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matrix

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matrix

Re: Joda post# 71460

Friday, 04/27/2007 8:41:54 AM

Friday, April 27, 2007 8:41:54 AM

Post# of 159753
Megas didn't ask for a forced buy-in in his petition. It appears he's satisfied w/ canceling the fake and giving you the ball to chase whoever you want.

Unless the shares issued in the Pino et al settlement are distributed, there aren't enough real ones out there right now to do a buy-in. Filings show the broker, which served as the entryway for the mess, tried to purchase stock in the open market after the DTC demanded replacement certs back when the stock was trading. Since the market was so flooded w/ fake, the broker ended up w/ FTDs.



-----
"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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