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TEX

06/16/08 1:17 PM

#486 RE: Sportsjunkie #485

OK...well, hence my inability to understand "gimmick" and "loophole."

I for one would never sell "fronted shares," precisely because of scam-boyz like Drage. Apparently, it's gonna take awhile for authorities to catch up with him and his ilk...

I have no idea about the bid...If "Mr Henry" indeed sold his fronted shares as claimed, I think he sold too low. Based on the reverse ratio, this should have showed $45 as last trade...
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Ryan Industries

06/16/08 1:17 PM

#487 RE: Sportsjunkie #485

someone already posted they were able to sell (short) at $15. that means that there was a buyer there. we all saw the trade.

it may be a thin market. it may have limited interest. but it's got a bid. it's got an ask. and that, by definition, is a market.

the company botched the handoff of the DTIC shell without an announcement of news and a roundup provision that encouraged MANY buyers who would instinctively be LOOKING for news.

to blame traders for.. being here? .. is a very sophomoric stance if that is, in fact, the stance of the company.

to give even a crude update as to what the process may be moving forward.. two or three weeks now into the merger.. should be a given.

we don't want the moon, just a little slice of cheese from it. people are patient. sending surrogates to a message board, though, to kill excitement and expectations is a whole 'nother story.