Post by
CrazyTrader on May 28, 2024 5:58pm
Only 10,000,000 "T" shares issued. How many outstanding who
knows? Even if all 10,000,000 were outstanding it would only cost $150,000,000 to buy them all back at current share price.
If I was Brookfield, I would test my theory and quietly buy 10,000,000 shares and see if I can buy one more, for a total of 10,000,001 shares.
Then call for redemption and start selling shares to shorts at $1000+ per share or more.
Comment by
pierrelebel on May 28, 2024 10:05pm
"I bet you would have sold," Of course not. On Dec 27 I purchased BPO.PR.T at $10.50 as reported on this board at the time. I did not sell when the shares went up to $15. You simply do not understand what short selling is all about and how it benefits the market over time. You are fighting the wrong war!
Comment by
CrazyTrader on May 29, 2024 9:33am
Pierre, you understand nothing, you don't have a clue what I'm saying.
Comment by
CrazyTrader on May 29, 2024 9:35am
And Pierre, you will never understand. That is who you are. Your wife must have said the same things to you as I do now.... But she no long does and she knows it's useless/pointless with you.
Comment by
SONOFFERGUS on May 29, 2024 1:00pm
"quietly buy 10,000,000 shares"