The question then is, how do they benefit from people selling? Back to unregistered shares/naked shorting? Its crazy that even until today I'm still trying to understand what happened. It all seems to indicated that unregistered shares/naked shorting took place but i'm still not clear as to the role of each party in this mess.
If we are correct in the assumption of unregistered shares/naked shorting, then I'm confused as to why Etrade released the dividend just now (and I doubt its fear legal action by shareholders and I presume Etrade was equally involved in whatever transpired). If they've covered why would bashing continue? Are we really about to take the position that they were just being careful?
If CRGP was allowing them to cover at a price, a reasonable settlement scenario, then it would make sense that COR would want people to sell. Could it be that settlement required first the release of the first dividend? This is too much speculation for my taste but anyone with some organized thoughts please feel free to comment.
ALL IMHO
If we are correct in the assumption of unregistered shares/naked shorting, then I'm confused as to why Etrade released the dividend just now (and I doubt its fear legal action by shareholders and I presume Etrade was equally involved in whatever transpired). If they've covered why would bashing continue? Are we really about to take the position that they were just being careful?
If CRGP was allowing them to cover at a price, a reasonable settlement scenario, then it would make sense that COR would want people to sell. Could it be that settlement required first the release of the first dividend? This is too much speculation for my taste but anyone with some organized thoughts please feel free to comment.
ALL IMHO
Calissio Resources Group, Inc. (CRGP) Stock Research Links
PLEASE READ IF YOU READ MY POSTS
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
