SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Amazon Natural (AZNT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bmart who wrote (1728)8/25/1998 11:39:00 PM
From: jhild  Read Replies (1) of 26163
 
So let's see here Rubie, let's use your numbers:

You claim there is 8 Million shares outstanding after "THE PURGE". I got that.

And there will be 2M shares that will have to be bought at a sawbuck a share as part of THE PURGE or it's the BIG HOUSE for them. OK, I got that now too.

So after the dust settles those shorts will have been forced to cover. Right? Where once there was 10M shares owned in the market there will now be 8M shares again. I got that.

So the shareholders of 2M of those shares will divvy up that $20M windfall. And the shareholders of the other 6M will have the satisfaction of standing tall and breaking the backs of those cursed shorts. That would seem to be the result of your scenario.

I would suggest that it is too bad they won't get any of that $20M though. They will just be stuck with their proper shareholder value, eh?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext