Part of the fraud is selling to many borrowed shares that they can never obtain in the physical equivalent. They know they messed up. This is call damage control. That's great for investors of IDNG when the change to HAWC occurs but bad for the banks, MM and financial institutions. FIRNA is protecting them. Know is half the battle. Example if there is 85 million in the float with no official numbers out no one has and official idea of what the float really is but say the borrow share count is 150 million shares with only 85 million physical shares in the float who is in trouble. That means that every investor here will be paid millions of dollars for there shares. The last company we look at that took 5 months for a name change ran for .0090 to 261 dollars and is still over 2.00 right now. This is about a year later now. RedHawk seeing the future today.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.