InvestorsHub Logo
Followers 30
Posts 4021
Boards Moderated 0
Alias Born 08/01/2004

Re: Art2Gecko post# 75723

Friday, 05/04/2007 10:48:48 PM

Friday, May 04, 2007 10:48:48 PM

Post# of 159753
Someone posted the other day that the MM suggested this lawsuit idea to Megas. Don't know if that's true, but I doubt the DTC instructed him to use certain language let alone sue all the NOBOs. They know NOBOs don't hold certs. There's no need to do a fishing expedition for this because they have records where the FTDs are located. It appears Megas didn't work w/ them to narrow down where they are.

I don't see how NOBOs will help. Doesn't everyone's account show their BCIT shares as settled trades rather than FTDs?



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

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.