some further thought and consideration regarding Carny's Wsj recent piece.if we subtracted the delusional accounting, we are still left with trying to understand its timing and purpose. Why randomly submit this 2 days after a substantial earning report and prior to the Monday market open?the only purpose, that I can conclude is that his intent was to prevent investors from buying the stock and encouraging those that have not done their own DD into selling (ie. the lemmings). But why now??.... I doubt very much that his purpose is to sell the stock short or even to set the stage for others to short it ,as that would be analogous to a player fixing a game with potential consequences. Rather, I believe his purpose is to attempt to keep the stock at its current level as it prepares for release from conservatorship. TH has suggested that the timeframe for this may be 6-12 months, but I also remember him saying that he had recommended the release prior to the elections but that his advice was not listened to. Presumably this was for political reasons and thus the assumption is already set to go ( be released it now is just the timing). It strikes me, that it would be to the government's advantage to make this a sudden event so that the investors do not appear favored (benefitted)in the process.further with the lawsuits pending, and dangerous dirty laundry accumulating, it would appear to me that release is more imminent then we may think.Other's comments in this regard would be much appreciated.
