Post by soonerlew on Oct 18, 2008 14:31:30 GMT -5
Oct 18, 2008 12:00:11 GMT -5 @hundredtoone said:
By: tbo452 18 Oct 2008, 12:31 PM EDT
Msg. 772996 of 773001
(This msg. is a reply to 772988 by passinthru3.)
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Ameritrade CMKX Policy 4/25/2005...
Thank you for contacting us today regarding CMKM Diamonds Inc. (CMKX).
Due to recent events Ameritrade has decided to no longer accept opening transactions for CMKM Diamonds Inc. (CMKX) until further notice.
You can:
- Continue to hold your position in CMKX at Ameritrade.
- Request the shares issued in the form of a stock certificate. You can submit your request by using the Request Stock Certificate form on the new Website. Or, you can find this form in the Forms section, under Account. There is a $40.00 fee to request a certificate in the account name.
- Liquidate your position in CMKX (closing transactions are permitted). In order to trade out of the security the minimum price variation has been adjusted for this security from 4 decimal places to 5.
While we appreciate that other firms may have different policies concerning trading activity for this security, Ameritrade reserves the right to process orders pursuant to our own policies and guidelines. Our policies are intended to balance the needs of the client and the Firm, and to offer risk avoidance to both parties.
For more information please contact the company or transfer agent at the numbers listed below:
CMKM Diamonds Inc. 306-752-3755 www.casavantmining.com
Transfer Agent: 1st Global Stock Transfer LLC 306-656-4919.
If you have further concerns or inquiries, please reply to this message.
Sincerely,
Sonya Duerr
Apex Client Services, Ameritrade
Division of Ameritrade, Inc.
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Thank you for contacting us today concerning CMKX.
I understand your concern with the availability of trading CMKX and I appreciate your time spent during this correspondence. Up to this point, we have attempted to give you all available information regarding the matter, I apologize that you have not found this satisfactory.
As a holding company, we do provide our clients an outlet to the securities markets. This service may not be available on any and all markets and securities. Please keep in mind, according to the terms and conditions of your account we do reserve the right to refuse a security order at our discretion. This is referred to in the Trading Handbook as follows:
86. Ameritrade may, at its sole discretion, refuse any security order, and I shall not hold Ameritrade liable for any loss I may sustain due to its refusal to permit the purchase or sale of the security.
If you have additional inquiries that have not yet been addressed, we would be happy to assist you within our means. You are welcome to reply to this message if necessary.
Sincerely,
Mike Gonzales
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.
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Thank you for contacting us today regarding CMKX.
The reason for Ameritrade not to allow any further by transactions for CMKX is proprietary information. You may only sell the CMKX shares already held, keep the shares, or request a certificate for the shares.
If you have further concerns or inquiries, please reply to this message.
Sincerely,
Joy Busse
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=772996
...Flying Moose(cmkxunofficial)
By: leowanta
18 Oct 2008, 01:04 PM EDT
Msg. 773004 of 773033
(This msg. is a reply to 772996 by tbo452.)
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yes, i remember the day very well......i had called ameritrade early that day.....i was trying to learn if my money wire had made it early in the a.m.......as the rep was talking to me...i informed them i wanted to buy because i knew cmkx was naked shorted in the trillions and it was a sure winner, cause the nss had to be paid for.......... my money had not reached the account yet...that afternoon when the funds arrived, ameritrade had already "closed" all purchases of cmkx...only selling was allowed....
i shot my self in the foot by telling ameritrade the truth of it......i missed out on another 5 million shares as a result....
leowanta