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Re: spongeboy post# 184600

Friday, 09/04/2009 3:24:19 AM

Friday, September 04, 2009 3:24:19 AM

Post# of 346919
spongeboy: I would tend to agree with you but, when you consider xDrewx's #'s as to current float and O/S in 10k Subseq. Events Sec., then such #'s demonstrate that NSS are up a creek, that they will have to start covering. My reasoning is that the pps will go up after 10k to maybe $1 or so and that will quintuple pps with no downside, so that NSS will lose control completely of pps. And a forced buyin will begin out of financial necessity. Otherwise, more institutions will start to jump on spng at $1 and drive up pps further.

I don't know, maybe just my ignorance of the situation, including the I don't care attitude of NSS. Is this a stupid scenario?
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