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Re: jimmym4 post# 336705

Friday, 10/12/2012 12:03:21 PM

Friday, October 12, 2012 12:03:21 PM

Post# of 358431
So, you figuring anything out yet?

Many naively hoped that having destroyed the Bulletin Board, the pigs would be satiated. The facts are just the opposite. Wasn't it enough that no type of funding was left from institutional sources that wasn't a PIPE format? Were there ever any PIPES deals that were not shorted, the vast majority before they were even offered, much less closed? Reports on PIPES reflect this crisis. Rodman was one of the biggest PIPES players, but they stopped doing these deals with minor exceptions many months ago.



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