dpilon
Wednesday, 12/23/09 01:11:37 PM
Re: None
Post # of 344213
A private deal was made with biggest NSS for him to cover gradually and transform "air shares" into "cancelled shares", thus the ***TEMPORARY*** 3 billion O/S during execution of that deal (because technically the converted "air shares" will "exist" for real during a short period of time).
This deal is to avoid a blood bath and to create a win-win situation for EVERYBODY, INCLUDING longs. (I'm referring to the real longs here, not the greedy false longs who think they are long but are just greedy false longs)
When "air shares" will be bought back by the entity covering, the shares will be cancelled, the NSS will still get out of this richer, and A/S and O/S will be reduced DRAMATICALLY (creating shareholder value)
The WORST thing to do now would be to file the 10-K before everything is completed.