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Dead On Arrival

05/03/17 9:15 PM

#24066 RE: WisePolicalEconomist #24065

Wise, I seem to remember that there were threats against management although that was second hand info. I do remember seeing security at two of the meetings. I believe I attended three of the ASM's in Delaware. It was a mickey mouse show when Jim and Steve were hosting. Remember when Miller and Tom Z. took over one meeting as there was almost a mutiny.

Only reason I am back is because of the rep. of Lebby and the low risk/reward. It is a no brainer to take a flyer on the stock at these levels. Lebby's connections alone should have the stock trading at 3x this share price. Was talking to a friend who posts here and we were thinking the possibilities if we partner with a big name. Look the **** out.
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Dead On Arrival

05/03/17 9:38 PM

#24067 RE: WisePolicalEconomist #24065

Not many MM's left. The whole business changed early 2000 and a lot of independent traders and brokerage desks were shuttered. Now I think only the major desks make markets with Citadel and Nite being the dominant players. I will check with a sibling who are the players in LWLG.
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jeunke22

05/04/17 4:09 AM

#24073 RE: WisePolicalEconomist #24065

At the end of the day existing large holdings of shares need tot be secured to buy back shares to cover shorted positions. Question : Who's holdings are large enough to sell ( at a profit) or to be used as security for an attractive fee rto cover the shorts? I would not play this game without covering my back. Especially given the required legal delivery of shares at t+3.