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Sunday, September 24, 2006 5:20:27 AM
Yes, MM's can stretch out the covering of shares owed back but a R/M creates the hammer to call all shares in, by terminating the old company and its shares outstanding.
I believe this is what CEO is trying to do. R/S was step 1. R/M is step 2 to fully squeeze shorts (either retail or broker related).
Still too many shares traded after the R/S, and someone has to cover, especially if R/M is valid. That is why other stocks with similar issues had R/M's and pps went up 400-600% within hours.
Best Regards, Good Morning
Not a buy or sell recommendation.
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