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Re: Mr Pennypacker post# 26423

Wednesday, 12/27/2006 7:54:33 PM

Wednesday, December 27, 2006 7:54:33 PM

Post# of 38584
That's funny....see below what ETrade wrote to me, particularly the bold part( exactly the opposite of what they told Penny!!!).....I posted this earlier, but I think after what Penny was told, it is worth reposting:

Dear Mr. X,

Thank you for your email regarding your X shares of Soma Petroleum. First and foremost we apologize for not answering questions 2 and 3 of your previous email. The answer to your question number 2 is no we do not naked short stocks. This is an illegal practice that was banned by the SEC on 10/29/03. The answer to your question number 3 is no your shares are not phantom shares. The actual physical certificates were received from the transfer agent and deposited into your account. Phantom shares occur primarily in stock plan/employee benefit plan accounts.
The cusip number displayed in your portfolio for Soma Petroleum is the correct cusip number.