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Message: Couple of things...

Couple of things...

posted on Mar 30, 2005 07:21AM
First, for Crazyman I think: Pacific Blue is a sub of Virgin Blue. Virgin Blue may have 49 planes, but Pacific Blue only has three. 60 units plus 50%/30 in rotation per plane. Call it 300 units.

HRH and others concerned about naked shorts. I tend to agree with LL on this; it`s like getting overly concerned about the Second Coming. IMO it doesn`t matter where/how you hold your shares. Naked shorts are phantom shares, not your shares. They don`t exist. They aren`t leveraging against your shares, they`re leveraging against imaginary shares. As for being able to react with your shares should things go haywire; do you really think your shares would get fair trading treatment with the trades of the naked shorts operating in collusion with the same MMs your broker uses? Not a chance! Bottom line IMO, if there is a naked short conspiracy, we are indeed doomed and there is nothing you can do about it, except sell. NOW do you see why some of us get a little up tight about others promoting this idea? It`s worse than bashing. It comes across as blatantly trying to scare the crap out of EDIG investors.

There IMO is zero evidence that this is happening. If it were, we would not be upset about what happened to 7 or even 70 million shares. We`d be wondering about 700 million EDIG shares. The strategy would have already been fully executed, or well underway, as I`m certain that they`d do it in weeks/months, not years (look to known examples), because the longer they take, the greater the risk to them. And again, EDIG is NOT a great candidate as a target (compared to thousands of other stocks). We have building success and the real possibility of breakout news at any time.

And that`s the last time I`m going off on why I don`t think naked shorting is happening to EDIG. HRH seems to want to keep talking about it, but I`ve posted this stuff a few times now and it hasn`t taken root. But the specter seems to have taken root, with zero evidence or logic to back it up. So if YOU really want to worry about it, go right ahead! But please stop bringing it up like it`s real or possible when it appears so unlikely, and potentially scaring people out of their shares (now do you see why the ``motives`` issue arises?).

As for the six-pack Road Runner, I agree with LL (`69 preferred, but a `68/`70 or GTX would work). 390 horse out of the box! But that`ll be AFTER a `69 Z/28 RS, a `70 Ram Air IV Judge, and a `71 Boss 351 (though I`d settle for a Shelby)! Maybe we should start a forum on post-EDIG garage fillers!

All these things I KNOW! (pretty easy to KNOW one`s own opinion!).

SGE

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