News Focus
News Focus
Followers 21
Posts 2244
Boards Moderated 0
Alias Born 08/10/2022

Re: 955 post# 1266

Saturday, 11/16/2024 8:32:20 AM

Saturday, November 16, 2024 8:32:20 AM

Post# of 5217
That is correct. But if the Treasury steals 79.9% of the common shares with the warrants and simultaneously sells the new shares in the open market the debts escapes the balance sheet recorded net income only.

What’s gets me Treasury doesn’t need the money the Federal Reserve can create as much money for Treasury as desired. So, the question why are the preferred cram it down bent on destroying the common? I believe the reason is the transaction will cause the legacy common stock to vanish along with any short positions, naked short positions as well as any counterfeit common stock outstanding. These people are short.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today