One Step Ahead

[Bo14172]

narvo,

Good point, but consider that the dynmaic is already in place!

Those people that formally filed saying they possess the o/s in their sock drawers are THE most important pieces of the puzzle. ALL shares above that are out of balance shares!

As long as GLKCE holds firm and more people come forward saying they own a substantial portion of the o/s in addition to what already has been filed while others seek to secure their certs, it's truly anyone's guess how this will play out.

I see the possibility of MM's ordered to buy back the excess shares with their own funds and confirm the retirement of those shares. They will be forced to bid up the price in order to make it attractive for people to sell them back to the MM's which could get quite interesting. : )

Til later,

Bo