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Re: Buckfever1 post# 206693

Tuesday, 05/16/2006 9:27:58 AM

Tuesday, May 16, 2006 9:27:58 AM

Post# of 358440
Buck-definitely. If Frizzy had numbers of any consequence he would be releasing them in great detail.

We know for a fact that FTD's at the end of April were essentially zero, so any FTD position would have to have happened between then and the day of revocation. If there was not a significant FTD prior to the revocation hearing, it hardly seems likely that one would have built up after it.

I suspect that Frizzy's claim of "billions" of FTD-quite a far cry from his claim of a "two trillion share naked short-may be true. I also suspect it comes from his once again not understanding the settlement system. Any open trade as of the effective date of the revocation would result in a fail because as of that date Broker Dealers could no longer process transactions in the stock, not because they were naked shorts.

Tashkent Basher Drop-box.

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