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Prove what? He's not gonna 13D anybody, 13D is not as simple as a 13G, you need to state your intention. People usually file 13D when they are going to do a tender offer.
Oh really? Schedule 13D or Form 13D? Why is that? You gonna tender offer someone? Give me a break, when you filed your 13g, your shares is locked in, you can't sell or do anything with the share because it affects everyone on that list who filed with you. You don't file your 13D with your 13G. Yeah right, you just pulled it right out of your ass. Publicly telling people you filing a 13D? Are you a moron?
Ok 13g don't reflect the accurate OS. Then whatever you said then, it doesn't matter if Metter put it in writing or not. As I said, you are who you are. You would just accuse him the next day of diluting extra shares. You have no idea what a legal hurdle that is to changing your shares the next day after your filing. And remember, this 13g is not from Steve. He didn't even know about it, the people who filed it are just trying to put pressure on the shorts since Steve isn't very cooperative.
Ok, you can get excited about Citibank. It went up last week, oh wait, it went down 80% 5 months before.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6291059-1582-70444&type=sect&TabIndex=2&companyid=383951&ppu=%252fdefault.aspx%253fcik%253d1201251
Do your own calculation, 40.09 million shares is 5.1% of? Allowing for some rounding.
The date is Dec 9th, 2 days ago. Didn't the TA reported 849million before it was gagged? Wtf happened?
Case closed, you are who you are, someone who doesn't know anything and only post dead links.
you also believe that the O/S is larger than 809 millions, you even said sometimes in the past that it may be 1 billion. Guess what, it's 809mm.
Assuming what about obama or the naked short? The guy just posted an article talking about potential changes in regulation regarding short selling and naked short selling. Then you are the one that ASSUME he's talking about obama.
P.S.: There is no assumption about you, we all know who you are.
A reputation for posting crap without supported facts. A reputation of trying to be a smart ass. There is way to show your concern, and there is way to show that you are nothing but a basher. And a reputation for posting dead links.
change your setting to 1 star then you will see it
what are you talking about? bbb already posted pictures of moskowitz in one of his posts.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34069387
Moskowitz is the chubby looking guy.
who cares if it's him or not, it's still funny. I'll just be ignorant and assume it's moskowitz. It gives me a good laugh under this tense environment
Perhaps he cant? I want him to put it out too, but how does calling him 24/7 help? Some send him so many emails that now all he said regardless of whoever email him a simple "WAIT."
no doubt.
ok, whatever makes you happy
ok, whatever you like.
why are you keep responding with that kind of stuff? Ok, i get it, RME buyback will happen shortly.
Im not accusing Steve of any wrongdoing. So please stop with this RME buyback thing already
All im saying is I think RME buyback would not trigger a short squeeze. The share price will get a nice boost, then go back down when the NSS sets in again.
it won't trigger a short squeeze, that's the end of it. Then the NSS would just sell more shares until we get lower.
yes the RME buyback would affect our price for sure, but not enough to trigger a short squeeze.
I rather have Steve restructure his RME loan, waste no money, yet achieve the same effect as a buyback
All of the big longs and I have called him with the same questions that you asked of me, he only said "WAIT." I understand why they are frustrated. Steve has really bad PR skills, his marketing skills is amazing though.
Although i really want Steve to do something, the way those big longs like alan and micro is doing is so counterproductive and only pisses Steve off even more. I really don't think call him more would help. If there is something he cant say, then you won't be just simply press him to say it. And technically, we don't have enough voting power to pressure him.
So what if it goes over to shareholders? Not that im against the RME buyback(i would love SPNG to do that). The buyback from restricted shares won't affect the float, hence won't affect our price. It may attract more new buyers because they see the efforts from the company. However, with all of the big longs are holding for a short squeeze, the new buyers may buy from some weaker longs, which don't do anything much (it may boost the share price to 4 cents), it would not trigger a short squeeze.
i know, hence i said anything that involves share recalling. Dividend, uplisting, and buyout involve share recalling.
nvm, i confused it with the interview with Crowley. Although I think if they publicly stated, it really doesn't matter whether it comes from a pr or a radio interview
He pr the float already, SPNG's mgmt has repeatedly said there is only 100mm float, what do you want? PR the float would just be a waste of time and money.
If there is NSS, do you think they care about what the float number is?
anything involves share recalling.
Yep, and the mm won't move until some dramatic news happen.
og said it's a normal short squeeze, naked short squeeze doesn't just happen without news. After all, no borrow so no force covering
nope, AMEX is acquired by NYSE, so the requirement is the same now, $2. I dont know if number 1 would work, not my forte.
3 things involve a share recalling
1. Dividend
2. Uplisting
3. Buyout
Take your pick. Uplisting is a dilemma, wont be able to uplist if naked short exist, naked short won't quit unless the company is uplisted.
can't do, $2 price requirement. SPNG won't reach it without a short squeeze.
nope, that won't be anything exciting, naked short will still be there. Remember, this is not a normal situation where you decrease your o/s and the thing goes up. Hence, read more carefully, they said, "The repurchase of equity would significantly reduce the outstanding number of shares of the Company stock thereby decreasing the Company's overall market cap." The PPS will not readjust like a normal situation.
Why? Because there are only that many shares in the float, what they reduce is the number of shares restricted, which will never affect the market. Also, majority of the shares we are holding right now are naked share, and all of the big boys are holding on to their shares. Doug Furth has had 41 million shares for a long time, the 13g filing is just to prove his holding.
Ok, maybe you havent read the stuff i posted to FFF in the past. Here is your answer
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32753315
In case you are like FFF, who picked out the 1934 section from their Annual and Quarterly Report and say that they are 1934, not 1933. Here is my rebuttal
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32755784
Now please post something more informational, and let me read in peace. You are just like FFF, all of those links that you post have nothing to do with anything. You post links that lead to a law firm? A definition of securities? and a dead link? Are you serious?
real shares to be bought in the open market. There will be that scenario. What do you think happened with VW?
don't dream or don't be greedy, or you will be the one who suffer. I suggest you come up with a number in your head that you are ready to sell it at. Or sell portion of your holding to make your initial investment, the rest is gift from god.
His name is Steven Y. Moskowitz
lol, i am asst mod now? hehe
Although Steve can still sue them for compensotary and punitive damages. I don't know what's gonna happen, just throw it out there.
then I doubt Doug and Steve would let the Feds sucker punch them. Let be realistic, everyone only cares about his own money. And i think it hurts more to these guys losing their money than going to jail.
but then it's the Fed's money no?
yeah
they can figure that out, i won't object to the idea that they have to answer to the law, we have enough douchebags walking away in this financial meltdown already. At least some of them have to go to jail
You don't know for sure if there will be a deal between the shorts and SPNG and Doug or not. I know what i said is mere speculation, but at least it makes sense. If they can't cover with the existing shares, they have to crawl to SPNG and ask for some real shares. If I am steve, why not sell to those suckers and make money?
Of course it should be happen after they exhaust every share in the open market.