I sold 100 shares at 12:41 at market and got $1.50 (cash account held for family) to pay for share certificate processing and delivery. All the other trades at that time were $1.40 to $1.48. Go figure.

Broker said certs would take 3 to 6 weeks.

The mystery entity selling below the market and at or below $1.50 is relentless. Why? Are they on the edge? A hedge fund?

I keep hearing "rumors" about Canaccord being in trouble and remember their problems ongoing in the ABCP mess and their president openly concerned about the company's fate should it have to settle. I "wonder" if there are now desperate broker intermediaries who are on the edge via naked shorting and going for broke. I wonder if they are working ECU amongst many others. I wonder how many bank brokers and other brokers are dealing through them. I wonder what will happen if an intermediary defaults and everyone's shares are lost in a sea of debt that will take law suits and years to pursue in an attempt for any possibilityof any meagre return on losses. Brokers are off the hook here..all they did was loan out the margin account shares. I wonder just how safe cash account shares are.

I took heed to Jim Sinclair's latest exhortation today to take posession on certs....even though I am probaly going to the extreme to do it even for a non-margin account.

I wonder if I am being too cautious. Better cautious than bereft I suppose.