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AlanC

02/23/12 8:19 PM

#195376 RE: SevenTenEleven #195373

The only lie in the FINRA short sales numbers for FFGO is that they are not high enough at 90%+. It is likely they should have been reported at 100% short sales since FINRA and the SEC both agree that UBSS and Credit Suisse were mismarking trades and calling short sales as long sales. So every share purchased by anyone who purchased FFGO shares since August of 2010 likely purchased non existant shares, almost 2 billion of them sold. On top of that we know the company complained about the fact that its shares were being naked shorted way back in 2005 and 2006.
Only the shorts know just how many shares in total they are short here but we all know the number is huge. I can certainly understand the panic about having the dividend payment date announced. Some folks are having sleepless nights no doubt. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!