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Re: funmaxus post# 823

Saturday, 03/07/2009 5:42:29 PM

Saturday, March 07, 2009 5:42:29 PM

Post# of 94785
Funmaxus, I agree. That $20K buy-in they had in 2008 seems a useless PR prop now with 100% hindsight. If they sand-bagged the money as margin with the primary MM of account for such an emergency it could have been covered or saved. The MM of account could have spotted it off the bat and do damage control. Someone did try to rescue the stock with 7M or about $2000 but it was too little and too late.
The IHUB chartist Penny_ta has the "float calculation tool" program that is used by the MM's and Brokers that can distinguish between the real float and the trading float. She got the program from poster Clarity789. In order for her to use it for a board it has to be requested by the Moderator. We then could of notified RPDM management of the crises that was brewing. I do not know if the primary MM is obligated to notify RPDM management.

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