBER,WE PLAN TO SEEK OUT PROSECUTION OF NITE EXEC, DIRECTORS AND OFFICERS AND SOME IF NOT ALL NITE TRADERS AND BROKERS,we have 8,0000 names address and numbers as well as tracking on ira;s 401k 's where money came from investors etc,we would now like for O'QUINN to represent us in this matter, nite and DTC AND NDC ETC HAVE HIRED LAW FIRMS TO ATTACK ME HOWEVER PLEASE SEND ME A FAX NUMBER I WOULD LIKE TO SHOW YOU THE TIPSTERS FAX TO US THAT LED TO OUR COMPLETE INVESTIGATION THAT LED US TO CATCHING NITE AND OTHERS, KEY NOW IS TO SHOW PROOF THAT NITE LIKE OTHER SHORTERS CANNOT GIVE DELIVERY, THAT IS WHY WE ARE "MARKING THE MARKET" this is a way through a declatory dividend to flush out the screaming call of shareholders that finds out his or her money has been taken and they do not even own one share in NNOS,.Ican be reeached at 702-228-9048 or 702-765-9598, you may want to talk to Scott Ervin, and you are welcome to get in touch with DATELINE FOR WE WILL GRANT THEM A FULL INTERVIEW AND SHOW THEM THE TRUTH,.The real damage to nite is that one of there top traders will testify against them if sopheaned, we have damaging positive proof beyond any reasonable doubt now, I await to hear from you. THEY ARE CONFIRMED 447 MILLION SHARES SHORT, THEY COULD FACE MULTIPLES OF THOUSANDS IN COUNT INDICTMENTS NOW I WAS TOLD,
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Post by fastwalker on Oct 9, 2004 19:12:15 GMT -5
found this or raging bulls any comments? By: micromaniac1 09 Oct 2004, 01:49 AM EDT Msg. 588629 of 588680 Jump to msg. # An excellent & thought provoking post by Warkoa from Stervs Classroom: ** Thoughts on the Past Week ** First, let me say that some of what I am writing here is a compilation of other people's posts. I'm just attempting to put it all together and somewhat support it. I believe the original idea was Sterling's from long ago (not positive), and was mentioned today by iwin4star and wcijohn (and probably others). Please forgive me if I have missed people credit wise. It isn't intentional. Let's get on with it: Event #1: (today) There were several VERY large buys/sells going through today. I'll get into who the seller probably is later, but the buyers are likely either short market makers or U.C. (I saw the volume jump by 1.5B shares this morning at one point) Regardless, I think this is unlikely to be "normal" investors making almost a $500k transaction. Event #2: (yesterday) Kensington Resources announces a shareholder's rights plan to combat possible takeover attempts. Now, although this was essentially renewing the rights plan that had expired in June, I find it interesting that it was not renewed until yesterday. (Perhaps they got spooked?) Event #3: (Week) Massive trades on Tuesday, Wednesday, and Friday (About 44B according to Stockwatch, which by the way appears to be pretty accurate if you're bored enough to count the trade volume). I'll come back to this also. Before people say anything about not mentioning the broker divvy problems, let me say that it's not really crucial to the point I'm trying to make here as my argument really doesn't center on NSS. So, let's get down to business: Question: Where are the shares coming from? Answer: Personally (and this is just my opinion), there would seem to be only two possible scenarios here. Either U.C./CMKX is dumping shares, or someone (probably unrelated to the company) is dumping shares. (Doesn't make sense for the MM's to be shorting any more) Now, I'm not positive but I believe someone found reference to a rule stating how much of a security could be sold by insiders or the company over a given period of time (and it would have to be lower than the volume we've seen the last few days). If someone can find that again or correct me, please do so. I can't see any insiders dumping personal shares right now anyhow as they'd likely wait for the share price to rise first. If the company was dumping shares, then either the O/S is considerably less than 7.5M / 0.00000962 = ~779B shares (Over 45B shares have been dumped in the last 4 days, which is a lot more than the 21B left between the O/S and A/S would allow. This would point to either the distribution ratio changing or a percentage theory being correct), or they are dumping NSS (I'm still not sure about the legality of knowingly buying them in the first place). I really don't think either the company or insiders are dumping any kind of shares, but it is a valid exploration. If the insiders and/or company isn't dumping shares, then a very large independant shareholder/group must be. They certainly aren't coming from Nevada Minerals as their shares are restricted. So, the only reasonable explanation left is that there was in fact an attempted takeover of the company. Whether the shares of this entity were naked or not is anyone's guess (UCAD response may indicate an affirmative answer), but regardless the huge volume and selling would support the takeover having failed and the entity pulling out. It would also support the apparent sudden concern by Kensington about takeovers as the two events are essentially simultaneous. It's possible Kensington was worried they could be the next attempt. Further, this would support the idea that the O/S was raised (300B-500B, then 500B-800B) to thwart a takeover, and could point to an O/S less than 300B (I've stated I believe it to be around 250B, but I'm basing that on certain assumptions I won't get into here). Question: Where are the shares going? Answer: We know from people posting that some of the shares are going into people's personal accounts, but several very large orders have gone through which are likely indicative of either MM covering or share retirement. In particular, one order of 1.557B shares went through today at 9:51:21 and 9:51:24. These came at .0003, and represent over $460,000. As for which it is, I have no idea. Both would seem to be equally plausable. Question: Who may have attempted to take us over? Answer: Feel free to speculate for me here I will say this though. If the PR by Kensington is related to a possible failed takeover of us, then I doubt it was Debeers since Kensington and Debeers are joint venture partners. I also doubt it would be Shore Gold, as they seem to have their hands full and pockets empty exploring the Star Kimberlite. Remember, these are just my ponderings. I'm searching for the answers just like all of you are. Comments on holes / fixes would be much appreciated.
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Post by fastwalker on Oct 9, 2004 19:12:50 GMT -5
;D Magnumsinger: if anybody asks...bought much of CMKX, then decided to dump it. Thats it.
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Post by fastwalker on Oct 9, 2004 19:21:18 GMT -5
;D Some can't even get their shares, but... « Thread started on: Today at 09:20am » <br> -------------------------------------------------------------------------------- Posted by: gump90 In reply to: Cali8888 who wrote msg# 16734 Date:10/8/2004 10:33:29 PM Post #of 16748 I do not lie. I got 47 shares for my 5 million. My broker is among the best .. The Royal Bank Of Canada .. Action Direct. The problem is with the CMKX clowns and the rotten DTC. But I would say in our favor because I think it is all interlocked with the illegal share situation. I like it
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Post by fastwalker on Oct 9, 2004 19:21:54 GMT -5
;D....More Commentary along these lines.... By: stateofmine 09 Oct 2004, 05:01 PM EDT Msg. 95294 of 95325 Jump to msg. # Fishy, fishy, fishy. Several folk here have mentioned the multiple entries of stock dividends in their Etrade account. I, too, have Etrade and this morning looked to see 3 entries: 312 shares, 292 shares and 20 shares. IMO there's something going on right under our noses that we'll never know about unless R. Glenn writes the book when he retires. Remember how quickly Ameritrade and Scottrade applied the dividends to their clients' accounts? On this board everyone started reporting not receiving theirs yet from: Etrade,Citi-Trade, Schwab, TD Waterhouse, Trading Direct, Stiffel, Lowtrades, Pershing and Piper Jaffray. Since then most, I assume, have provided some sort of posting to clients' accounts. But the way Glenn had the dividends distributed, THROUGH the DTC, IMO (and how would I ever prove it?) I think some form of formal notice was presented to the perpetrators...perhaps they have not been given the actual dividends. The brokers have put "markers" in our accounts, that's all. Etrade sure is having a hard time "guessing" the amounts! Several people wrote and said their brokers hadn't rec'd the dividends. Something big took place with this distribution IMO. Glenn knows who the dirty birds are, so does the DTC. We're going to see a cover coming that will resemble some of the recent hurricanes! I'm not suggesting all of the above brokers are "dirty". Some may indeed take longer to put the dividends in accounts. But I'm leary of Etrade, Citi-Trade and Schwab and a couple of the others. And, I'm not worried at all that I won't get my dividends and be able to exercise them some day. The covering will take place. ALL JUST MY HUMBLE AND SUSPICIOUS OPINION. Conspiracy theory fodder for a slow day
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Post by fastwalker on Oct 9, 2004 19:27:30 GMT -5
;D Has anybody noticed NITE and JEFF .... « Thread started on: Today at 09:05am » <br> -------------------------------------------------------------------------------- Has anybody noticed NITE and JEFF is no longer "actively" trading CMKX. And also, I saw JEFF's ask for CMKX put onto 0.10 which is interesting.
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Post by fastwalker on Oct 9, 2004 19:28:05 GMT -5
;D FWI...FWIW... Dear Mark Faulk, we have concluded our thourgh in depth study, it seems to that all the instutional investors into nite symbol, KNIGHT TRADING GROUP LLC,has participated in shorting our stock NANOSIGNAL CORP,. SCOTT ERVIN FORMERLY AN EXECUTIVE WITH THE ROCKERFELLOWS IN NEW YORK IS THE CEO OF NNOS 702-526-5869 TELEPHONE NUMBER,WE PLAN TO SEEK OUT PROSECUTION OF NITE EXEC, DIRECTORS AND OFFICERS AND SOME IF NOT ALL NITE TRADERS AND BROKERS,we have 8,0000 names address and numbers as well as tracking on ira;s 401k 's where money came from investors etc,we would now like for O'QUINN to represent us in this matter, nite and DTC AND NDC ETC HAVE HIRED LAW FIRMS TO ATTACK ME HOWEVER PLEASE SEND ME A FAX NUMBER I WOULD LIKE TO SHOW YOU THE TIPSTERS FAX TO US THAT LED TO OUR COMPLETE INVESTIGATION THAT LED US TO CATCHING NITE AND OTHERS, KEY NOW IS TO SHOW PROOF THAT NITE LIKE OTHER SHORTERS CANNOT GIVE DELIVERY, THAT IS WHY WE ARE "MARKING THE MARKET" this is a way through a declatory dividend to flush out the screaming call of shareholders that finds out his or her money has been taken and they do not even own one share in NNOS,. I can be reeached at 702-228-9048 or 702-765-9598, you may want to talk to Scott Ervin, and you are welcome to get in touch with DATELINE FOR WE WILL GRANT THEM A FULL INTERVIEW AND SHOW THEM THE TRUTH,.The real damage to nite is that one of there top traders will testify against them if sopheaned, we have damaging positive proof beyond any reasonable doubt now, I await to hear from you. THEY ARE CONFIRMED 447 MILLION SHARES SHORT, THEY COULD FACE MULTIPLES OF THOUSANDS IN COUNT INDICTMENTS NOW I WAS TOLD, SOURCE:From: GWWGREAT To: info@faulkingtruth.com
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Post by fastwalker on Oct 9, 2004 19:31:17 GMT -5
;D.. Interesting read on NSS.... « Thread started on: Today at 09:01am » <br> -------------------------------------------------------------------------------- FYI .FWIW..COMMENTARY.................. 09 Oct 2004, 04:15 AM EDT Msg. 95115 of 95141 Jump to msg. # ***The rumored raids on the offices of several Market Makers reinforces my opinion that secretive world of Shorty is about to change forever. Why do I say this? Read the following post and follow the links to gain a better understanding of how Shorty is being attacked and who is leading the onslaught. By the time you’re finished following the links you may reach the same conclusion I did. That is, Shorty is about to go through some major pain and we are all a part of it. By the way, I originally made this post on September 4, 2004, but I think it is quite appropriate today and will be even more so in the future. It’s an updated outline of the story of Shorty’s demise ***SHORTY'S WORLD!!! After decades of operating in a cloak of absolute secrecy, the world of the naked short seller has begun to change. A series of events have combined to bring slivers of light into Shorty's dark and hidden world. For the first time in history we are seeing cracks in the facade of invincibility that has flustered many an attempt to penetrate it. Who is Shorty? He is a collection of hedge funds, naked short sellers, overseas listers such as the Berlin Stock Exchange, and the out-of-control ?Stock Borrow Program? run by the governance-conflict-laden Depository Trust and Clearing Corporation. To the amazement of the industry, as often and not, Shorty turns out to be their own regulators. A soon to be released report by DATELINE NBC has specifically identified the players as being individuals from 5 organized crime families, crooked regulators and terrorist organizations. Visit www.investigatethesec.com and sign the online petition. ______________________________________________________________________ As we speak, Shorty is being attacked on multiple and simultaneous fronts. On the LEGAL Front: 1) Anthony Elgindy was arrested after becoming ensnared in an FBI sting operation with two allegedly corrupt FBI agents. 2) The sudden bankruptcy of the Canadian Brokerage Firm which has been the headquarters for naked short selling worldwide. 3) The arrest of the CEO of the firm who was attempting to naked short sell $30 million dollars worth of three companies shares to an undercover FBI agent. 4) The public exposure of the Eligindy's, the Thomson Konaghans, the Valentine's, the thoudsands of offshore accounts, the money laundering, the tax evasion, and the links to terrorists will provide the public with a bird's eye view of Shorty's eventual destruction. _______________________________________________________________________ On the TECHNOLOGICAL Front: ---the creation of the Short Virus Scan software will allow the tracing of all suspicious transactions. Read the highlight of the article below: August 4, 2004. (FinancialWire) Charles Schwab, eTrade, Automatic Data Processing and NASDAQ are described as players, bad and good, in the new book from Austin-based 3DIntel, ?Naked Short Selling: The Illegal Hacking of the U.S. Financial System,? by Alan Lomax (http://www.thirtythumbs . com ). To complement its publication, 3DIntel said it has unveiled a new patent pending program, called The Naked Short Virus Scan, which enables US based public companies to determine their short position in their stock. ?The scan will identify in the size of short, date of occurrence, and the brokerage houses holding the short positions,? the company stated. its unique patent pending process allow them to trace the illegal trades in their shares.? The group recently brought suit against the Depository Trust and Clearing Corp. for allegedly participating in the short-selling conspiracy through its ?stock borrow? program which the attorneys say is nothing more than an illegal electronic printing press for stock certificates _______________________________________________________________________ On the REGULATORY Front: ---the Patriot act will bring forth a rash of SAR's (suspicious activity reports) when illicit behavior is observed. ---the canadian authorities have issued warnings about "know your Client" and "failure to supervise" violations by giant BCO Nesbitt.. ---the new SHO regulations that will make it more difficult ot short stocks (see below). ---the realization of the SEC that the confidence in them is at an all time low (Enron,Worldcom) ---the memories of the Bre-X mining scandal is still painful for Canadians In a June 23 release, the SEC stated it has put into place Rule 202(T), which establishes procedures to allow the Commission to temporarily suspend the operation of the current "tick" test in Rule 10a-1, and any short sale price test of any exchange or national securities association, for specified securities. Through a separate order, the Commission will suspend, on a pilot basis for a period of one-year, the tick test provision of paragraph (a) of Rule 10a-1, and any short sale price test of any exchange or national securities association, for approximately one-third of stocks in the Russell 3000 index. The order also will suspend, on a pilot basis for a period of one year, the tick test provision of paragraph (a) of Rule 10a-1 for short sales executed in any security included in the Russell 1000 index after 4:15 p.m. Eastern, and all other securities after the close of the consolidated tape, and until the open of the consolidated tape the next day. The pilot will commence on January 3, 2005 to permit broker-dealers and self-regulatory organizations to make the necessary programming adjustments. Rule 203 also imposes additional requirements on designated "threshold securities." Rule 203 defines a threshold security to mean an equity security for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and that is equal to at least 0.5% of the issue's total shares outstanding. Where a clearing agency participant has a fail to deliver position in threshold securities that persists for ten consecutive days after settlement, the participant must take action to close out the position. Until the position is closed out, the participant, and any broker-dealer for which it clears transactions, may not effect further short sales in the particular threshold security without borrowing or entering into a bona fide arrangement to borrow the security. Rule 203 will become effective 30 days after publication with a compliance date of January 3, 2005, to permit firms to make programming and procedural adjustments. MORE.....
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Post by fastwalker on Oct 9, 2004 19:32:03 GMT -5
;D... CONTINUED.... On the FINANCIAL Front: ---the defeat of the Naked Short Share machine by CMKX will cause huge losses if Shorty is indeed as heavily invested as many speculate. Some believe the UCAD dividend fiasco of "Ghost Shares: and the apparent "short squeeze on UCAD, SGGM and GEMM show that covering of the dividend is occuring. Additionally, judging by the money Shorty is spending to convince people CMKX is a scam,he is in trouble. Additionally, the impact to the offshore hedge funds, crooked market makers and assisting brokerage houses could be painful for a select crooked few. As things begin to tumble around them, I expect many of Shorty's compatriots to break ranks and begin providing authorities with the information needed to peel the next layer of the rotten onion. This ongoing flow of information is the missing piece that's frustrated all previous attempts to access the innards of Shorty's Cash Machine. --The 45,000 loyal shareholders Urban has will provide the Army that NO OTHER penny stock has ever gone to battle with. We have the potential to beome a political and financial power that cannot be ignored. That's why I expect to see several politicians at the party in Las Vegas. ---Charles Schwab & Co. recently read it decided to exit the market-making business. It is one of several market makers that have been the subject of accusations and/or legal entanglements over naked shorting allegations and issues. The company had said it is either the number one or number two market-maker in more than half of all of NASDAQ?s (OTCBB: NDAQ) listed stocks. Recently observers were surprised to find a comment letter submitted to the SEC by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed. www.sec.gov/rules/concept/s71304/charlesschwab061604.pdf . --NITE is currently undergoing a corporate restructuring and has sold some divisions to Citicorp. Some background on NITE ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=82059 ______________________________________________________________________ On the EDUCATION Front: ---the final nail in Shorty's coffin may just be the Dateline expose rumored to be released in late October. First, my thanks to gojmha from the RB boards for bringing my attention to this article Here's the link to his post: www.ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=81743 So, what bombshells could the expose contain? 1) Former Under Secretary of Commerce Robert Shapiro has reportedly told Dateline that the Illegal Shorting and stock manipulation has attributed to $500 Billion to $1 Trillion in economic losses to Investors. 2) Recently convicted individuals for securities fraud have reportedly informed Dateline of the mechanisms to the stock manipulation including the bribing of US Brokers via the use of pre-paid credit cards as well as the Bribing of Regulatory Officials empowered to protect the Investors. 3) Dateline has reportedly spoken to "Players" who have identified the Banking locations (Bahamas, Bermuda, etc?) where Offshore Hedge Funds are being used as the tool to manipulate the securities. Major US Firms are Investors in the Funds seeking quick and easy profits. 4) Dateline has reportedly been provided evidence of the 5 major US Organized Crime families being implicated in this securities fraud scandal as well as links to Terrorism leading into Saudi Arabia among other locations. 5) Finally, Dateline has reportedly spoken to ex-executives of the Depository Trust who have explained in great detail the operations of the DTCC and how that operation is helping in this fraud. The DTCC hides the level of illegal trades (settlement failures) that are the means to the stock manipulation. ********************************************************************** Everyone should contact Dateline and insist that they air the story on illegal shorting. The further education of the public is critical at this time. Here is the e-mail address: Dateline@NBC.com (Sharon Hoffman is the producer for this piece.) ********************************************************************* ______________________________________________________________________ In summary, I am encouraged that a concerted effort to trace the short sellers down has begun and seems to be progressing in an orderly, albeit, painfully slow manner. While we cannot bankrupt the credibility of our financial markets, it is nonetheless, critical that we take this opportunity to change the way Shorty operates. As I've shown above, this "confluence of negative events" is in effect creating a "Perfect Storm" that will sink Shorty's 300 foot yacht. We must push our Legislators, our Attorney General's, our Brokers and even the Television Networks to do the right thing. We have NEVER HAD the opportunity to expose Shorty before and we MUST take advantage of the favorable circumstances that have come our way. . Good Luck and it's all speculation
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Post by fastwalker on Oct 9, 2004 21:14:18 GMT -5
;D Wien Securities Corp. Changes Name to Hudson Securities, Inc. Monday September 27, 9:16 am ET JERSEY CITY, N.J., Sept 27 /PRNewswire/ -- Wien Securities Corp. today announced that it has changed its name to Hudson Securities, Inc. (HDSN). The change finalizes a transaction that closed on July 1st of this year, where a group led by Marty Cunningham, a former senior executive at Schwab Capital Markets and current Hudson Securities CEO, purchased Wien Securities Corp. Hudson Securities, Inc. makes markets in over 5000 securities, maintains its headquarters in Jersey City, N.J. and has branch offices in Boca Raton, Florida and Colorado Springs, Colorado. biz.yahoo.com/prnews/040927/nym093_1.html
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Post by fastwalker on Oct 9, 2004 21:21:58 GMT -5
;D Found this post interesting...FWIW.... Rushtrade Securities, Inc. regrets to inform you that until further notification the NITE route will not be available. Sincerely, Jonathan Handy Trading Desk
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