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janice shell

06/20/04 9:21 PM

#34407 RE: end2war #34240

Not possible.

IMO there are some death spiral plays that are possible using an organized attack of naked shorting by a business(es) with sufficient capital, such as a MM or Hedge Fund working alone or in combination...

At least it isn't unless you assume Urbie's a part of it. Death spiral deals require that toxic paper be issued. BY THE COMPANY.

If UC has been selling stock he "prints" in the hundereds of Billions of shares, and if there are no naked shorts contributing to this volume, then who is buying the stock...? Months ago, when this board tried to count totals held by us "investors", we could account for a few billion shares... but we have seen several 15 Billion share days lately... who buys those amounts?

People like you guys. This is the biggest promotion I've ever seen. There are "investors" all over the world. Don't forget: no doubt a lot of the volume can be attributed to flippers, and to MMs buying and selling inventory from/to other MMs.

f there are one or more players that have inside info about FLAC, such as DeBeers, that buy all the stock because they want control of CMKX...

Highly unlikely, imo.