Tuesday, January 16, 2018 8:04:58 AM
There is the matter of those shares held by Ally that apparently were caught in a FINRA approved corporate action that resulted in a Market Fail to Deliver ...
Appearance Ally might have bought the Market liability ?
Some things I read suggest the Government sold 47 Million (formerly GMAC shares) now Ally shares with a 1.4 billion dollar value to settle in part that Market Fail.... $275 Million in brokerage assets I have read were bought also...
725 million X 2 is 1.45 billion shares plus 47 million Now Ally shares is 1.497 billion shares plus 3 Mia certs is 1.5 billion ...
Something about 5% exit divvy's at ENTI = 1.5 billion with paper ?
Maybe the replacement shares for that Market Fail ?
Once cleared ... Paper shares would give you a Public offering ... Required when government assets are sold...
Maybe June is the end of the implied Gag Order ?
$DUTV$
I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...every thing I say is of my opinion. I'm not a good place to get investment advise...
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