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Re: Zilla post# 212386

Thursday, 06/17/2010 12:30:40 AM

Thursday, June 17, 2010 12:30:40 AM

Post# of 734086
Sounds like one possible reason that pps has been going down is Rosensquat gave his hedge funds the heads up that he would be delaying again so you can start shorting/accumulating at lower prices(which ever it might be at this point) cause he is gonna push the important stuff off till July. I still feel that they are shorting on minimal vol in order to keep covering the tremendous naked short they have on from the take-down of WAMU. I think they really expected to slide through this BK n cancel all the commons, haircut the Pref. n never cover the umpteen millions or more shares they are still naked short. If GS JPM and other hedge funds spiked the CDS's knowing it would cause the down grades and then were 3bill shares naked net short to crush the co. they could never deliver or cover that short(cant deliver what you never borrowed in the first place n cant borrow what doesnt exist 1.9bil outstanding, hmmm). They have to get the commons canceled. Don't think for a minute they though they would run into such stubborn scud launching bastards like us (this great board of knowledgeable Americans and all who have thrown a pipe into the front wheel spokes of their rice rocket doing a 150 mph on the way outta BK) but I don't think I am to far from the mark. Occam's razor. JMHO
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