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Tuesday, August 05, 2008 7:19:13 AM
That was before my 'time' here , so it's very interesting history.
I have searched many NEOM filings for 'no shorting' provisions and as best as I can recall it's been a 'hit or miss' proposition.
Very interesting that "NASDAQ officials asked the question about whether there was a "no-shorting" provision in the agreement with Cornell." One might assume (I know, I know lol) that NASDAQ is very much aware of shorting by financiers which can go on in death spiral deals like this.
Loan money when a company's PPS is .10
Short the company's stock.
Cover your short and book your profits by converting financial instruments which are discounted to a 10- or 20-Day VWAP.
Win whether the company 'wins' or not.
Or something like that ;)
JMO -jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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