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Friday, October 14, 2011 11:41:41 PM
No, not my take at all. If the new IPO has no value, what's it going to cost an MM to put shares into an existing shareholder's brokerage account? The new IPO, and shares distributed to existing SRSR shareholders has to be expensive enough for them to force a cover of not only of any existing SRSR naked short share positions, if one truly exists, but also cost the MMs to place shares of a newly created IPO into each shareholders account. IMO
Easy
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