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Posted by Blash on December 11, 2009, 11:31 pm
† h i n k f i s h wrote on 12/11/09 10:52 PM:
> Questions Regarding Buying Halt For HESG/Health Science Group
>
> I would like to address these questions to the following Executives
> Mr. Thomas Gaffney, CEO of Health Science Group and Mr. Roger O.Riney
> Chief Executive Officer of Scottrade and Currently President of Knight
> Trading Group. If You Gentlemen would be so kind as to enlighten
> account and shareholders by answering the following questions.
>
> The Q's
> Do you believe there to be Moral Hazard or Conflicts of Interest,
> effecting those HESG shareholders with or without brokerage accounts
> at Scottrade? What are the discrepancy that have caused a buying Halt
> for many of Health Science Group Investors.?
>
> These are questions directed to Knight Capital Group, who are
> currently the Largest Market Maker's for HESG equities. Knight
> provides trade executions by offering to buy securities from, or sell
> securities to, institutions and broker dealers. In the most current
> Holding Reports, it states that Knight Capital Group has no direct
> holdings in HESG equities.....
>
> Therefore HESG shares must be borrowed or bought from other brokerages
> like Scottrade.
> My question is regarding the HESG shares that are bought and borrowed
> by NITE, while Scottrade account holders are still faced with a buying
> halt. Are some of these shares then used for shorting the same shares
> they have just borrowed from?
>
> I'd Like To Thank You Gentlemen, Ahead of Time..... From All HESG
> Shareholders.
>
> May We Find Good Luck, & Peace.
>
> God Bless.
>
> I.C.Stockwell
> aka † h i n k f i s h
>
>
>
>
>
>
>
>
>
> FORM 13F-HR (Form 13F Holdings Report)
>
> http://idc.api.edgar-online.com/efx_dll/edgarpro.dll?FetchFilingConvPDF1?Sessi
> onID=-WCnWoc5o6bCxfS&ID=6889529
>
>
> "iHub quote: ANSWER TO BUYING HALT....I just called someone I know
> works for NITE. He said brokerage hours are being approached by seven
> market makers to hold back buy orders due to a parabolic shortage of
> shares and three of the MM's are in trouble with massive naked short
> positions "Unable to deliver regulation T SHO trades". He said when
> the share retirement was announced, HESG was in deep more than 10X
> it's O/S in shorted shares. The retirement, pushed the O/S down to 200
> million shares, currently available for trading. This is why the stock
> price has not gone up. They are trying to cover this massive short
> position before it gets completely out of control. He said the stock
> price should be at 10 cents right now based on the order imbalance on
> the buy side that has been in place for 8 trading days. HOLY SHIT.
> Management is aware of the issue and have conveyed significant news to
> be released next week. 200 million shares are presently available for
> trading. 13.6 billion shares need to be bought to cover the short
> position."
>
>
> Current Info/Data/Links
> 12/11/2009
> Market Maker
> Knight Equity Markets, LP
>
> Volume
> $41,337,268
>
> Share Volume
> 1,082,117,649
>
> #Trades
> 13,306
>
> As a market maker operating in National Association of Securities
> Dealers Automated Quotation (NASDAQ), the over-the-counter (OTC)
> market for New York Stock Exchange (NYSE) and American Stock Exchange
> (AMEX)-listed securities, and the OTC Bulletin Board, Knight provides
> trade executions by offering to buy securities from, or sell
> securities to, institutions and broker dealers. When acting as
> principal, the Company commits its own capital and derives revenues
> from the difference between the price paid, when securities are bought
> and the price received when those securities are sold. Knight also
> provides trade executions on an agency or riskless principal basis,
> generating commissions or commission equivalents, respectively.
>
>
> Knight Capital Group, Inc.(NasdaqGS: NITE)
> http://www.knight.com
>
> FULL DESCRIPTIONKnight Capital Group, Inc. (Knight) is a financial
> services firm that provides electronic and voice trade execution
> services to the capital markets across multiple asset classes for buy-
> side, sell-side and corporate clients, and asset management for
> institutions and private clients. The Company has three operating
> segments: Global Markets, Asset Management and Corporate. It operates
> the Asset Management business through its subsidiary Deephaven Capital
> Management LLC (Deephaven Holdings). The Company's Global Markets
> business provides market access and trade execution services in a
> number of international securities, futures, options, foreign
> currencies and fixed income. Deephaven is a global multi-strategy
> alternative investment manager focused on delivering risk-adjusted
> returns with low correlation to the broader markets for institutions
> and private clients. During the year ended December 31, 2008,
> Deephaven had $2.0 billion in assets under management. On January 15,
> 2008, the Company completed the acquisition of EdgeTrade Inc. In July
> 2008, the Company completed the acquisition of Libertas Holdings,
> LLC.Global MarketsKnight provides market access and trade execution
> services in United States equity security and a number of
> international securities, futures, options, foreign exchange and fixed
> income. It offers trade executions through natural liquidity, capital
> facilitation and trading technology, with products and services that
> support alpha creation and capital formation. As a market maker
> operating in National Association of Securities Dealers Automated
> Quotation (NASDAQ), the over-the-counter (OTC) market for New York
> Stock Exchange (NYSE) and American Stock Exchange (AMEX)-listed
> securities, and the OTC Bulletin Board, Knight provides trade
> executions by offering to buy securities from, or sell securities to,
> institutions and broker dealers. When acting as principal, the Company
> commits its own capital and derives revenues from the difference
> between the price paid, when securities are bought and the price
> received when those securities are sold. Knight also provides trade
> executions on an agency or riskless principal basis, generating
> commissions or commission equivalents, respectively.The Company’s
> domestic Global Markets activities are primarily transacted out of
> five subsidiaries: Knight Equity Markets, L.P. (KEM), Knight Capital
> Markets LLC (KCM), Direct Trading Institutional, L.P. (Direct
> Trading), Hotspot FX, Inc. and its subsidiaries (Hotspot) and Knight
> BondPoint, Inc. (Knight BondPoint, formerly known as ValuBond
> Securities, Inc.). KEM, KCM, Direct Trading, Direct Edge and Knight
> BondPoint are broker-dealers registered with the Securities and
> Exchange Commission (SEC) and are members of the Financial Industry
> Regulatory Authority (FINRA), formerly known as the National
> Association of Security Dealers (NASD). Knight BondPoint is also
> registered with the Municipal Securities Rulemaking Board (MSRB). The
> Company’s international Global Markets activities are primarily
> operated through Knight Equity Markets International Limited (KEMIL),
> a United Kingdom-based registered broker-dealer authorized and
> regulated by the Financial Services Authority (FSA) that provides
> execution services for predominately European institutional and broker-
> dealer clients in the United States, European and international
> equities.Within Global Markets, the Company offers products and
> provides services via electronic and voice access points primarily to
> two main client groups: broker-dealers (sell-side) and institutions
> (buy-side). Its broker-dealer clients primarily include global,
> national and regional broker-dealers and online brokers. Its
> institutional clients primarily include mutual funds, pension plans,
> plan sponsors, hedge funds, trusts and endowments. The Company’s
> institutional clients (which include its direct market access, soft
> dollar and commission recapture clients) and its broker-dealer clients
> (which include its Direct Edge ECN clients) generated approximately
> 50% of the Company’s Global Markets revenues in 2008.Knight offers to
> its buy-side clients unbundled trade execution services covering the
> depth and breadth of the market. Its institutional products include
> equity, futures, options and foreign currency trade execution
> solutions, block trading, program trading, international equities,
> special situations/risk arbitrage, soft dollar and commission
> recapture programs (Donaldson), corporate access services, direct
> market access through Knight Direct EMS, internal crossing networks
> through its Knight Match product and algorithms through
> EdgeTrade.Asset ManagementDeephaven is the investment manager and
> sponsor of certain private, unregistered funds commonly referred to as
> hedge funds (the Deephaven Funds). Deephaven also has businesses in
> London and Hong Kong. Deephaven earns fees from managing the Deephaven
> Funds, which consist of management fees, calculated as fixed
> percentages of assets under management, and incentive fees, which, in
> general, are calculated as a percentage of the funds annual profits,
> if any. Investors in the Deephaven Funds include banks, insurance
> companies, funds-of-hedge funds, corporate and public pension plan
> sponsors, trusts, endowments and private clients.As of December 31,
> 2008, approximately 61% of the Deephaven Funds assets under management
> were in the Global Multi-Strategy Fund (GMS Fund), formerly known as
> the Deephaven Market Neutral Fund. Within the GMS Fund, Deephaven
> generally employs a variety of investment strategies, including
> volatility-driven, fundamental equity, event-driven, credit-driven and
> global relative value macro/fixed income strategies, among others.
> There is no material limitation on the types of investment strategies
> that may be employed by the GMS Fund. As of December 31, 2008, the
> Deephaven Event Fund (Event Fund) held approximately 35% of the
> Deephaven Fund’s assets under management. Deephaven also manages other
> single-strategy funds, as well as several separately managed accounts
> for institutional investors.
>
> Cannabis INVEST...A Joint Research Group -
> http://groups.google.com/group/cannabis-invest
I doubt of any officers of Health Science Group (HSEG) or anyone with an IQ
above Chicagos' temperature (18º) follow this crap ($0.0007/sh.) in this
N/G....
What is this statement supposed to mean <<Do you believe there to be Moral
Hazard or Conflicts of Interest, effecting those HESG shareholders with or
without brokerage accounts at Scottrade?>>
Even if you have a million shares, you're talking about $700.......
Why don't you just sell this dog, take your tax loss, go to Atlantic City
put it the proceeds on the "00" to end your misery........
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