InvestorsHub Logo
Post# of 45569
Next 10
Followers 0
Posts 1071
Boards Moderated 0
Alias Born 06/24/2004

Re: None

Tuesday, 08/03/2004 10:38:12 AM

Tuesday, August 03, 2004 10:38:12 AM

Post# of 45569
Money for a cash dividend.
These 2 posts (the second one responding to the first) are interesting to say the least. Their basis is sound, and offer a scenerio that is very possible:

xtremeriches
Diamond Hunter
member is online

Gender:
Posts: 30
How about a cash dividend
« Thread started on: Today at 09:48am »
--------------------------------------------------------------------------------
Where would UC get the money for a cash dividend? Lets say he bought up naked short shares at .0001 and he's been selling them back to the MM's at these higher prices. UC takes the profit and gives us all a cash dividend payed for by the MM's.

Pretty crafty fellow that UC.

IMO
Logged

--------------------------------------------------------------------------------

marketmattaway
Dr. Of Diamonds
member is online

Gender:
Posts: 165
Re: How about a cash dividend
« Reply #1 on: Today at 09:59am »
--------------------------------------------------------------------------------
All he really needs to do is purchase an excessive amount of naked shorts and issue a dividend right on the spot, while holding his own set. This would force the Market makers to cover at whatever price he chooses.

Someone please prove me wrong here so I don't go on thinking why he hasn't done this already -



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.