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joye1

08/25/04 10:58 PM

#87092 RE: Good-Til-Cancelled #87089

GTC....

UCAD is an octbb stock. The MMs cannot legally naked short UCAD to cover the dividend for CMKX shareholders' accounts.

Joy
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Pedro2004

08/25/04 11:04 PM

#87095 RE: Good-Til-Cancelled #87089

'Good-Til-Cancelled'


Re: I understand your mathematics - and, like everyone else here, knows it's wrong. It's so drop dead simple that it's obvious to everyone that you are doing this incorrectly to mislead and pump.

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What area is wrong?

Or is what you stated your personal opinion.

You know how I feel about personal opinions.



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Re: Calculate whether it's cheaper for an MM to cover naked short shares of CMKX shares or just buy UCAD shares to cover the dividend.

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Using the hypothetical PPS of UCAD constant at $5.00
Using the hypothetical PPS of CMKX

0.0004 - Buy UCAD shares.
0.0003 - Buy UCAD Shares
0.0002 - Buy UCAD Shares
0.0001 - Buy UCAD Shares


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Re: Use any amount of NSS you like. Why not NSS UCAD and cover the dividend... It would save them loads of money...

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UCAD share tarding float consists of around five hundred thousand shares (500,000).

UCAD has more control on watching shares being traded.
Having low volume = more contraol
Should MM try to short, UCAD attorneys will ponce immediately.




Rumor has it that the MM's have already attempted to short UCAD.

PPS went from $7.00 to $5.00

UCAD attorneys jumped on MM's.
PPS stabalized at $5.00