Seeking Alpha

Berkstock3 » Comments » Single Comment |

  • Wachovia's NovaStar Waivers: D-Day Delay? [View article]
    Herb,

    why do you care so much about Novastar staying alive. It's about a $40 million market cap company. Big deal right?

    My question to you is this. What about the shareholders?

    There are people holding NFI shares in retirement accounts that have their shares listed as "other."

    Why are they listed like this you may wonder. Because with about a 9 million share float and over 80% of the company float sold short there are not enough shares to go around even in retirement accounts.

    This should concern you enough to write about it if you believe in the Main Street shareholder and his/her protection.
    Dec 11 21:08 pm |Rating: 0 0
All Comments by Berkstock3 »
Comments by Ticker
Berkstock3's
Comments Stats
11 comments
Rating: 0 (0 - 0 )