A couple of problems with that analysis, blue. First, the DTCC is not the only source of shares. There may also be shares held at self clearing brokers and the Canadian clearing corporation.
Second, Frizzy directly contradicts himself in that update. On the one hand he states that they are trying to find out how 70k accounts became 30+k accounts, although we explained that to him long ago. On the other hand, he states that there are 36k accounts that have not sent in certs.
I suspect that his mailing is going to many accounts that exited this stock long ago, since he is using a 2005 NOBO list.
BTW, "desking" is another Balony Brigade myth. It is a practice that they simply made up, unless they are trying to hang another definition on an MM going short in the course of making a market, which of course could not occur with CMKX as there were no MM's.
Tashkent Basher Drop-box.
