News Focus
News Focus
Followers 360
Posts 9949
Boards Moderated 2
Alias Born 09/17/2008

Re: FORTY-8 post# 227046

Friday, 07/30/2010 3:36:33 PM

Friday, July 30, 2010 3:36:33 PM

Post# of 749756
The only problem I see with this excellent scenario William is the validity of the common stock. We know it has a plus 1.7 Bil O/S, but many here have specualted it actually could be at or near 2.8 Bil with the NSS positions that are out there. If this is true, the stock will be worth more on the market (because clsoing of NSS) position than it will be on a settlement table number.

This is why it is important "Right Now" to push for a name and Cusip # change, because it will make all shorts and NSS cover, which could push this thing into the $$$$ teens if the NSS is as bad as most think. Stock will be worth more on market than valuation. It is possible to push this, we just need a representative firm (like the wamuequity joinder) to push the Motion for a name/cusip change. We have the potential to make large $$$ if this theory is true, JPM/GS/MS will Shiat over it..

IMO this is will work..

~Don~



Sometimes you just have to be "RAM TOUGH or TUFF!"
~Fish~



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today