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To: Milk who wrote (3789)4/17/1998 2:05:00 AM
From: TraderGreg  Respond to of 6654
 
To borrow Michael's gambling analogy:

Would he play roulette in Vegas if, while the ball is spinning around the wheel, the pit boss says that the payoffs have been cut from even money to 1/4 or 1/40 or 1/300 of the original?

The reason the thread was so ticked at the prospect of a reverse is because historically, huge reverses always screw the existing shareholder base...always.

I may love The Donald's casinos,. but if one of his dealers cheats me, I still have a right to be pissed and seek restitution.

We are to commend K for the leg work he did to give these tire and oil twits some pause before they ram it up where the sun don't shine.

Personally, whether they proposed this as a scare to buy shares for themselves cheap or they proposed it because they are greedy or simply idiots doesn't matter, I prefer to not be an investor at this time.

TG



To: Milk who wrote (3789)4/17/1998 2:34:00 AM
From: Ricstar  Respond to of 6654
 
Such a "wonderful" post, but it assumes that the "die are all straight" and the pit boss is fair and reasonable. What if the "die" aren't straight and the pit boss and the casino owners are laughing all the way to the bank. Then it's time to tip the tables. That's what we want to find out. I say keep the pressure up. The 300-1 reverse suggests to me that the dice are loaded and the dealer isn't entirely straight.


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