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PLEASE BE CAREFUL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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My 2 cents
#1 Posted : Monday, December 20, 2010 11:51:13 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
Kaa chonjo kabisa!

This weekend I was speaking to a friend who just confided in me that ALL his shares at a reputable broker were sold without his knowledge and cashed out!

The 'reputable broker' has since agreed to refund all his money. It was obviously an inside job.

At the very minimum, please ensure to subscribe to the CDSC SMS alerts that let you know by 4.00pm every day if any activity took place in your account.

If you are a long term investor like me, you may also consider asking CDSC to FREEZE all your shares until further notice.

I wish I could name the broker but I do not want the possibility of my pants being sued off me. Just know that this broker is not one tied to a bank. But they do have aa good reputation. I have read several members in Wazua praising them.

Please please be careful.
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qw25041985
#2 Posted : Monday, December 20, 2010 11:58:21 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ My 2 cents . dnt be a dumb ass. This is an Anonymous forum .Kwani your real name is My 2 cents ???? tell us who the broker is so that we can stay clear of him.giving warnings half half doesnt help.

anyway ,advice/warning taken . Thank You.
Your future depends on your dreams so go to sleep !
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PONDI
#3 Posted : Monday, December 20, 2010 12:02:09 PM
Rank: Veteran

Joined: 5/8/2007
Posts: 885
.. aa good reputation huh? gotcha
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jerry
#4 Posted : Monday, December 20, 2010 12:11:27 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Scary but I believe the problem could be the employees which can be sorted out. It happened at D&B and the online system had to be disabled 'forever'.
The opposite of courage is not cowardice, it's conformity.
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jerry
#5 Posted : Monday, December 20, 2010 12:14:23 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
PONDI wrote:
.. aa good reputation huh? gotcha

I don't think he meant the broker is AA. It was aa! typo.
The opposite of courage is not cowardice, it's conformity.
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kadonye
#6 Posted : Monday, December 20, 2010 12:17:04 PM
Rank: Elder

Joined: 5/30/2009
Posts: 1,390
Happens with 'dormant' accounts.Staff sell your shares at a high price then buy the units for you when the price falls
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
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sheep
#7 Posted : Monday, December 20, 2010 12:24:05 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
kuna notice warning of one peris formely of suntra,hope ndio hiyo...na hii tangaza money ati security certificate has expired!!!! how safe are they kwanza na hii mambo ya online trading????
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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bartum
#8 Posted : Monday, December 20, 2010 12:29:23 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
jerry wrote:
PONDI wrote:
.. aa good reputation huh? gotcha

I don't think he meant the broker is AA. It was aa! typo.

wow my mbroker?
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TUPAC
#9 Posted : Monday, December 20, 2010 12:33:17 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
My 2 cents wrote:
Kaa chonjo kabisa!

This weekend I was speaking to a friend who just confided in me that ALL his shares at a reputable broker were sold without his knowledge and cashed out!

The 'reputable broker' has since agreed to refund all his money. It was obviously an inside job.

At the very minimum, please ensure to subscribe to the CDSC SMS alerts that let you know by 4.00pm every day if any activity took place in your account.

If you are a long term investor like me, you may also consider asking CDSC to FREEZE all your shares until further notice.

I wish I could name the broker but I do not want the possibility of my pants being sued off me. Just know that this broker is not one tied to a bank. But they do have aa good reputation. I have read several members in Wazua praising them.

Please please be careful.

@2cents what is the procedure of freezing shares@cdsc? any charges? do you freeze all shares or one is free to freeze the stock he wishes?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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mzeekijana
#10 Posted : Monday, December 20, 2010 1:31:27 PM
Rank: Member

Joined: 11/12/2010
Posts: 111
Location: MOMBASA
Sad where is Ocampo to read this? These are the gays to be taken to hague..Shame on you
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