Hello Every Long Holder,
Coming in from north of the 49th parallel. Been lurking for over two years. Only posting now because I feel a new era could be soon upon us. (I am pre-seizure as well by a day or two).
First off, thank you to Ilenes, Uzual, Voodoo, Diamond, Dan BB and anyone of the same dedication I forgot. You deserve great credit indeed. The following is all my humble opinion.
IF a delay happens this Friday, it will not mean what that anything has fallen through IMHO. Just fine tuning the details. Panic sellers are not true longs anyways. Do people really think the court and parties involved want to drag this out? Rosen saying that equity will now participate was the game changer. Everything else is noise. Period.
My guess at what was shown in chambers that fateful day and sealed were trading records. It had to be demonstrable and irrefutable proof, and numbers are that. And boy what they may have revealed! Thus Sussman's confidence from then on.
I also believe numbers for settlement have been given since that date,as "take it or leave it", though Sussman deemed them too low and insulting. So to counter, POR 1 onwards were filed to counter the non acceptence. We must finally be close to a fair settlement for the EC to be satisfied IMHO with proposed POR 7. Negotiation changes don't happen overnight.
IMHO the naked shorts are real. Looking at the declared shorts means nothing.IMHO all this time has bought the naked shorts time to cover. Remember that equity was supposed to have no chance of recovery, and I bet many players played on that. Far more than gamers like us who stayed in against near zero odds. Only now shorts trying to negotiate equity in the new company to cover their bet IMHO.
Another reason IMHO to keep the share price low is probably to establish an exchange rate on equity participation in the settlement.
In all, I feel the bigger gains will be after the settlement is filed and made public. Do NOT think we dip below 11 cents. IMHO the next few days may be the last time for cheapies. Though daily every effort is made to separate retail from their shares. That is what this skewed trading has been all about. To frustrate RETAIL and gain shares for other parties IMHO.
Whatever the outcome, I am "holding for the gold". And if there is ANY justice in this horrific ordeal, we should see something fair.
Back to lurking. I will be silent again. ALL is my very humble opinion.
Cheers.
AI
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