Tuesday, December 06, 2011 11:28:23 AM
504 are now an instant trip to the chiller. Just like R/S, and no reporting.
I spoke with Val about 504s and he comfirmed he did, this year. Its what got us in this mess with the T4T, but the good news, we all know now. I've got this in 4 others I play. Its new and very much real. If your Pink play is prone to any Rinse and repaet R/S and redilution, Its toast. It won't last long. Any nonreporting and current Pink will be canned. Any 504 will chill ya. This is all new and part of the game rules Pension has decided to make up. Its freally btheirs amnd the DTCC game to make up the rules. No CEO has a chance with those guys.
I don't think Val will ever touch anymore 504s again. Trust me.
And no need to add 'JMHO'
I've talked with him. Talked with him about going to the Franfurder exchange and side step all this. Hes was way ahead of me and already explored the Pros and Cons. That deal has been closed. Too many already flooded over there and the fees have sky rocketed.
The best thing Val can do today other than scoreing funding news, is get current and reporting. That will do most for us.
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