Phoenix Associates Land Syndicate (fka PBLSQ)

[quiet]

Well... **that** I can understand now that you exclude the increase in OS part. ;)

ie the
"suppose the company sold all these last billion shares short and is now buying them back at 1/10 of what they sold them for with the increase in shares."

edited to add: I'm now reading that as:

"suppose the company sold all these last billion shares short and is now, with the increase in shares, buying them back at 1/10 of what they sold them for."

8)