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Re: Triten50 post# 101755

Thursday, 09/24/2009 8:41:35 PM

Thursday, September 24, 2009 8:41:35 PM

Post# of 733398
This is a possible scenario.. a settlement happens at 5:30 p.m. after finalizing all the little details. Then, the word spreads whether one wants to keep it a secret or not. Its formally announced that evening and the next day, there are about 2 billion pre-market orders ranging from the last days close to the high dollars..The shorts would want to cover, institutions would want to buy, the general public would want to buy, JPM employees would want to buy et al.

Of course, the MMs will ensure they settle all the GTC limit sells that were set previously and be ready to sell it back for a much higher price. Now, its easier for everyone, more so for the MMs to just sell the shares at the settlement price from all the shares that they have accumulated before. Everyone profits in the process except for shorts of course and worse, NSS.

Bear Stearns showed this is a way things happen and I believe when the settlement is done, we will see a similar situation here!!

GOOOOOO WAMUUUUUUUUUUUUUUUU!!!!!!!!!!!

Anything that I post related to stocks is my own opinion and should not be considered an offer that you cannot refuse. But if you do refuse, my consigliere will be there to see you!!

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