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CC Advertisers
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02-01-2008, 06:25 AM
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CC Member
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Join Date: Sep 2002
Location: Tucson,
AZ
Cobra Make, Engine: ERA 427" 351W
Posts: 562
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Not Ranked
Thanks, I hadn't thought of that!
__________________
Al W.
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02-01-2008, 06:26 AM
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Canadian Gashole
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Join Date: Mar 1999
Location: Quebec, Canada,
QC
Cobra Make, Engine: Johnex 427 S/C, 351W, 472 HP, 444 lbs. torque
Posts: 2,455
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Not Ranked
That is a very interesting article. So do I now have a $helby Cobra replica? This is getting complicated.  Has anyone made $helby T shirts yet? 
Wayne
__________________
Don't get caught dead, sitting on your seat belt.
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02-01-2008, 06:44 AM
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Renegade Nuns on Wheels
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Join Date: Aug 2001
Location: columbus,
Oh
Cobra Make, Engine: Unique 427 roadster with 351C-4B
Posts: 5,129
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Not Ranked
Didn't even realize they had stock... none in my portfolio.
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02-01-2008, 08:58 AM
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CC Member
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Join Date: Dec 2004
Location: Phoenix,
AZ
Cobra Make, Engine: CSX 2252 sold 3-08, 1986 AC Cobra MK IV #185
Posts: 360
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Not Ranked
Amy B., thank you for telling us what is "real "or not on information someone has heard. I (we) need some true facts about anything that goes on in the Shelby world today. Wish you would post more often, the SAAC vs. Shelby stuff going on is hurtful to all involved, including enthusiasts not involved.
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02-01-2008, 08:59 AM
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Senior Club Cobra Member
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Join Date: Jan 1999
Location: MARKSVILLE,LA.,,
Posts: 3,235
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Not Ranked
Quote:
Originally Posted by rdorman
Didn't even realize they had stock... none in my portfolio.
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And for a very good reason.........keep it that way!!!!!!!!!!!
David
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DAVID GAGNARD
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02-01-2008, 09:25 AM
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Senior Club Cobra Member
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Join Date: Oct 2006
Location: Orange Park,
FL.
Cobra Make, Engine: n/a
Posts: 1,596
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Not Ranked
Must be that Amy is lurking here constantly, and I would too if her job was mine. Boy am I glad it's not my job....what a mess. She does always seem to job in at a convenient time to save the name Shelby. That must be a 24/7/365 job
__________________
20mph is not fast, unless you are doing it in a 3/2, 1000sq. ft. house on 10 ft. waves! 
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02-01-2008, 10:37 AM
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CC Member
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Join Date: Mar 2006
Cobra Make, Engine:
Posts: 160
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Not Ranked
Quote:
Originally Posted by Old Phart
Amy B., thank you for telling us what is "real "or not on information someone has heard. I (we) need some true facts about anything that goes on in the Shelby world today. Wish you would post more often, the SAAC vs. Shelby stuff going on is hurtful to all involved, including enthusiasts not involved.
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Thank you, I agree, I try to only post when asked a question or if the information being posted is incorrect and I have better info. I don't want to get into the Shelby /Saac issue. It isn't my place to post regardless of what others think.
If I can help, Do not hesitate to post or email me, I check this site at least once a week, sometimes more when Shelby is in the news.
Amy
Amyb@shelbyautos.com |
02-01-2008, 10:42 AM
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CC Member
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Join Date: Mar 2006
Cobra Make, Engine:
Posts: 160
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Not Ranked
Quote:
Originally Posted by imagine2frolic
Must be that Amy is lurking here constantly, and I would too if her job was mine. Boy am I glad it's not my job....what a mess. She does always seem to job in at a convenient time to save the name Shelby. That must be a 24/7/365 job
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LOL, I do lurk and read, This site has a lot of info other sites don't. I don't always mean to jump in for a save, I was really just trying to give real info on the stock, as some don't even know there is stock. On other issues, I just think there is a lot of wrong info, but defending is not what I want to do as people will make decisions regardless of what I post.
Thanks
Amy |
09-26-2021, 05:05 PM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,457
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Not Ranked
We got a letter from Schwab this week that cites newly created SEC rule 15c2-11 that states that:
After the close of regular trading on August 31,2021, new opening orders will not be permitted for securities that trade on the OTC markets that have not met SEC financial disclosure requirements. Closing orders for these securities will be accepted, subject to market maker participation and availability of quotes.
There are others sections but this one particularly called out CSBI in the letter.
This means that you can't buy Shelby stock any more. You can sell it, provided you can find someone to buy it that somehow isn't affected by the buy restrictions...
__________________
Cheers,
Tony
CSX4005LA
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09-27-2021, 12:03 PM
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Abnormal CC Member
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Join Date: Jan 2005
Location: Pottstown (East Coventry),
PA
Cobra Make, Engine: Don't think I'll be getting a Cobra for a long time... Do have '94 RX-7 R2.
Posts: 2,316
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Not Ranked
Quote:
Originally Posted by twobjshelbys
We got a letter from Schwab this week that cites newly created SEC rule 15c2-11 that states that:
After the close of regular trading on August 31,2021, new opening orders will not be permitted for securities that trade on the OTC markets that have not met SEC financial disclosure requirements. Closing orders for these securities will be accepted, subject to market maker participation and availability of quotes.
There are others sections but this one particularly called out CSBI in the letter.
This means that you can't buy Shelby stock any more. You can sell it, provided you can find someone to buy it that somehow isn't affected by the buy restrictions...
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I don't own any CSBI, but I went to one of my TD Ameritrade accounts and it looks like it will let me put in a buy order. I got as far as reviewing the order, but did not hit send to see if it would actually go through. So perhaps Schwab will not let you buy it, but others will. |
12-31-2021, 10:48 AM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,457
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Not Ranked
Quote:
Originally Posted by 1ntCobra
I don't own any CSBI, but I went to one of my TD Ameritrade accounts and it looks like it will let me put in a buy order. I got as far as reviewing the order, but did not hit send to see if it would actually go through. So perhaps Schwab will not let you buy it, but others will.
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It is possible that the restriction is a Schwab policy and that TD Ameritrade has a different corporate policy on delisted shares. It would be odd though since TD is now owned by Schwab.
In any case, I took the loss on the books today. Sold 1900 @ .0011 for a whopping 2.09. Schwab apparently "absorbs" 0-value shares even if they can't find a buyer so the sell is official for tax purposes.
__________________
Cheers,
Tony
CSX4005LA
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