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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 670.31

-1.1%

Nov 6 4:00 PM EST

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To: Johnny Canuck who wrote (43024)	2/9/2006 9:40:11 AM
From: gg cox	Read Replies (1) of 67725

It is a laugh how casually 628 million shares can be created, diluting the already absurd 4. 3 billion outstanding.Total outstanding after this event ...over 5 BILLION.The Canada pension plan will cut in on this but it does not look like a good deal for us, the owners of the plan nor for the other pension plans.As to individual owners who are affected ...Good luck!Have any of these corporate greed mongers gone to jail yet??? Excerpt.. ""Under the Nortel deal, the more than 628 million shares to be issued will represent 14.5 per cent of the company's stock, potentially depressing its price. "I think these class-action lawsuits, where shareholders are suing themselves, are a great fraud against investors and benefit nobody but lawyers," said Bill Holland, chief executive officer of CI Financial Inc. "Who's paying it? It's not the management. The absurdity of it is truly mind-boggling."

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