Thursday, December 21, 2006 10:52:49 PM
The DTCC is going to distribute them out to the brokerage firms of EQBM record holders.
How are they going to distribute the D/W's to an additional 118+ Million phantom OR legally shorted shares that are in retail accounts??
The point here is that when the DTCC identifies this inaccurate accounting, it should seek to rectify the situation. If it is a NS, then they are in BIG trouble. If it is legal shorts, then they owe the D/W's to the rightfull shareholders they borrowed the shares from, in order to short it.
Even IF for some reason we don't get a squeeze (?), I still see EQBM moving up as Dalian and other "strategic deals" that are/have been announced, come to close.
There really is no reason for EQBM to continue to go down, since we have held this SP range since July. If anything, EQBM should be going up in anticipation of Dalian closing in just a couple weeks or so.
Patiencepays0
ALL Penny stocks are RISKY!!
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