can't answer that .. imo only the sec and knight's ceo .. know the details of what (i suspect) was first discussed last year - i'd remind folks that the ceo of nite was *muted* in his chat with cnbc's cramer on mad money in mid dec .. he and other insiders then unloaded shares ~
the facts are very clear about when nite became the monopoly in the otc and otc bb
that was early in 2007
so for almost 3 years nite has gone *unchecked* but to me .. it's why they were *utilized* by others who are unregulated (off shore entities) and their connections with folks whose sole goal was to either orchestrate a run or the opposite for the $$$$$ generated to just a few .. that is what i suspect is the ultimate goal
if kaufman's plan is implemented by the SEC there will never again be a failure to deliver
every stock will be electronically tagged and tracked
fed ex and the library do it on pkg's and books .. so the technology exists .. yet it hasn't been implemented
every share of every co. that is shorted will have to be *delivered* (returned) no more of this bs done daily that financially benefits so few .. yet destroys so many
-- 4kids all jmo
10/5/07 -- there are no coincidences here ... oh and like many other longs .. not selling at this level --