This release explains price and volume rise Tuesday.
Brokerage Houses, regulators, lawyers please correct me if i am wrong on any points.
It is obvious that the smart brokers new the March 22 record date and bought extra shares at around $3.07-3.15 prior to this date to be put up for sale at a premium.
As the day of reckoning approached, rumours started a flying of course, they said, we can unwind your short position and transfer you some shares or if you don't own any yet, we can sell you some shares so that you can get shares in Diamondex the new company, however, the Tuesday premium for this is half a buck extra, so they had to pay $3.50-$3.60 per share. This was augmented thanks to well placed weekend Rumours, RED's Internet hype and brokerage house hype later the next day quoting Red and whoever they could pin a rumour on but not themselves.
Ha, what a great play for a few days, wish I had known this date like the brokerage houses do. We actually tried to find it out, but never really did get an answer after all they just want to keep us small retail guys in the dark. This is what I hate about the brokerage and stock industry regulators. They seem to make the rules and dates up as they go along to suit their convenience and to keep the few wealthy. How come we are not given advance notice.
I AM DISGUSTED WITH YOU B___TARDS!!! I feel sorry for anyone who is potentially short two stocks or will not get their new shares because they bought a day late, because there was no prior date notice (there was notice, but it was not clear and in the beginning, I thought the filing was already done, when I was not sure i tried to get the info and was stonewalled).
Now what if a pipe is discovered on Hilltop?
Why would anyone buy Winspear shares currently trading when they will not get any Hilltop property?
Obviously exactly for this reason, there would be no news about a major discovery at either Snap or Hilltop until this important paperwork was complete, but especially if there was a discovery at Hilltop.
Red is prob. right, news is imminent. Corporate restructuring and brokerage swindling is now complete.
Thus, I believe that the rise Tuesday was therefore a planned false start for which the brokerage heavy weights were in on. I now believe there is a major discovery about to take place at Hilltop as I suspected a long time ago and for which I posted my speculation prior to all and now the news can come out. It will be rolled into new company. Snap cone sheet must be for sale, the jewels will be in the new company with almost no shares outstanding.
In no way I am critisizing Randy T or Winspear Mgt. They are doing an incredible job and playing the rules properly. I just wish the regulators would treat us retailers and post notice information and rules and dates regarding corporate restructuring for the benefit of us small retail guys.
BILECKI
Have stock prior to critical date, but not enough, would have bought more prior to crunch date if i had been given notice. This retail investor is Very p_ssed off.
RED: Do you feel used?
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