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Thursday, March 25, 2010 11:37:28 PM
There are countless scenarios as to why they would want to bring the SP down in that way. The one that comes to mind is the ability to short their own stock one more time for a big payout, so that Flessner can retire in style..LOL
It is a very astute observation that if this were a scam, they simply wouldn't hold a CC and would do everything they could, through issuing PR's etc, to convince everyone that the deal will happen....or as you pointed out, hold a CC but make it a really good one.
Instead, they hold this pathetic CC which causes the SP to tank, when all they had to do was not have one at all and the SP would probably have held for much longer at a much higher price....not the best plan if your goal is to continue diluting into the pump.
Excellent post...personmark for you!
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