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Re: A deleted message

Monday, 11/24/2008 12:49:24 AM

Monday, November 24, 2008 12:49:24 AM

Post# of 87366
I think it is easily tied to the economics of Nss. The companies gamble that their profits from sales of millions of shares that didn't exist (NSS) won't have to be covered if they can force the company out of existence. Lets just say it would cost hedge fund X $100,000 to cover their NSS position at .0001 if they needed too. They can pay a team to work together to post weak pumps, then more forceful bashes, to set the tone of doom over the boards, drive away new investers and old alike, and ultimately get the bankruptcy they want. So what if they spend $5-6,000 on the team, in this example, it would still leave a nice tidy $95,000 profit for the hedge fund. I have no factual basis for the numbers, but would suspect that I am well on the low side of reality.
If the ticker symbol, and cusip change forces them to cover the NSS, then we COULD see a slight spike, but would expect them to short the new symbol too. Just IMO LC

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