Rambus (RMBS)

[msaba]

Hi Skeptic,

Sometimes I think you are trying too hard to live up to the name "skeptic".

There will be a market, with buyers and sellers. Ask youself, in the event of a settlement, WHO is going to sell at 40 or 50 dollars. Some will want to buy, even us ALL IN people, will find a car or a shirt to sell so that we can buy more at 40 and 50. Some of us will borrow (margin) to buy. But there will be NO sellers. The buyers, including the covering shorts, will bid higher, they will say OK how about 60. But no sellers yet. At some price, there will be buyers and sellers. RMBS will undoubtedly OVERSHOOT by some 20 to 40%, and then settle down at whatever its "value" is.