So Basically , let's Inform the SEC of something
Yeah it would be sumpthin...
SH: TDA and other brokers are soliciting SHs for their KMAG shares, on behalf of a 3rd party.
SEC: Your evidence for this occurring?
SH: I read it on an Internet forum!
SEC: Anything else?
SH: Yeah, the brokers are trying to buy shares so known naked short sellers in Germany can cover.
SEC: How is this known?
SH: I read it on an Internet forum!
SEC (click).
SH: You dirty crooks! You hung up on me! It's a conspiracy!!!
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Guess TK, they could then call the OIG. Wonder how one would document a conspiracy with Internet posts? LOL
Meanwhile in the real world "mini-tenders" are announced to the market. So that ANY SH can participate at the announced price if they wish. I suspect any broker participating in offering an unknown "mini-tender" to select SHs, at a +80% premium off market to the going market price, would be in deep doo-doo. Still waiting on the SEC to confirm the magic question(s) I asked them. Snails could respond faster.