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Strategies & Market Trends : Benchpress550's bathroom -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (64)	5/19/2002 8:10:45 PM
From: benchpress550	Read Replies (1) \| Respond to of 180

Bp's Hope theory on how to make a squeeze play with a 98.3 million float.(i might be consumming fruit drinks that might be spiked with something) 1. Have 3.52(3.5) million shares short on April 8, 2002. 2. Have net inside buying 8.54 of the float. 3. Have 40% of the float controled by big institutionals. biz.yahoo.com 4. Have several means of telling the Joe q public that this a scam and is bad...(guessing another 8-10 float over a weeks time) best guess that is around 58ish million float controled 5. Get several hedge funds to buy 10 million shares for a short squeeze. 6. Have little numbers like this in aug 10 Q. "The Company purchases CMBS at an approximate discount of 50% from the face amount of the bonds. During the second quarter of 2001, the Company purchased $54.9 million in CMBS with a face value of $95.6 million and a weighted average yield to maturity of 14.9% after assuming a 1% loss rate on the underlying collateral mortgage pool. During the six months ended June 30, 2001 the Company purchased $159.3 million in CMBS with a face value of $277.9 million. In addition, the Company purchased $24.6 million in non-investment grade securities related to a collateralized debt issuance secured by CMBS and investment grade real estate investment trust bonds. The weighted average yield to maturity on purchases made during the first six months of 2001 is 15.6% after assuming a 1% loss rate on the underlying collateral mortgage pool. During 2000, the Company purchased $124.3 million in CMBS with a face amount of $244.6 million and a weighted average yield to maturity of 14.7% after assuming a 1% loss rate on the underlying collateral mortgage pool.