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meikodog

09/18/10 2:06 PM

#55588 RE: Hawkeiz #55587

'anomalies' lol, think there will be any?
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Emerson0420

09/18/10 2:09 PM

#55590 RE: Hawkeiz #55587

Another possible option is.

MM's cover some of the shares each quarter and keep paying the dividend. Until there fully covered. I don't know if they are going to 100% fold for this dividend. They have a full quarter after the 30th to steal shares.

Trying to have a normal discussion. We have not really entertained the possibility that they will partially cover and then keep playing games. Eventually they will have to completely cover but what happens next quarter if they do not? Any ideas?
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investor_2009

09/18/10 2:58 PM

#55613 RE: Hawkeiz #55587

People have tried to compate the cost-benefit of MMs coming up with the dividend vs. covering. I think its more that that. When the transfer agent does an audit, most probably they would also be able to find out which MMs are into Naked shorting. Considering that NSS is illegal, I think this is like a indirect threat to the MMs. That's just my thought. Could be completely wrong though. But which MM would like to the threat of a SEC probe? They would rather cover the shorts at whatever price that may be, and never look back at EIGH. Which means, dont give your shares easily. Let them scramble like mad.