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Re: mide post# 122716

Tuesday, 07/20/2010 5:13:35 AM

Tuesday, July 20, 2010 5:13:35 AM

Post# of 157299
What you, everyone really, needs to keep in mind is that the bottom feeder boilerrooms try this all the time. It's not unique to SNSR.

My guesses are-
1. because of the proximity to the company and the 3 Little Pigs' connection, the boilerroom thinks it has an "in",
2. the 3 Little Pigs handed off the NOBO list to the boilerroom because they're trying to find a way to extend their own little gravy train and might have been promised them some sort of "commission"
3. the boilerroom wants to build up its business and make money charging account maintenance fees to all of you, probably feels it has a right to this business since of the connection with the Pigs. This is not unprecedented by the way. A few years ago, a broker from NY contacted my office a few times, allegedly from the DTC list, said he was one of the "main guys" who put GTE together and I should transfer my account to him, sort of implied he had a right to the business. Didn't do it of course, reported him to the then IR guy and that crap stopped cold.
4. The boilerroom wants to ingratiate itself to the new management since its days of profiting off the company are coming to an end, so it tries to amass as many shares as possible to use as leverage to then try to sell other services to the company, or if the company isn't interested, loans the shares out to shorters in retaliation.

Clearly the new guys don't need the services of a sleazy, bottom of the barrel boilerroom. The 3 Little Pigs do, but Estrella and Clark don't. This is a comical, obviously poorly organized attempt to gain some sort of leverage. If any shareholders are stupid enough to fall for it, they get what they deserve.

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