Replies to post #44413 on California Grapes International, Inc (CAGR)

[RustyBucksRanch]

Let's play a scenario here and hear the opinions of it from both the longs and the doomsday cheerleaders.

The TA is gagged. The CUSIP number is changing. The CUSIP has to change because of the merger. Once the CUSIP change is filed the whole process takes about 3 weeks or less from the T/A notification to the street names the shares are held in. IF their requests for the replacement shares exceeds the legal amount of shares that should be on the street. (see my previous post for details: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64902378 ) they have to correct that imbalance.

Now, IF there are SHORTS and they can't get actual current numbers of just how many shares are legal and how many may need to be covered because the TA is gagged... Well then, doesn't that put them holding a bag of mess when the TA is not gagged 4 weeks later (August 1st)? My guess is there will be a frantic covering of short shares when the numbers hit the street names that the shares are held in and there is FORCED covering.

Just sayin'... what are your personal thoughts here?