Thursday, October 28, 2010 11:27:11 AM
GM Dich, Exactly. This shareholder list leads one to believe that there could be a naked short position in FFGO. No one can disprove it, as we cannot prove it since the list is based on certain assumptions. It's speculation. What we do know is abusive naked short selling is ILLEGAL and there will be no list to document it of course.
This is the more conservative view below. Approx. 188 shareholders own 18.3B shares and there are likely 1000s of shareholders. It leaves a naked short of 10B with only 188 people providing their holdings to me.
NOTE: I am not encouraging anyone to buy FFGO based on a potential MASSIVE naked short position. As I've stated before, I believe those that are guilty of this may have a "workaround" although I have a feeling the upcoming dividend of NMGL Preferred A and B shares continue to be a concern for them. JMHO
GO FFGO!
V
This is the more conservative view below. Approx. 188 shareholders own 18.3B shares and there are likely 1000s of shareholders. It leaves a naked short of 10B with only 188 people providing their holdings to me.
NOTE: I am not encouraging anyone to buy FFGO based on a potential MASSIVE naked short position. As I've stated before, I believe those that are guilty of this may have a "workaround" although I have a feeling the upcoming dividend of NMGL Preferred A and B shares continue to be a concern for them. JMHO
GO FFGO!
V
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