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Re: 1918forever post# 73403

Saturday, 08/02/2008 10:46:19 AM

Saturday, August 02, 2008 10:46:19 AM

Post# of 107353
1918, yes - the more I think about it, that theory (that Prospect hedged with a short to protect their profit, i.e. used the cash-extraction strategy) seems most plausible. Thanks for the info on the Cash-extraction strategy. With 2.1M going at $.65, I believe it was to the MMs advantage to get it there and every cent more they can get on it is $21K - not bad IMO. They have to make some money too:)

Sage

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