InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,346.56
(
-1.84%
)
US TECH 100
17,900.00
(
-2.65%
)
Dow Jones
39,737.26
(
-1.51%
)
Brent Oil
77.36
(
0.00%
)
Bitcoin
60,583.52
(
-0.14%
)
Post# of 12444
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

fugazyh8er

Send PM Follow Ignore
Followers 1
Posts 312
Boards Moderated 0
Alias Born 02/05/2007

fugazyh8er

Re: calitrader post# 2624

Wednesday, 06/13/2007 10:37:32 PM

Wednesday, June 13, 2007 10:37:32 PM

Post# of 12444
Are you saying that AJW is fine with limiting their conversion of shares to no more than 4.99% of the OS because their intention was to NSS on the side anyway? Naked Shorting 2 billion shares only works out to be $200K. If they are unable to continue shorting the stock are they going to default the loan or are they going to take the operation to filing status finally? Would you agree these are the two options they would entertain? If so, what is the benefit to them if they choose the route of default?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
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.

Sign Up