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Re: ypg11111 post# 4850

Tuesday, 11/13/2012 7:40:58 AM

Tuesday, November 13, 2012 7:40:58 AM

Post# of 5898
Not going to happen, Repo Man printed nearly 1 billion shares in less than two months during the selling period. If F..Ads has been set up with DTCC in the FAST system, it takes one day for the shares to go from a board resolution on his night stand to cleared shares in his brokerage account ready for sale.

If he is not set up in FAST with DTCC, it takes 3 to 5 weeks to clear a paper cert, and someone like B. Kay at West America down the road from Julian might short for a Repo Man against a clearing cert.

For now, 4 more billion shares to sell.
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