GUMP RE: NUMBERS GAME
The interesting thing regarding the numbers game Gump is that let's say there is a one trillion share short position. A settlement at 1 cent would only be a $10 billion settlement. I know I'd be thrilled as hell with 1 cent. And when you look at $10 billion in the context of the tobacco settlements, the mutufal fund settlement, and other types of settlements in the tens of billions, this isn't even a bad deal, ESPECIALLY given the hundreds of billions if not trillions that have imo been bilked from investors by hedge funds over the years by naked shorting. So why wouldn't they just agree to a modest settlement and sweep it under the rug? Ah, the precedent. There would be a chain reaction of lawsuits and settlements that would wipe out the financial market. Someone is protecting this chain reaction from happening imo. Someone big. Someone powerful. If there was a way to pay us off without the market knowing about it, I'm sure the SEC/DTC/hedge funds would gladly cooperate so they could go about their merry way, make the $10 billion back in about 6 months by shorting other companies down and nobody would be the wiser. But this cuts much deeper imo. To be honest, i just don't have any idea any more how this can resolve itself if a massive NSS is proven. The consequences are staggering and covering on the open market seems an impossibility. Curious times these are. One day, a single company will break this wide open. I'm hoping it's cmkx. I think we've got the best chance of anyone so far.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
