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Re: janice shell post# 130298

Tuesday, 01/04/2005 9:53:44 PM

Tuesday, January 04, 2005 9:53:44 PM

Post# of 359156
Is that a trick question?? lol!

I like this part of his theory...

" CMKX increased the O/S 300 billion and sold those shares
to Citigroup for a fixed price (lets say .0005 for example) in order
to help cover some of their short position. Also with the agreement
that CMKX gets to buy the 300 billion back for a fixed price (lets
say .0002)"


So first Citi buys 300 Billion to cover their *short* at .0005 & then agrees to sell them back to CMKX at .0002??? That seems kind of STUPID to me!! They would be losing a shitt load of money & they would STILL be short. How does that make sense? I must of missed that day in Investing 101.

Randy

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