Tiki here are the draw down amounts up to Feb. 15th 2007. Once the 1st quarter fins come out we should know the amount of the draw downs to the current quarter. imo
Posted by: NHred In reply to: None Date:6/4/2007 2:38:58 PM Post #of 53739
Does anybody read the filings? From the defin 14 posted on 02/15/07 GGI drew down 96 million shares total. Not 200 million or a billion. They drew down 86 million from 2006 to 1/14/07. Then from that date to 02/15/07 they drew down 13 million.
Its simple its a risk reward play, we think the risk is worth the reward. You ask questions with no answers, if we knew the answers there wouldnt be the risk but you also wouldnt get the reward.