1-30-13 SIRI Daily Thread, Lets make some Money!!!

No-one started a thread, so I figured I'd get it going. Gla today!!!

Rut-Row!!! Wrong day, Buzz how bout helping a brother out when you get a chance.

With futures in the red , I'm looking for another boring day.... unless this is the "Big One" .

Damn, the BB are tighter than Shorties A$$.:confused: Big squeeze happening. Hope it's not a Schnitzel man set up.:annoyed:

Attachment 788

Possible issue with MJNA which might be of interest to some folks here. My attempt to place a buy order this morning was disallowed due to "DTC chill restriction..........." which I researched to find the following definition:

"Owned by many financial companies including the New York Stock Exchange (NYSE), the DTC acts as a clearinghouse for stock exchange securities, settling trades in corporate and municipal securities. If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market.

Read more: http://www.investopedia.com/terms/c/...#ixzz2JTCQg5En

Quote:

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Originally Posted by denco1

Damn, the BB are tighter than Shorties A$$.:confused: Big squeeze happening. Hope it's not a Schnitzel man set up.:annoyed:

Attachment 788

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Hey denco man... interesting chart. The last 3 times the BBs got tighter like this we saw the sp appreciate substantially. Hope the trend continues.

David

So far so good holding the trend.......

Attachment 789

Quote:

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Originally Posted by yoda4x4

Hey denco man... interesting chart. The last 3 times the BBs got tighter like this we saw the sp appreciate substantially. Hope the trend continues.

David

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Yeah Yoda, we should see a nice move.....just hoping it's up. We are holding trend so far......

Quote:

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Originally Posted by siriusly_invested

Possible issue with MJNA which might be of interest to some folks here. My attempt to place a buy order this morning was disallowed due to "DTC chill restriction..........." which I researched to find the following definition:

"Owned by many financial companies including the New York Stock Exchange (NYSE), the DTC acts as a clearinghouse for stock exchange securities, settling trades in corporate and municipal securities. If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market.

Read more: http://www.investopedia.com/terms/c/...#ixzz2JTCQg5En

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SLY - I have placed an order a few days ago to buy MJNA and a friend of mine suggested that I cancel it because of the chill, which I did since he's 10x better at this stock stuff than I am.

David

Quote:

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Originally Posted by yoda4x4

SLY - I have placed an order a few days ago to buy MJNA and a friend of mine suggested that I cancel it because of the chill, which I did since he's 10x better at this stock stuff than I am.

Hey David, that's an interesting scenario. I see there have been over a Million trades today and that the sp has touched .17.......that must mean some brokerages are ignoring the chill order. I use TDA, and they flat refuse to accept my order this morning.

David

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3 more days til the CC (not including today). I don't remember it being this flat this close to the CC.