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flipper44

02/29/16 7:20 PM

#55461 RE: Ready4bluesky #55459

Larry Smith stated:

If hedge funds can drive companies to a point where companies have to do a distressed financing at depressed prices, they can cause enormous dilution to shareholders while covering their short positions on equity offerings (this is illegal but is widely practiced) to their great benefit. -- Larry Smith



Ready, you wouldn't know anything about how hedge funds drive companies to the point they have to obtain distressed financing....of course not.