Saturday, October 15, 2011 11:12:31 AM
prior to them trading"
At this point, any shares in a margin account are more like electronic IOUs.
That's where the problem will start, and "borrowed" shorts will need to be reconciled. The bigger problem (not for us lol) is if some hedge funds wrongly thought that this was just "another pinkie" that they would drive out of business by starving it's revenue source (shares) to such a low level they would never have to account for any "hidden" shares. The upcoming days of "reconciliation" for the "true" share count should be quite interesting as it unwinds month after month. I trust in what Scott and his advisors are doing. GLTA
Easy
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