coolnapz, from a trader's desk experience; what do
Post# of 39368
coolnapz, from a trader's desk experience; what do think the action will look like as the bears start to take cover? They have many outstanding FTD's. There is the typical T+3. Then the possibility of some physical certs that have actually been borrowed. Then the NSS phanthom shares that they need to justify with physical certificates. Will the catalysts you mention really choke them into covering 6 year old ARGY and TECO NSS'd FTD's while paying whatever for our certificates? I assume the hedgefunds don't completely cover but continue to have their broker friends manipulate the backroom ledgers. If they were to cover all FTD's then with 80mm+ FTD's; the "squeeze" would be historical and the PPS could possibly pass $1 on that alone and based on what I've seen on other squeezes.
As you know this is why Ihub has such desperate style posts from Geo, Investtoski, tdbowie, and the rest of them and to the point of idiotic. Every aspect of Treaty is questionable in their eyes which is their make over and the fascade they want to make as public as possible. They come off soooo desperate! All they have to work with is "uncertainty" and "doubt" which can easily be overridden with explanation Facebook, PR's, etc. They know the longs are fearless at this point and continue to buy so "fear" is out of the question except for maybe a few low volume newbies. I remember when I was new to this game that I would have my days of fear or doubt when reading their crap. Now I laugh and enjoy the rhetoric.