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Tuesday, December 19, 2006 3:41:03 PM
1. MM's have been forcing it down;
2. PFD'S was a tool to address NSS Shares;
3. No fluff PR's-only what "IS" going on;
4. Buyback was discontinued because of the NSS Issue;
I posted this earlier about the buyback:basically they realized that the buyback would be fruitless with the (then)ongoing NSS-so,the remedy was the preferred shares, forcing the MM's to cover their NSS Positions;
posters on this board have been reporting their answers from brokerages in regards to when they'll be given to shareholders-it appears the MM/Brokerages are fixing their NSS positions in BKMP....ALL do IMO to the Preferred Shares;
if in fact this is true and the NSS Issue is NOT in the Billions that some of us were thinking-
then MAYBE BKMP can and will trade/move on it's own without deliberate negative influence by the MM's/Brokerage Houses-
Unfortunately-I am not as smart as many on this and other boards-this is just my opinion of how I see things-
it almost makes sense...to me anyway...
I'm sticking with Mike and Sandy and will find out one way or the other if I made the right decision...which I think I did.
IRISHBULL-hope ya don't mind me butting into the discussion-
Cheers to you and yours.
Relax people-it's just my onion....I mean opinion.....and remember what your momma told you.
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