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Re: TraderRick47 post# 36533

Tuesday, 04/08/2008 12:39:54 AM

Tuesday, April 08, 2008 12:39:54 AM

Post# of 141760
CUSIP changes hit the phantom shares (naked shorts) hard, and this has been the most effective tool used by companies who have been naked shorted to death.

And the CUSIP change should also force the hand of the brokers who issued dividends improperly, as the improper dividends should be identified when the CUSIP number changes (there has to be an accounting for all shares, is my understanding). I really expect fireworks when the squeeze starts. All IMO, of course!!

When everyone actually IS out to get you, being paranoid is just smart thinking.

Moe