Replies to post #21763 on Protective Capital Structures Corp. (fka PCSO)

[Renee]

Hotdog ....my thoughts align with yours , that Carol looks better in a skirt than you , LOL , and that HCPC had the perfect opportunity to buy back buckets of shares at .0001 ( or less if the MM's were gracious ) , and buying over the last week during the no-bid campaign .

Renee ( DDG in a skirt , IMHO )

[RizZo]

Good point Hotdog. Hcpc might have bought back some but Retail was in the mix as some were adding big.

jmpo

[DEMO P2]

i added 50MM yesterday and a final 10MM today. some of us were buying heavy as well.

cash

[rolo731]

That's a question I've always had. Are the MM's required to place buyback stock @ the bid price or ask price. If all of it was done at the ask price, the large increase in volume could be legally misconstrued as manipulation by the company. Therefore, I assume any buyback of stock would be executed so that it would not create a run. Just wondering - RTB

[stervc]

Hotdog1012, with the HCPC volume today/yesterday...

With the upcoming HCPC buyback, if I had to guess, I think a certain amount of shares were already bought back today immediately after the news.

I think the volume yesterday was mostly retail, but retail by those in the know to be used as personal leverage behind the scenes. Some of yesterday’s volume could have been the company buying back shares too since they did officially announce the closing of the first loan of $808,000,000 taking place on 22 Feb 08. This means that they could have bought back yesterday… $808,000.00 x .35 x .05 = $14,140.00 worth of shares at .0001 totalling 141,400,000 shares bought back this past Monday.

I think the volume today (Tuesday/yesterday) could have been from HCPC buying back shares immediately after the news was officially announced of the closing of the $10,307,000.00 transaction. I think you know the flow from here from doing the rest of the math. I think we can probably expect to see some huge volume from retail investors buying back shares and from the company buying back shares.

I think Carol wanted to do as she had everything on record for key regulatory authorities to see that she stuck to what she had mentioned to publicly do which was to first close the loans then to use a certain amount to buyback shares and not buyback shares first and then announce the closing of the loans. Such would have brought too much of the wrong attention.

Again, I really don't think that Carol would have bought shares before making the announcement of a loan closing to risk not being able to "officially" justify a certain amount for the books/records. With the events of what have recently transpired, it would not surprise me to see a PR tomorrow or in the very near future stating that HCPC has bought back a hundred to a few hundred million shares or so.

v/r
Sterling