georgie18's House of Gain...

[doogdilinger]

Thanks Georgie...as long as the noteholders remain completely shut out from market...there could be much more fun ahead throughout the month of may.

I also heard last night that cor clearing sold their biz...so cor's also leaving the otc clearing game.

So between cor and alpine only the biggest otc funders who are willing to put up large cash collateral will even be active at participating alpine broker/dealers moving fwd...so we should be in for quite the summer throughout the otc.

Yes there will still be some dilution...but nowhere near the usual levels.

The few otc funders that do still use brokers that clear through alpine for example will be limited to the newly imposed 20/20 rule on subbies for example...which means even if we stumble across any dilutive subbies...we'll be able to easily track/monitor how much they can even dilute on any given day.

In a nutshell the scales have tilted in our favor and these next few months should be fun.

1 other important note though...throughout the month of may I do think some select funders will still be diluting in their usual manner on some subbies. My reason for saying that is because I've heard that a few of them did find a broker/dealer that will grant them access to otc subbies...but now that that secret's out...we can be rest assured that by june that option will end up disappearing on them too because the broker/dealer will simply get overwhelmed by penny funders jamming up their phone lines trying to open up accounts and clear paper on subbies cheers