re: #62 Dangerman

i must be missing something because i dont see how this could possible work.

tfg has so many shares it’ll be a question of whether he wants to control this loser company or milk it and get out (like the casinos).
he’s got so damned many shares maybe he doesnt care and it’s just liquidating cash flow to him - that’s the grift.

others keep buying right now but they dont have that many outstanding shares overall.
yes this pushes the market price up, but *currently* it does nothing for tfg right now.

in september he can start to sell and say he does

if the price is still higher than his basis, then he’ll make some gains on the initial sales sure.
if he tries to sell *a lot* and quickly, the market price will plummet and he will start to sell at a loss.
(again it’s still a lot of dollars so does he care?)

the only way this works as influence buying is when the price plummets, then these ‘others’ have to start buying at that lower price to prop it back up again

he gets his cash and capital gains

they have a mixed portfolio of the original high buys and low buys.
if they try to sell they will take some losses

the only way this convoluted thing works is *when* he sells *then* they start buying to keep the price from essentially going to zero.

this whole thing is way too convoluted and i still dont see the brilliance in how this would work or why as ‘money laundering’

more than likely the price bounced because of the short seller squeeze. not some conspiratorial plot.

Think of it as a way to hide support to Trump’s election chances. Keeping the junk stock from collapsing before November might take periodic bumps of cash, much of which can be recovered in subsequent trades. The profit potential is not there, and rational investors wouldn’t buy a stock whose auditors have just been shut down.