Simple, what is left for other deserving NSS victims and probably even a full FFGO payout?? The DTCC. The DTCC is supposed to backstop the brokers, clearinghouses, etc. much like the FDIC backstops checking and savings accounts at your local bank.
If $4 is the amount per share they have stolen then it is not a penalty at all. If it is $3, or $2 or 10 cents. The size of the price per share does not make it a penalty. You must believe that $4 per share far exceeds a simple repayment of funds and includes an extravagant repayment. That may be true. Or it may not be true.
I don't believe that everything is NSS. I do believe that the government data and behavior clearly points to NSS in FFGO. When you uncover "some" that you can see, it may be like an iceberg hiding much more below the surface that could really surprise you.
Greed has a clear stopping point. I will try to keep this as short as possible because it is a much longer conversation. It gets even longer when we are talking about individuals versus groups and institutions and laws. The CDO's and CDS's were a miscarriage of democracy in my view to grow from prime mortgages to subprime mortgages from more "reasonable" prime home "leverage" to huge subprime "overleveraged" home mortgages without a simple majority of people understanding and approving of this to happen. Let me put this a simpler way. Greed does not institutionalize a crime that steals from many other parties uninvolved in the transaction. Sacrifice is much more dangerous than greed, and it is more to blame for creating a "subprime" mortgage structure. I am not referring to the abuse of greed. These are concepts and definitions that are much longer conversation and would really change one's way of thinking if they really understood them. Sorry, I don't have the time.
Transparency. I would like to know the truth. I don't care about a secret shorty sting operation or such. Ofcourse, FFGO and NMGL should be more transparent in their operations after promising to provide cash dividends after the sale of gold mines. Failure to deliver that promise should provide another argument that transparency should be required. I am certainly not one of the Longs cheering over a Form 15. Sadly, I am so deprived of communication from the companies that I even look at this filing to not file as a positive that atleast the companies are still out there doing something and that there is still a chance of a dividend, however small that chance might be.
As far as DD being credible. The DD may be credible, but, the timing is way off. When your DD involves government action to become successful, then you have to assess your investment strategy. For me, FFGO is a grand slam type of proposition that could take a long while to happen if at all. As such, it occupies a very small part of my portfolio. I use more than half to score "singles" or "doubles" and small part to go for "triples" and "homers" and a small part to go for the FFGO type grand slam homer. (there's a peek LOL--I have got some men on base this year for sure--LOL.) Sometimes, the DD may be flawed. Sometimes, there is a conspiracy that may take years to unravel because the DD is spot on.
I, too, spend extra time on your posts. LOL.
