That is actually a good point and should be pursued.
if I was RCC I would of crushed anybody that stood in my way 2 years ago.
Forget two years ago, talk about today.
The basic fantasy, shared by all the greedy longs, is a huge NSS that is somehow going to be squeezed. It apparently exists because a 'trap' was set by gagging the TA and increasing the AS to a very large number. The dastardly shorters 'think' that there is a huge float that disguises their NSS and with the TA gagged they are unaware of the 'true' OS.
The trigger for the squeeze will be when the imaginary audit report associated with the 'merger' is published and everyone learns the true size of the OS. The shorts will realize how exposed they are and race to cover their positions, creating the Mother of ALL Short Squeezes.
Here is the flaw in that scenario. Why is there any need for a merger? If the NSS exists and is as big as everyone thinks it is, why can't Gene just ungag the TA?
What is stopping him now or anytime in the past six months from publishing the OS?
Wouldn't it be beneficial to not just the investors but the company to have a soaring share price? After all it is a holding company that allegedly obtains its acquisitions by trading shares. Why wouldn't he ungag the TA, force the squeeze and then buy up whatever he wanted with the billions of dollars he would realize with such a move?
Surely it would be a better strategy than giving up a share of his company (IWS) at a comparably low price. The capitalization alone would put him in a position to join any board he wished including NASDAQ or even NYSE. He wouldn't need a merger partner.
What gives?
AI
