nalmann
DIAMOND DIGGER
EVENT DRIVEN
« Thread Started on Today at 8:42am »
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Updated. OSTK's Electronic NSS has been covered through a Settlement System which ABAD has described. (see below). imo.
Point to consider:
Dr. Patrick Byrne has Championed the NSS fight, along with many others. Whom better to be the test the new Settlement System than OSTK ?
Special thanks too
www.investigatethesec.com/ ************************************************
OSTK's NSS was covered. Here are some recent links and some DD thrown in for thought.
camrhon.proboards102.com/index.cgi?board=safe&action=display&thread=1198014830JCLINE
12/14
OEGY|OPEN ENERGY CORPORATION COM ST|U|Y|N|
OGZPY|O A O Gazprom Sponsored ADR (R|u|N|Y|
OMRP|OMNI RAIL PRODUCTS, INC. NEW|u|Y|N|
OSIR|OSIRIS THERAPEUTICS INC COM ST|G|Y|N|
OSTK|OVERSTOCK COM INC DEL|G|Y|N|
12/18
OEGY|OPEN ENERGY CORPORATION COM ST|U|Y|N|
OGZPY|O A O Gazprom Sponsored ADR (R|u|N|Y|
OMRP|OMNI RAIL PRODUCTS, INC. NEW|u|Y|N|
ONEQ|FIDELITY NASDAQ COMPOSITE INDE|G|Y|N|
OSIR|OSIRIS THERAPEUTICS INC COM ST|G|Y|N|
OXIHF|OXFORD INESTMENTS HOLDINGS INC|U|Y|N|
ftp.nasdaqtrader.com/symboldirectory/regsho/nasdaqth20071217.txt*****************************************************************
OSTK was on the NSS list December the 14th:
ftp.nasdaqtrader.com/symboldirectory/regsho/nasdaqth20071214.txt***********************************************************************
REG SHO now has the full backing of the Federal Register, effective December 5th.
Short excerpt's from the following links.
www.otcbb.com/asp/OTCE_Short_Interest.aspNASD Rule 3360 has been expanded to require FINRA member firms to report their short positions on all over-the-counter (“OTC”) equity securities to FINRA effective July 3, 2006.
Effective September 7, 2007, Rule 3360 was changed to require firms to increase the frequency of short interest reporting from monthly to semi-monthly cycles.
Note: the Publication Schedule for 2007, specifically the FIRST Reporting Cycle in December under REG SHO, Effective December the 5th.
Trade Date 12/11/07
Settlement Date 12/14/2007
Due Date 12/18/2007
Media Date 12/26/2007
Date Publication Date 12/27/2007
Also refer too
www.nasdaqtrader.com/trader/defincludes/nasdshortint_def.stmNow the Publication Schedule for 2007 and the following:
TRADE DATE: 12/11/07
SETTLEMENT DATE: 12/14/07
DISSEMENATION DATE: 12/26/07
********************************************************************************************************************* *************************
Here are some little known facts that one ALAN M. NEWMAN brought too light in August, 2005. He suggested that the Electronic Float of OSTK in the market place was 300,000 Shares or less.
DR. BYRNE CLAIMS HIS FAMILY HOLDS UPWARDS OF 7 MILLION SHARES AND ACCORDING TO THE LATEST INFORMATION WE CAN FIND, INSTITUTIONS SUPPOSEDLY NOW OWN 12.36 MILLION SHARES. THIS BRINGS US TO A VERY INTERESTING CIRCUMSTANCE. IF THERE ARE OVER 6.5 MILLION SHARES SHORTED AND ONLY 300,000 SHARES LEFT IN THE PUBLIC FLOAT (OR PERHAPS EVEN NONE), HOW CAN SHORTS EVER HOPE TO COVER THEIR POSITIONS?
IN CONCLUSION THEN, WE CANNOT OFFER ANY OPINION ON THE MERITS OF THE LAWSUIT. THAT PART OF THE EQUATION WILL SIMPLY HAVE TO PLAY OUT IN THE COURTS. THAT IS PATENTLY OBVIOUS IS THAT THE CATALYST FOR A HUGE SHORT SQUEEZE IS NOW IN PLACE.
CAVEAT VENDITOR.
ALAN M. NEWMAN, EDITOR
much more @
www.cross-currents.net/caveat.pdfNote: If a Market maker is Short 13 Consecutive Trading Days he is Not to make a market in Said Stock.
That bring us up to the recent past.
Look at the recent History (below) we see the SHORT''s position growing as December the 5th, 2007, approached. The NSS grew from 4.2 Million in October to 4.9 million in November, 2005. How Did the Market Makers Cover this short ? Did they go too OSTK for the shares ?
The shortsqueeze.com reports the following ( Information Posted Without Warranty).
November 30th, 2007
shortsqueeze.com/index.php?symbol=ostk&submit=+GO+Notice the Percentage held by Insiders is missing for November (click on the link to view)
OSTK
$ 16.27
Overstock.com Inc.
1.30
Shares Short
4,980,400
Days to Cover (Short Ratio)
11.1
Short % of Float
%
Shares Short - Prior
5,089,600
October of 2007 (recovered from an early post)
Notice the Percentage held by Insiders for October was 43.41 %, and Institutions 52.60 %
shortsqueeze.com/index.php?symbol=ostk&submit=+GO+OSTK
$38.00
Overstock.com Inc.
2.45
Shares Short
4,429,884
Days to Cover (Short Ratio)
8.9
Short % of Float
34.55 %
Shares Short - Prior
4,611,117
Short % Increase / Decrease
-3.93 %
Squeeze RankingTM
281
% from 52-Wk HIGH ( 36.58 )
3.74 %
% from 52-Wk LOW ( 13.40 )
64.74 %
% from 200-Day MA ( 19.38 )
49.00 %
% from 50-Day MA ( 21.88 )
42.42 %
Price % Change (52-Wk)
91.50 %
Trading Volume - Today
620,163
Trading Volume - Average
496,209
Trading Volume Vs. Avg.
124.98 %
Total Shares - Float
12,820,000
Total Shares - Outstanding
23,715,197
% Held by Insiders
43.41 %
% Held by Institutions
52.60 %
Market Cap
901,177,486
EPS
-3.89
PE Ratio
Sector: Services
Industry: Specialty Retail Other
SI Record Date
2007-OctB
Information Provided Without Warranty
Market Participant's, the Market Makers, were required to Cover the NSS by the Federal Government During the first Short Cycling period in December under the fully enforced REG SHO.
(For the Detractor's about CMKX being a Revoked Company I would like to refer you too the following passage referring to non-reporting companies.
www.sec.gov/rules/sro/finra/2007/34-56682.pdf 3210. Short Sale Delivery Requirements
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.)
Remember the Publication Date 12/27/2007 from
www.otcbb.com/asp/OTCE_Short_Interest.aspIt ties into the following DD by ABAD:
I'd like to draw your attention to a recent abadgoodgirl posting (which was deleted):
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=635065By: abadgoodgirl
19 Dec 2007, 03:31 PM EST
Msg. 635065 of 635228
Jump to msg. #
Published in Federal Register on January 22, 2007 and effective 12/31/07 the Board has revised its scope of those who must incorporate recommendations with no modifications for central counterparties (i.e. NSCC, an example for those of you who do not know what a central counterparty is).
Central Counterparties occupy an important place in the financial system interposing themselves between counterparties to financial transactions.
Given a Central Counterparty's position in a market, its risk management practices [or non-risk management practices as I, abgg, like to say] can have implications for the stability of the financial system and pose risks to the Federal Reserve
A range of payment and settlement systems operate in the financial markets and a failure in one or more of them could affect financial stability and expose the Federal Reserve to certain risks.
Second, the Federal Reserve is revising its scope to include central counterparties as key systems that could affect financial stability.
The Board is revising the scope to refer to "settlement systems" which can include a range of systems, including settlement systems for foreign exchange transactions, a securities settlement system, or a central counterparty (a la NSCC)
To effect this change, the Board has deleted the exemption for clearing and settlement systems for exchange-traded futures and options.~~~
HUH? What did I tell you? HUH? The Federal Reserve is totally liable because of the DTCC's settling of unmatched trades. This would be considered a NON-RISK MANAGEMENT POLICY.
DTCC's NSCC infinite lending of unauthorized shares [creating fractional shares] to settle trades while never in a million years expecting they might have to "deliver" physical stock certificates for a certain equity, which delivery was guaranteed by them. Who be on da hook?
Okay, moving on.... The 1976 Securities Processing Laws state the SEC has complete authority over settlement and clearing systems and must ensure accuracy in settlement of trades. Well, the SEC broke the law. It did not do its job.
And now, I am wondering since the SEC and the NSCC perpetuated settlement of unmatched trades with the use of the stock lending program, can be held liable for war crimes on an individual basis, since this was happening during war time. Treason. Financial terrorism of the cmkx investors, among others.. it goes on and on.
I don't believe there is any shield for employees engaged in perpetuating this practice.
They had knowledge of the practice via the letter written by the Chairman of the Board of the DTCC on June 23, 2004 and clearly failed to act. Not only did they fail to act, they continued to allow it.
GITMO for Nazareth, Considine, Saperstein, Katz, [members of senate banking committee who knew and did nothing while we were terrorized].
They better pay us our damages..thats all I have to say. They better pay damages to the cmkx stockholders and other victims of their filthy practice.
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She refers to: the Federal Register, effective 12/31/07, settlement systems, the DTCC, the Federal Reserve, and unmatched trades. Great Job ABADGOODGIRL.
What abadgoodgirl brings to light is the Process for Settlement which has the full weight of the Federal government behind it.
A lot of information has been revealed to us. It looks like 2008 is going to be a most interesting year for CMKX'ers.
This post by ABAD is still standing
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=634902In Conclusion, December the 5th was an important EVENT ?
The next EVENT is December the 31st, 2007 ?
2008 should be EVENT FILLED ?
The above is IMO ?
millionaires.proboards86.com/index.cgi?board=main&action=display&thread=1198244553