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Re: chevy56 post# 25345

Wednesday, 06/20/2007 5:31:34 PM

Wednesday, June 20, 2007 5:31:34 PM

Post# of 38879
Thanks Chevy for posting their reply to your e-mail.
Hope some of their discussions center around capping that unlimited A/S.
Personally I think it has allowed " naked shorting " to a level that Ken Lamb & crew has no clue to.
Am also convinced seeing the heavy volume the other day that the Brokerages /TAs are swapping those shares between themselves every month or so, in order to avoid FTDs.
Capping the A/S and certifying O/S & float with a PR would do more for them than anything else to put them into a position to get capital for their needs.
They would have the ability to run a 504 at a much higher PPS.
But what the hell do I know.....I'm just an old German Leprechaun....or some such thing. Guess the Irish have the Leprechauns and we're stuck with Rumpelstiltskin.
Have a good evening !

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