Saturday, March 23, 2019

The CETC Situation: A Short Seller's Nightmare

Looks like I am in another unusual situation that is costing me money. I seem to have a knack for finding myself in these spots. And yet again I am the lucky one who gets to be the torchbearer for the cause. Let's get started.

What is the situation with CETC?
Let's first start off with defining the company. Hongli Clean Energy Technology Corp (CETC) is a Chinese reverse-merger companythese are usually pretty sketchy companies at best and outright scams at worst (see the documentary The China Hustle). They used to be known as SinoCoking Coal and Coke Chemical Industires (SCOK). I remember way back in the day SCOK trading from $5 to $45. These companies used to attract all kinds of speculative fervor until they were exposed by Muddy Waters and other short sellers, and then it died down. But I digress.

CETC was experiencing a few problems at the time:

  1. The company was non-compliant with NASDAQ listing regulations
  2. The company hadn't filed its 2016 10-K in a timely fashion
  3. The company had changed its independent auditor
Needless to say, these are not the hallmarks of a well-run, profitable enterprise.

Now let's talk markets. On April 7th 2017, CETC's stock price spiked over 100% intraday without any news. 


Traders, including myself, shorted the stock, betting the price would eventually go back down. Junk stocks that spike for no reason happen all the time and they usually do come back down.

At 12:15:58 Eastern Time, the price stopped moving. The Nasdaq had halted the stock for an "additional information request". These exchange halts are often to a response to unexplained speculative activity in "risky stocks". On the same day, the Nasdaq sent a Determination letter notifying the company of 1) the intent to delist the stock from the Nasdaq Capital Market and 2) the indefinite suspension of the trading of the company's stock due to its failure to comply with Nasdaq Listing Rule 5250cthe requirement to file timely financial reports with the SEC.

On October 6th 2017, CETC's common shares were officially delisted from the Nasdaq. It was removed from Nasdaq's official trade halts page and is no longer considered a halted security.

The stock currently has no market. There is no way to close out a long or short position on the stock. The stock just exists in this weird limbo right now. It's just a piece of paper that cannot be exchanged for anything. 

So what is the problem?
The problem for short sellers is two fold.

1) With no market, there is no way to close out the security. Your money is tied up indefinitely due to the lack of a proper liquidation process.
2) Most (but not all) short sellers are on the hook for the short loan interest on the stock. You're effectively paying interest indefinitely on a security that no longer exists.

I have 6792 shares short of CETC. $33,960 in cash has been held as collateral for the position. I have since withdrawn the rest of the money and shut down all trading activity on the account. I guess the account isn't truly closed as long as this position exists on paper and I am still receiving statements.

I am getting charged almost $700 every single month in interest. 


This situation has existed before and was covered by Bloomberg's Matt Levine in this article:


What broker is my position on?
Centerpoint Securities, clearing via ETC or Electronic Transaction Corporation

Some traders are understandably frustrated with how these two parties have handled the situation. Having been a customer at Centerpoint since 2013, I'd like to think they are making a good faith effort towards rectifying this situation. I had an issue with them when LFIN was halted last year. I was short deep-ITM call options, the position was exercised (and thus my short call turned into a short stock position) without a proper update on my platform blotter, and I was on the hook for a very steep interest rate when the stock was halted. I wrote them a letter and they made good on the interest amount in question, as a gesture of good will. I don't know management well but their support team has always been prompt, professional, and respectful.

However, I cannot vouch for ETC. I don't really know what's going on them or what their internal policy is. Centerpoint has been going back and forth with ETC for me like a game of telephone. Here is what I do know:
  1. They are partnered with brokerages that are popular among retail short sellers, such as Centerpoint, SureTrader and TradeZero. They have often been able to secure near unlimited short borrow on low float  micro-caps stocks such as CETC and numerous others. Larger firms like Interactive Brokers, E*Trade, and Wedbush aren't able (or willing?) to do it as consistently as they do. I don't know what their methods are. 
  2. A couple years ago, Centerpoint enforced a number of trading restrictions on all ETC accountsmost notable being that all positions had to be closed out before the end of the day (no overnight positions). They said that these changes were in response in the firm's troubled balance sheet. You can read the e-mails in question here and here.
Draw your own conclusions.

You said "not all" traders in the same short are being charged interest. Who are these traders?
One trader who is clearing via Goldman Sachs. The prop firm I used to trade for clears through Goldman Sachs and I can confirm that they did not charge any traders for the period in which WINS was halted. How Goldman has the leeway to not charge interest while other firms do not, or whether they have only done this as a courtesy for relationship management purposesI cannot answer.


There is another trader who is short a small position at a different broker that also clears through ETC. I have asked him to show activity statements to corroborate and he has. I don't know if this is a mistake or by design and at the moment I cannot explain this discrepancy. I am currently trying to contact this firm so hopefully I can provide an update here.

I will also add that traders at T3, Vision Financial, and Cobra Trades who are in the same position are also being charged indefinitely.

Who is the money going to?
The money is supposed to go to shareholders who are loaning out the stock. I think some percentage of the interest goes to the clearing firm that cleared the stock borrow, but I'm not 100% sure on that. I'm trying to get more color on this.

(Update: my broker has told me none of the money goes to them or the clearing firm)

What's going to happen when your balance goes to zero? Will you still be charged?
To me, this is a scary unknown. My broker has not clarified what exactly will happen when the interest finally drains my account equity to 0. If some party is willing to go after me at that point... well I don't even want to think about it.

Why can't the broker just find a corresponding long position willing to match his position with your short position at a mutually agreed upon price?
This is a common suggestion and one of the first solutions I initially suggested when this happened. Here is the answer from my broker's representative:

You can't cross the position out because since its halted you cant put prints on the tape.

Traders at Interactive Brokers may want to look into the Special Position Liquidation Agreement, as it was explained to me they have a mechanism to match positions in these unique circumstances.


Why won't ETC mark the position to 0 like Goldman did?
Here is the answer from my broker:

It's currently not being marked to 0 because the DTCC has not made it ineligible.

Why can't the DTCC make it ineligible?
Here is the answer from my broker:

FINRA was contacted and indicated we should work with DTCC.  As you can see, DTCC is looking into this. In the past DTCC was not able to deem it worthless since the security has a Transfer Agent.  

Why can't the Transfer Agent simply withdraw his services?
Here is the answer from my broker:

ETC is saying because they also have the longs, the agent has an obligation on that side as well, and long holders still know the last price as 4.64

The Transfer Agent on CETC is Interwest Transfer Company, Inc, who has since been acquired by Issuer Direct

Can you move your position to another firm that doesn't charge interest?
Moving the position is possible. Finding a firm willing to do this out of the kindness of their heart is another issue. Opening an account with Goldman Sachs, if they would even agree to any of this, would likely come with an expectation of future business and a high minimum deposit.

My broker said this has been done before and the trader ended up being charged simultaneously at two firms because the actual borrow could not move over the booksso that's a risk as well.

Are there any legal options?
There is a class action lawsuit spearheaded by Rosen Securities. One trader reached out to them and indicated to me they weren't much help. Unfortunately a lot of these lawsuits are ultimately just for lead generation rather than a serious pursuit.


Some people have suggest some kind of FINRA arbitration. Some have suggested suing one of the regulatory agencies like Nasdaq. I don't know how viable these options are. I plan on speaking to a securities lawyer soon.

Suing management directly would be difficult. To make a claim, you must serve with process, which is close to impossible if they are in another country.

Why can't they just list CETC on the Pink Sheets or Gray Sheets, like they did other worthless fraud Chinese companies?
I think CETC's management has to file the proper paperwork for that to happen and they basically disappeared. They don't seem to care about having an exit for their worthless securities, even if it would end up being pennies on the dollar.

It is possible this is all a nefarious scheme specifically designed to milk short borrow fees in perpetuity but so far I have no evidence to corroborate this theory. The simpler explanation is that weird unintended consequences just happen in our complex world and nobody knows what to do or who is supposed to handle it.

I need more color on this issue and hopefully can find an update soon.

Does the SEC have any role in this?
On September 18th 2018, the SEC issued an Order Instituting Proceedings against CETC and 2 other companies. There is supposed be an imminent update on these proceedings. I don't know if these proceedings will fix this issue, it seems to be a punitive order against the companies themselves.

Why is this allowed to happen?
This seems to be an issue that needs systemic reform. Nobody seems to know what to do or how to implement a fair solution. One party passes the buck to another and we spin in circles. There used to be something called a Worthless Securities Working Group, with the purpose of achieving reform on this issue, but it has since disbanded.

Right now it feels bleak because it's hard to visualize what the actual solution is supposed to be. It will take some patience. But it's somewhat encouraging to see all these traders come out of the woodwork and share whatever they can with me. The first step is putting the problem out there for everyone to see.

Unfortunately that's all I have for now. I will update this when there's new information.

28 comments:

  1. I appreciate you put this case for everybody to collaborate with. I hope I get to see the still best potential scenario as outcome.

    ReplyDelete
    Replies
    1. Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whataspp number is +22999290178

      Delete
    2. Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whataspp number is +22999290178
























      Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whataspp number is +22999290178

      Delete
    3. investing in oil and gas has and is still making a lot of people " very RICH". Investors in oil and gas are getting rich daily. All you need is a secured and certified strategy that will keep your invested capital safe by opting out with no withdrawer crunch. A considerable number of investors worldwide have seen gains of 75,063%, personally I have made over 600%. For example I started investing with $1,000 and I made $3,000, $3,500- $5,000 weekly. Last year at the start of the year, I increased my invested capital to $10,000 and I made approximately $105,000 before the end of year. I've never seen profit opportunities like this before in any market even when other traders complain of losses. Now for the doubters, not only is it possible, it's actually happening right now. All you need is a good and secured strategy, a good investment platform, Appetite and market conditions. Incase you are interested in venturing into investing or perhaps you are trading and has been losing, feel free to contact total companyat E-mail: total.company@aol.com I will
      be sure to guide and assist you.

      Delete
  2. I read it too. Keep us updated. You sound like like a very educated man.

    ReplyDelete
  3. Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whataspp number is +22999290178

    ReplyDelete
  4. Your page is knowledgeable. Get Two Days free trial in mcx tips

    ReplyDelete
  5. We are providing you Best services in Commodity Market. Go for 2days free trial in NCDEX Tips

    ReplyDelete

  6. STOCK EXCHANGE GENIUS AND VERY BRAVE CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! HE GET IT RIGHT ON WORLDWIDE STOCKS, CURRENCIES & COMMODITIES ALWAYS! ABOUT 5000 PREDICTIONS ON INTERNET SINCE 9.2007: 5000 SUCCESS! 100% SHOCKING WINNING SCORE!!! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! ADVANCED IN EXTREMELY PERFECT WAY THE CONTINUOUS WALL STREET CRASH OF 1987 ( AND HE WAS, MORE OR LESS, JUST 20, AT THE TIME)! AS THE ONE OF 2007, 2008 AND BEGINNING OF 2009 WITH "JUST" 1 AND HALF YEAR OF INCREDIBLY WINNING FORETASTE! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)!AVDANCED IN EXTREMELY PERFECT WAY, THEN, THE MORE OF DOUBLING OF WALL STREET, SINCE 3.2009! HE PROPHESIED ALL THIS ON INTERNET, AGAIN, WITH MONTHS AND MONTHS AND MONTHS IN ADVANCE! ALL AT FANTASTIC LIGHT OF SUNSHINE!!! ALL PROVABLE AND VISIBLE STILL NOW!!! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! WAS "ONE OF THE NUMBER ONES" OF ITALIAN STOCK EXCHANGE, IN THE 90S, PRODUCING OVER 10 MILIONS OF EUROS OF COMMISSIONS OF THE 90S ( SO, 15 MILIONS OF NOW), FROM BELOW ZERO: WAS THE ABSOLUTE IDOL OF GOLDMAN SACHS, MERRILL LYNCH, AND NEARLY ANY "FOR GOOD" INVESTMENT BANK IN THE WORLD! THAT'S WHY EVERYONE WAS GIVING HIM AND STILL GIVE HIM THE NICK OF KING MIDAS! INGENIOUS HERO MICHELE NISTA HAS A GREAT HEART TOO, "NOT JUST" A SORT OF INVINCIBLE INTUITION! HE DEDICATES, SINCE HE WAS 17, ALL HIS GIFTS OF HEAVEN HE HAS TO POOREST PEOPLE IN THE WORLD, VOLUNTEERING AND NOT ONLY, FOR MANY ORGANIZATIONS SAVING OR IMPROVING SUFFERING LIVES IN LATIN AMERICA AND AFRICA. HE IS CERTAINLY A CIVIL INCORRUPTIBLE HERO TOO! IN THE LAST 21 YEARS, IN MILAN, WAS THE MOST TENACIOUS MAN HUNTING TO DESTROY THE ASSASSIN DICTATORSHIP OF MAFIOSO, MEGA MAFIA MONEY LAUNDERER, EXTREME NAZIFASCIST, LIAR, MEGA THIEF, CORRUPTING PIG, PRINCIPAL OF HUNDREDS OF MURDERS AND SLAUGHTERS, VERY ASCERTAINED PEDOPHILE SILVIO BERLUSCONI! FOR ALL THIS, THERE WERE FOUR ATTEMPTS OF KILLING HIM, ORDERED BY BASTARD SANGUINARY, AS WELL AS METASTASES OF THE ENTIRE WORLD: SILVIO BERLUSCONI!!! AND HIS FATHER LOST LIFE ON ORDER OF NAZIFASCIST AND COSA NOSTRA'S BRUTAL, VICIOUS, CRUEL, FEROCIOUS PRINCIPAL OF KILLING SILVIO BERLUSCONI ( MAKING SHREWDLY TO PASS, VIA HIS PRIVATE OR PUBLIC NEW "OVRA, GESTAPO AND DINA" AL HIS ABSOLUTE REPELLENT HINDREDS OF HOMICIDES FOR FALSE ACCIDENTS, FALSE SUICIDES, FALSE ILLNESS, ALL THE TIMES)! AS A MATTER OF FACT, GENIUS, KING MIDAS, DEMOCRAT HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007) " DECIDED TO EMIGRATE" TO LONDON, ON 2003, TO REMAIN ALIVE!! BUT GOD, IF HE'LL CONTINUE TO DESERVE SO, WILL MAKE HIM WIN!!! GROUP OF FRIENDS AND CLIENTS, EXTREMELY GRATEFUL TO THIS KING MIDAS, TO THIS INGENIOUS AND CIVIL HERO OF OUR TIMES (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)!

    ReplyDelete

  7. STOCK EXCHANGE GENIUS AND VERY BRAVE CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! HE GET IT RIGHT ON WORLDWIDE STOCKS, CURRENCIES & COMMODITIES ALWAYS! ABOUT 5000 PREDICTIONS ON INTERNET SINCE 9.2007: 5000 SUCCESS! 100% SHOCKING WINNING SCORE!!! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! ADVANCED IN EXTREMELY PERFECT WAY THE CONTINUOUS WALL STREET CRASH OF 1987 ( AND HE WAS, MORE OR LESS, JUST 20, AT THE TIME)! AS THE ONE OF 2007, 2008 AND BEGINNING OF 2009 WITH "JUST" 1 AND HALF YEAR OF INCREDIBLY WINNING FORETASTE! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)!AVDANCED IN EXTREMELY PERFECT WAY, THEN, THE MORE OF DOUBLING OF WALL STREET, SINCE 3.2009! HE PROPHESIED ALL THIS ON INTERNET, AGAIN, WITH MONTHS AND MONTHS AND MONTHS IN ADVANCE! ALL AT FANTASTIC LIGHT OF SUNSHINE!!! ALL PROVABLE AND VISIBLE STILL NOW!!! GENIUS, KING MIDAS, CIVIL HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)! WAS "ONE OF THE NUMBER ONES" OF ITALIAN STOCK EXCHANGE, IN THE 90S, PRODUCING OVER 10 MILIONS OF EUROS OF COMMISSIONS OF THE 90S ( SO, 15 MILIONS OF NOW), FROM BELOW ZERO: WAS THE ABSOLUTE IDOL OF GOLDMAN SACHS, MERRILL LYNCH, AND NEARLY ANY "FOR GOOD" INVESTMENT BANK IN THE WORLD! THAT'S WHY EVERYONE WAS GIVING HIM AND STILL GIVE HIM THE NICK OF KING MIDAS! INGENIOUS HERO MICHELE NISTA HAS A GREAT HEART TOO, "NOT JUST" A SORT OF INVINCIBLE INTUITION! HE DEDICATES, SINCE HE WAS 17, ALL HIS GIFTS OF HEAVEN HE HAS TO POOREST PEOPLE IN THE WORLD, VOLUNTEERING AND NOT ONLY, FOR MANY ORGANIZATIONS SAVING OR IMPROVING SUFFERING LIVES IN LATIN AMERICA AND AFRICA. HE IS CERTAINLY A CIVIL INCORRUPTIBLE HERO TOO! IN THE LAST 21 YEARS, IN MILAN, WAS THE MOST TENACIOUS MAN HUNTING TO DESTROY THE ASSASSIN DICTATORSHIP OF MAFIOSO, MEGA MAFIA MONEY LAUNDERER, EXTREME NAZIFASCIST, LIAR, MEGA THIEF, CORRUPTING PIG, PRINCIPAL OF HUNDREDS OF MURDERS AND SLAUGHTERS, VERY ASCERTAINED PEDOPHILE SILVIO BERLUSCONI! FOR ALL THIS, THERE WERE FOUR ATTEMPTS OF KILLING HIM, ORDERED BY BASTARD SANGUINARY, AS WELL AS METASTASES OF THE ENTIRE WORLD: SILVIO BERLUSCONI!!! AND HIS FATHER LOST LIFE ON ORDER OF NAZIFASCIST AND COSA NOSTRA'S BRUTAL, VICIOUS, CRUEL, FEROCIOUS PRINCIPAL OF KILLING SILVIO BERLUSCONI ( MAKING SHREWDLY TO PASS, VIA HIS PRIVATE OR PUBLIC NEW "OVRA, GESTAPO AND DINA" AL HIS ABSOLUTE REPELLENT HINDREDS OF HOMICIDES FOR FALSE ACCIDENTS, FALSE SUICIDES, FALSE ILLNESS, ALL THE TIMES)! AS A MATTER OF FACT, GENIUS, KING MIDAS, DEMOCRAT HERO MICHELE NISTA (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007) " DECIDED TO EMIGRATE" TO LONDON, ON 2003, TO REMAIN ALIVE!! BUT GOD, IF HE'LL CONTINUE TO DESERVE SO, WILL MAKE HIM WIN!!! GROUP OF FRIENDS AND CLIENTS, EXTREMELY GRATEFUL TO THIS KING MIDAS, TO THIS INGENIOUS AND CIVIL HERO OF OUR TIMES (MICHELENISTA6@MAIL.COM PH NR + 44 (0) 7939508007)!

    ReplyDelete
  8. We are the world best leading online newspaper portal. You all are the most welcome in our newspaper.If you want to get regular newslatter from our newspaper, please go home page science news and click the below subscribe button.

    World News :
    View CNN world news tonight for international news and videos from Europe, Asia, Africa, the Middle East and the Americas. Visit CNN News for up-to-the-minute news, breaking news, video, audio and feature stories.

    Politics News :
    Politics at CNN has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more. What You Need To Know About politics news article .

    Sports News :
    Latest sports news nba from around the world with in-depth analysis, features, photos and videos covering football, tennis, motorsport, golf, rugby, sailing, skiing, horse racing and equestrian.

    Entertainment News :
    View eentertainment news today and videos for the latest movie, music, TV and celebrity headlines on usacnnnews.com
    Technology News :
    Get the latest CNN technology news google : breaking news and analysis on computing, the web, blogs, games, gadgets, social media, broadband and more.

    Science News :
    Get the latest CNN Science and Environment News: breaking news, analysis and debate on science news of today and nature in the UK and around the world.

    Health News :
    Get the latest CNN health news science : breaking health and medical news from the UK and around the world, with in-depth features on well-being and lifestyle.

    Daily Life :
    What You Need To Know About daily life quotes ? Get the latest lifestyle news with articles and videos on pets, parenting, fashion, beauty, food, travel, relationships and more on CNN news.

    ReplyDelete
  9. We are the world best leading online newspaper portal. You all are the most welcome in our newspaper.If you want to get regular newslatter from our newspaper, please go home page sports news and click the below subscribe button.

    World News :
    View FOX world news today for international news and videos from Europe, Asia, Africa, the Middle East and the Americas. Visit world news reuters for up-to-the-minute news, breaking news, video, audio and feature stories.

    Politics News :
    Politics at FOX has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more. What You Need To Know About politics news latest.

    Sports News :
    Latest sports news nba from around the world with in-depth analysis, features, photos and videos covering football, tennis, motorsport, golf, rugby, sailing, skiing, horse racing and equestrian.

    Entertainment News :
    View entertainment news of today and videos for the latest movie, music, TV and celebrity headlines on worldfoxnews.com

    Technology News :
    Get the latest FOX technology news google : breaking news and analysis on computing, the web, blogs, games, gadgets, social media, broadband and more.

    Science News :
    Get the latest FOX science news for today and Environment News: breaking news, analysis and debate on science and nature in the UK and around the world.

    Health News :
    Get the latest FOX health news science: breaking health and medical news from the UK and around the world, with in-depth features on well-being and lifestyle.

    Daily Life :
    What You Need To Know About The daily life yoga? Get the latest lifestyle news with articles and videos on pets, parenting, fashion, beauty, food, travel, relationships and more on Fox news.

    ReplyDelete
  10. We are best and trusted bangladeshi online news portal website. Everyday we publish the national and international latest news. If you want to get regular newslatter from our newspaper, please go home page BANGLA NEWS and click the below subscribe button.

    বাংলাদেশ :
    Read Bangla Breaking বাংলাদেশ News on Parliament, Govt, Justice, Road Accident, Cricket, Sports, Education, Business, Agriculture, Population, Dhaka at todaybanglenews.com
    রাজধানী :
    রাজধানী ঢাকার সরকার/রাজনীতি, শিক্ষা, বিচার/আদালত, পুলিশ/অপরাধ, বিক্ষোভ/ধর্মঘট/প্রতিবাদ সমাবেশ, গোলাগুলি/আগুন/আহত, প্রেসক্লাব বিষয়ক খবর ও সংবাদ Dhaka news at todaybanglenews.com
    আন্তর্জাতিক :
    আন্তর্জাতিক,Read Bangla Breaking World News on USA, UK, India, Pakistan, Asia, China, Europe, Middle East, Latin America, Africa, Australia, America & UN at todaybanglenews.com
    সম্পাদকীয় :
    সম্পাদকীয় - সংবাদ গবেষণা, বিশ্লেষণ, অভিমত, মতামত, মন্তব্য বিশয়ক ফিচার। প্রথম আলো, বাংলাদেশের সর্বাধিক পঠিত অনলাইন বাংলা সংবাদপত্র/পত্রিকা at todaybanglenews.com
    বিজ্ঞান ও প্রযুক্তি :
    বিজ্ঞান ও প্রযুক্তি বিষয়ক খবর/সংবাদ - Bangla Technology News। কম্পিউটার সফটওয়্যার, ইন্টারনেট, মোবাইল, আইফোন/আইপ্যাড, উইন্ডোজ/মাইক্রোসফট, এনড্রয়েড/গুগল, নকিয়া, আপডেট/আপগ্রেড, গেমস, ফ্রিল্যান্সার বিষয়ে রিভিউ, গবেষণা, ও ফিচার at todaybanglenews.com
    টিপস্ :
    টিপস্, health tips bangla, health tips bangladesh, health tips bangla version, health tips bangla diabetes, health tips bangla language, health tips bangla pregnancy, health tips bangla women, health tips bangla health tips, healthy jibon, পুরুষের স্বাস্থ্য, health tips for human, health tips in bangla at todaybanglenews.com
    বিনোদন খবর :
    বিনোদন খবর ও সংবাদ - Bangla Movie and Entertainment News। ছবি, শুটিং, মঞ্চ, শিল্পী, নাচ বিষয়ক ফিচার। প্রথম আলো, বাংলাদেশের সর্বাধিক পঠিত অনলাইন বাংলা সংবাদপত্র/পত্রিকা at todaybanglenews.com
    খেলাধুলা :
    খেলার খবর/সংবাদ - খেলাধুলা, ক্রীড়া ও ক্রিকেট - Bangla Sports News। ফুটবল, ক্রিকেট, টেনিস, বিশ্বকাপ, শিরোপা, টি-টোয়েন্টি, বল, সেমি-ফাইনাল, বোলার বিষয়ক ফিচার at todaybanglenews.com


    ReplyDelete
  11. AAA Trade Review will help you for your that kind of issue which you describe in this content. 

    ReplyDelete
  12. Nice blog to get daily updates on stock market.
    "stock market tips"

    ReplyDelete
  13. Thanks for your post.Explore the trading world with stock trading

    ReplyDelete
  14. Thanks for your post.Explore the trading world with forex trading

    ReplyDelete
  15. Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whataspp number is +22999290178

    ReplyDelete
  16. LE-MERIDIAN FUNDING SERVICES. We are directly into pure loan and project(s) financing in terms of investment. We provide financing solutions to private/companies seeking access to funds in the capital markets i.e. oil and gas, real estate, renewable energy, Pharmaceuticals, Health Care, transportation, construction, hotels and etc. We can finance up to the amount of $900,000,000.000 (Nine Hundred Million Dollars) in any region of the world as long as our 1.9% ROI can be guaranteed on the projects.
    Le-Meridian Funding Service -Email lfdsloans@lemeridianfds.com.
    lfdsloans@outlook.com
    (WhatsApp...+1-989-3943-740 Or Call +1-913-9518-145)

    ReplyDelete
  17. ACY Pilihan terbaik bagi investor global

    Keuntungan trading di ACY

    -Low Spreads
    -No Dealing Desk
    -Eksekusi Cepat
    -Platform trading premium
    -Layanan Dukungan Pelanggan Yang profesional
    -Volume trading Fleksibel dengan lot minimal 0,01

    Informasi lebih lengkap https://bit.ly/2GERx22

    ReplyDelete
    Replies
    1. Fasilitas yang memang terbaik telah di berikan ACY, bonus yang menarik, dan yang pasti nya selamanya ane gabung di ACY, ane dimana tidak ada kendala permasalahan, dengan cepat nya masalah eksekusi, layanan yang ramah, dana trading terpercaya, dan ane harap untuk ACY ini dapat di kembangkan dan juga di pertahankan deh agar ane dimana dapat lebih lama lagi merasakan nya trading aman, nyaman tanpa ada kendala permasalahan

      Delete
  18. 《 DETIK TRADE 》 Forex Trading Indonesia

    Trading Forex Indonesia| Trading Forex Terpercaya | Trading Online Indonesia


    ✅ Akun Demo Gratis
    ✅ minimum Deposit 50.000
    ✅ Bonus Deposit 10% ( T&C Applied )
    ✅ Customer support 24jam /7 hari
    ✅ Trading Platform Web-Browser Based
    ✅ Proses Deposit & withdrawal cepat
    ✅ Pembayaran profit up to 80%
    ✅ Bonus Referral 1%

    DETIKTRADE

    Trading lebih mudah & Rasakan pengalaman Trading dengan profit mudah . Bergabunglah Sekarang di DETIK TRADE.

    ☆Join With Us Detik Trade☆


    #detiktrade #tradingbinaryoption #options #binaryoption #trading #platformtrading

    ReplyDelete
  19. Great My bro, I Just recommend to do this through Invstoc it's more than Easy friendly and highest cashback in the world and weekly rebate

    ReplyDelete
  20. Theequicom is a trusted advisory firm which provides you Indian stock market tips, best stock future tips, future and option tips for intraday trading.

    Theequicom
    Theequicom reviews
    Theequicom Financial Research

    ReplyDelete
  21. investing in oil and gas has and is still making a lot of people " very RICH". Investors in oil and gas are getting rich daily. All you need is a secured and certified strategy that will keep your invested capital safe by opting out with no withdrawer crunch. A considerable number of investors worldwide have seen gains of 75,063%, personally I have made over 600%. For example I started investing with $1,000 and I made $3,000, $3,500- $5,000 weekly. Last year at the start of the year, I increased my invested capital to $10,000 and I made approximately $105,000 before the end of year. I've never seen profit opportunities like this before in any market even when other traders complain of losses. Now for the doubters, not only is it possible, it's actually happening right now. All you need is a good and secured strategy, a good investment platform, Appetite and market conditions. Incase you are interested in venturing into investing or perhaps you are trading and has been losing, feel free to contact total companyat E-mail: total.company@aol.com I will
    be sure to guide and assist you.

    ReplyDelete