|Way to go Bud Burrell!! Go get-them CMKX naked shortsellers!!|
CMKX: 465 Billion Shares in with a 2500 fax Backlog in the Owner's Group Box.
Location: Blogs Bud Burrell - Front and Center
Posted by: bburrell 3/15/2006 7:17 PM
The number keeps building. There are just under 466 Billion shares in the box so far at the counsel to the owners group, with an estimated 28% of shareholders in. There are over 2500 faxes of additional shares yet to be processed in the current backlog. Conservatively, let's hear it for 1.5 Trillion shares in total on an outstanding issued number of 100 Billion!
Perhaps Madame LeFarge will handle the insatiable monster with one tooth if it can hopefully be brought back. Better yet, let's let the Red Mafiya handle the collections, backed up by the Mossad. We will get back more than was stolen if either unit handles the collections in their own inimitable fashion.
I was once questioned about the wisdom of getting familiar with the shareholders of CMKX. I was right and the questioners were wrong. One crime doesn't excuse another. There may have been really disreputable behavior by management, but that doesn't excuse the conduct of the criminal naked short sellers. If this short breaks the back of the entire situation, which it could by itself, then every person who has been victimized owes them a debt of gratitude.
The twit at the SEC who came up with the concept of using the shorts as "Unregulated Policemen" should go to the head of the future headless line. It is doubtful that person is still at the SEC. He/She sounds like a political appointment, not a career civil servant, most certainly an attorney. For the latter status, maybe we can figure out a way to execute them twice.
I hope the CMKX shareholders' Owner's Group holds a mass rally in DC when they get their settlement, right outside the Congress. Headings for the signs they should carry will be easy to come up with.