In the case of an IPO, there is an additional catch: Until the purchases are settled and shares delivered, nobody outside the underwriters actually holds any shares.
The shares have delivered a 19% total return so far this year in advance of a spin-off expected to occur Jan. 1.
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The complaint also doesn't mention specific short sales for which ETG was charged a fee but the shares were not delivered.
These reports show when a stock purchase has been made but shares have not been delivered to the buyer by the three-day settlement deadline.
Stock transactions are supposed to settle within three days, and if the shares fail to be delivered to the buyer, that failure is reported to the SEC and to the national stock markets, which keep track of repeated trade failures.
The shares are expected to be delivered to investors on December 10, 2012.
Now he gets ripe avocados delivered twice weekly to the three warehouses he shares with McDonald's.
And, in fact, SEC and Bloomberg data indicate the practice may have helped cause the Lehman Brothers collapse, as more than 37 million shares were sold short and not delivered as of Sept. 11, 2008, compared with more than 500, 000 at the peak of 2007.
Reid shares with us how health care is delivered in many other countries.
That, at least, is the adjective used by the Chandler family, former owners of the Los Angeles Times and holders of 12% of Tribune's shares, in a scathing 11-page letter delivered last week to the Tribune board.
Qualcomm delivered record revenues for Q2 FY2013 on April 24, but saw shares decline as investors fretted over its lower-than-expected earnings guidance for the next quarter.
Then it was noticed that a diversified portfolio of shares was a lot less risky than most people thought and delivered superior returns over the long term.
He then places the shares with the custodian of a depository bank, where they are converted to ADRs and delivered to your U.S. broker.
At the same time Amazon, which has seen its shares rally consistently since late 2008, has seen patient shareholders piling in without ever having delivered stellar profits like Apple and Google.
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Shares of Cisco Systems are up over 7% after the company exceeded earnings expectations last night and also delivered upbeat forecasts.
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