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Post# of 247091
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Re: venegasra post# 138717

Thursday, 02/28/2008 11:57:08 PM

Thursday, February 28, 2008 11:57:08 PM

Post# of 247091
SWVC 'dilution' is no longer required...

SWVC 'voted' for 5x-Super-Toxic Convertible "Preferreds" .

Which are far worse than any Cornelli's. Because,
the only 1 guy who personally owns All of them,
and 80% of All SWVC votes + assets, can vote for more of them
any day, just for himself.

Basically, SWVC longs really own nothing.
Unless they sell it all, before the next 'vote'.

Even Cornell could never 'vote' to increase its take.

Averaging-down is profitable, for shorters, only.

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