BRIG: DrD and others speak of the nekkid mm's buying the divy shares to deliver. The UCAD div. is in resricted shares (ie: non-transferable, yes?). What will the mm's do, buy open mkt shares and stamp the legend on the ctf's themselves?
As an aside, I'm a little concerned about the other stories of UC striking some sort of "deal" to allow mm's to cover their shorts. Why? Just isn't the real world and oh BTW if the "deal" has any effect on the current mkt price, would smell to me as if this collusion/manipulation between issuer and market maker would not benefit me as a shareholder.
Maybe I just need another cup of coffee.
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