the only thing worthwhile that frizzy could do, from his involvement, is to tell us the share numbers from the OBO/NOBO list
This would certainly be helpful. However, I HAVE learned things from his posts and exhibits which I had not seen previously, so I wouldn't call it the "only" thing.
this would shut the naysayers up, once and for all, regarding NSS
It wouldn't shut me up. My first reaction would be that there was a convertible debenture which no one knew about. My second reaction would be that there was unregistered stock which no one knew about. My third reaction would be that Mr. Casavant had simply exceeded the authorized. Well down on the list would be that there were unhedged short sales of a .0001 stock.
He just won't do that, for some reason
The reason he won't do it is that people start with assumptions and then gather data to prove their point. People shouldn't do it that way, but they do. I just did it in my response to your "shut the naysayers up" comment. My knee-jerk response was to look for data which fits my preconceived assumptions and only way down the list to consider that there might be a naked short position.
This problem of ignoring data is even more critical with stock selection. Even though I KNOW that I could improve my investment returns by reaching an "I was wrong" conclusion sooner, my instinctual response to new data is to make it fit my position. I have to force myself and my colleagues to give fair hearing to contrary points of view. Even with procedures in place to "guarantee" that we stay open-minded, the reality is that we don't, and we take a long time to accept data which contradicts our prejudices.
I happen to think that Mr. Frizzell is off his rocker as regards a naked short position. However, until I start doing a better job of shedding my preconceived opinions, I am reluctant to criticize Mr. Frizzell for doing the same.
AI
