GNCC Capital Inc (GNCP)

[moe_the_gyp01]

What some have missed and he usual suspects have failed to seize upon are a couple of acquisitions in the brokerage space, namely Schwab's acquisition of Ameritrade and Morgan Stanley's acquisition of Etrade which short conspiracy theorists all agree, the pre-acquisition due diligence should reveal the nakedly shorted and unsettled electronic equity entitlements exposure both of these brokers have in GNCP, FFGO, ASPA, NMGL, GWGO and a few others. Clearly, Etrade and Ameritrade have been exploiting loopholes with the aid of ex-Sec agent and the FBI in order to cellar-box the trading in all of the above securities to the detriment of retail. All done of course, to limit or eliminate their exposure to the cataclysmic effect a short cover could have on their respective balance sheets. In a paper written by a noble prize winning economist, the geometrically scaled effect of unsettled electronic equity entitlements (EEEs) could actually be the tipping point that forces the hand of the Fed to finally, and once and for all, go to the gold standard. Remember the credit default swaps that almost turned AIG into a penny stock? For purposes of this discussion, EEE and credit default swaps. CMKX was close, and may still have its day once the books are open.

I really am surprised that no one, and you know who you are, has mentioned anything with respect to the eminence of the short cover that is sure to ensue once the target's books are examined during the acquisition process.

Tic Toc indeed. Bwuuuuhhahhahhahah.