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MFridge

02/02/11 6:42 PM

#70155 RE: lemon #70154

"Would they loose if Paychest became successfull?"

I'd love to see any feasible argument for the idea that a market maker like Knight could be brought down (financially and criminally) by shorting a non-reporting company like PYCT.

Feasible means the nonsense about a 4 year plan to burn the shorts is excluded. ;-) Market makers make tons of money in legitimate ways day in and day out- with big board and pinks. They don't need to worry about PYCT.

The fact that there's only 2 or 3 people here in a world of about 6.9 billion people that seem to think so it rather telling. ;-)
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poopscooper

02/02/11 11:37 PM

#70162 RE: lemon #70154

If the lawsuit was to shut down Pyct then all they would have to do is not accept 25000 settlement...and pyct is gone

Instead they give it another year lifeline to pay the remaining amount owed on the 25K...

Nice guys I say...maybe they wanted another year or so to short more paper.