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Post by stevpot99 on Jul 15, 2004 0:48:37 GMT -5
Pal Talk: Sterling, the amount the MMs will lose depends on how much inventory they have (double shorted to sell later) and the profits they have made already shorting it down from a higher level. So he's not sure what the short is.
The bomb drops soon. The lawyer will get it done and leave, he's been around a while longer than most think. A lot of preparations have been completed, so it will happen soon. Glenn doesn't want things to drag on, thus today's news. Lots of subliminal HINTS.
No reverse split will happen, if he had intentions UC would have already done it. His family and friends are deeply invested in this stock.
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Post by stevpot99 on Jul 15, 2004 0:51:15 GMT -5
Msg. 41318 of 41340 Jump to msg. # Pal Talk: This PR was put out because it's time to move. Something huge is going to be announced soon. It will be tied in with the marketing campaign. Racing is the marketing side, but it's not the important thing to focus on, CMKM Diamonds is the focus.
If a tender offer is made the MMs know they'll be in trouble, that's why they are trying to hurry up and cover. They will keep the price suppressed until they have double covered in order to have inventory to sell later. The MMs may be shorting for clients or for themselves. Very few MMS have budged from their place.
CMKM Diamonds is being marketed so a new ticker can be used for the new exchange?
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