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Sunday, June 29, 2014 12:58:09 PM
Tom told me long ago that PYCT is in a category of stocks, whereby, the 'number of shorts does not have to be reported' by those responsible for 'reporting shorts'.
Tom says this, but yet the official bi-weekly FTD report DID report PYCT shorts in 2010, which were then subsequently cleared. Sounds like Tom truly doesn't know what he is talking about, or he's just clowning around.
Then, Tom evidently tells folks there is a 3-4 Billion share short yet won't put it in writing or offer proof, and you (and others) continue to assert that a large currently short exists (first created since the days of Pino), yet no one to date has provided a reasonable explanation why then:
1) NO MASSIVE SHORT SQUEEZE OCCURRED WHEN MLON TICKER AND COMPANY NAME CHANGED TO PYCT AND PAYCHEST.
2) NO SQUEEZE OCCURRED TO PURCHASE MASSIVE QUANTITIES OF WPMLF SHARES TO COVER PAYING OUT THAT DIVIDEND.
Can you offer a guess as to why if such a massive short has existed why a squeeze did not occur during those two above identified events that require rectifying of share structures in order for them to be completed?
Lastly, do you believe a short squeeze will occur if PayChest now changes its name and ticker, and then gives out another dividend (this time from PayChest Oregon)?
Thanks for your time and have a good one.
I am NOT a Financial Adviser. Nothing I post should be considered financial advice. I may be holding a long, short or no position. I am NOT compensated to post on here.
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