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dollarsandsense

12/02/08 5:20 PM

#28439 RE: rdailey4 #28437

i guess that all depends on how big the nss position is...
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Carpedeim357

12/02/08 7:11 PM

#28469 RE: rdailey4 #28437

RD if they can use this news to create a big run they will. They do like making money. Whatever they lose covering what the nss is now they profit a lot more with run to recover it. When div date is set brokers are going to force share delivery ASAP. They do not want to pay any clients accounts div. Look at what Happen June 23 and 24. It went from .004 close June 20 to high in 4's in 2 days. 10 times that fast. That was just on news of buyout before we even knew of div. When div is real and buyout final easy to see double that increase.

They will recover any nss loss with big run up and crash. That's what creates big crazy runs in pinks. As long as buying is coming in they will run this up until they find high enough price to crash it from. Watch how fast they have buyers chasing ask.