This is how I see it NITE traded 102 Billion shares in 2009, and 20% of those 102 Billion shares traded were HESG.
Well if you want to know the exact figure 21,362,816,942 shares of HESG was traded through NITE - Knight Capital Americas, L.P.
I was referring to the statement that..
Trades are trades. They are not "assets".
But if those 54Billion trades don't just disappear?
"Absolutely not"
I was just Quoting this statement were it states...
"These massive naked short positions need to be looked upon as huge assets that need to be developed."
I included the information on Cellar Boxing, so you would know where the opinion was pulled from.
So these trades, positions, assets, whatever you would like to call them.... are not assets of the company who purchase's the shell that has been naked shorted. Again what ever terminology that pleases you Air Shares, Phantom Shares... But shares that do not exist and must be accounted for if there are shareholders claiming the rights to the same non existing shares.
So if the "trades" and "positions" do not disappears when a company purchases a shell... How do they get accounted for and who do they collect these "assets' from?