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ROADRAGE

03/14/14 6:00 PM

#155857 RE: Texbanker #155853

Tex: I thought about that a year or so ago and it seems to me the brokers would come out better (financially) by encouraging the SEC and others to put it back on the board.

Keep in mind that I'm not a financial weenie, I'm just a guy that's burned too many brain cells on this mess:

The downside: Every day-trader on the planet is watching and begging for a chance to play. Obviously this will contribute to the short squeeze of a lifetime (betcha haven't heard that before) - Two independent (and paid) financial analysts ran the numbers on this (about) 2 years ago and those numbers were mind boggling. We all know there's no mathematical equation that can predict these numbers, they basically used empirical data,,, and SWAG (Scientific Wild Ass Guess). AND I'll bet they're close.

The upside: The brokers have the knowledge, technology and moral turpitude to play this in there favor. In a nutshell; they can manipulate trading over a period of time that will allow them to buy relatively cheap, sell a few while the price runs, drive (manipulate) the price back down, buy more, etc. . . With many brokers and MM's helping each other, they could rather quickly buy back their short and wash their hands of the whole deal.

They would save coin and face by choosing this route - Again, I'm just a guy.
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ROADRAGE

03/14/14 6:41 PM

#155858 RE: Texbanker #155853

Oh Tex, one more thing: There is NO global lock on BCIT - Go to UBS's site and take a look,,, ain't there.
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ohbull2000

06/19/14 5:56 PM

#156325 RE: Texbanker #155853

True Tex...

8 years ago; one of the few times JS and I agreed. The MO decision has changed things a bit me thinks.