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Post# of 159752
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matrix

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matrix

Re: mastaflash post# 66838

Thursday, 04/19/2007 2:51:06 PM

Thursday, April 19, 2007 2:51:06 PM

Post# of 159752
Pino and gang fed certs into the system. During the run up, trades were settling due to this. AFAIK, the FTDs didn't occur until the DTCC/brokers started sending these certs to the TA to be exchanged.

IMO there won't be a MOASS. The feds suspended the buyin requirement here. In the petition, they didn't request a buyin. They want the fake stock canceled and to impose a $40K+ penalty against everyone listed.

If you all want to see a different outcome, the defendants have to make their own legal argument for it.



-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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