Replies to post #12058 on AbitibiBowater, Inc. (fka ABWTQ)

[utmostbastard]

Yes, I think an entity/s stands to gain mucho $$$ from outstanding CDS positions.

I remember my initial buyin here resulted in me pounding ABLE on the offer. 5 days later this was back on the REG SHO list.

Steelhead IMO was routing through MAXM for the selling of position. They have been long gone since the walk down of the .34 run.

ABLE on the other hand seems to be working a hedge fund angle for a client IMO.

I would also venture to say that TDAmeritrade has a large short imbalance as they have been routing via ABLE for this security for quite some time.

Something has been suppressing the PPS intentionally. Hopefully we find out why soon.