Mark but there are bonafide problems with the trading in CMKX. The JEFF letter, the o/s and the lack of filings. The Frizzell request was, in his words, to protect/provide answers to shareholders (in what appears to be a scam). The shareholders in this type of situation should be given this info. But what do I know. Regardless of the known risk when you/I purchase a pinky, info should be available. Besides the fact the UC dumped 500 billion shares there were MMs or whoever that were supplying these shares to retail investors. These people who were selling the 500 billion shares should be somehow held accountable. If I remember correctly JeFFs letter showed a lot of buys were not reported in that stretch, buys by JEFF are sells by a big holder/insider/CD. These trades not hitting the tape made it appear on L/2 that no one was selling hence making people buy more when actually insiders were dumping.This not hitting the tape is very unnerving for me, we the small investor are up against enough barriers, more should not be created.
However there are always 3 sides to a story your side, my side and the truth. We are not privy to the truth i.e. trading records.
3am in the morning this coffee is good.
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