Time for some more of my ethical bullshit. Some of you may have made money off the IOC call. This will be harder to game. But I will try to point out to you the problem with all the fast money and illegal games that the SEC doesn't seem to want to stop. Bank United. Read this. http://biz.yahoo.com/bw/080618/20080618006426.html?.v=1 Price of the stock at the time of the release was $3.50. Now: http://stockcharts.com/charts/gallery.html?bkuna $1.34 The stock has been on the Reg Sho list for 103 days. Obviously, for you guys that PM me and ask how it works, they shorted the hell out of the stock in anticipation of getting stock from the company. Now, the company will have to sell three times the stock to get the 400 mm. There's a kicker at the end of this. Get away from the "oh, they're all shit companies," argument. Is it ethical to naked short, which is illegal, this company that is starving for dollars? The proof of the pudding will be about in four months. The SEC releases aggregate data well after the fact. I'll bet Baron's bottom dollar you'll see huge fails these past four days. Now, the kicker. Institutions are not participating here, and they are widely speculating the deal fails. If that happens, you might get a short squeeze. However, if it fails, they will look at this a s a signal all these small banks will be capital starved. Small banks will drop like Father Bob's drawers at the Kiddie Hop. And you guys idolize the 25% a year crowd. This is how they do it. Just like the street hooker bringing back a wad of cas h for pimp daddy. Wake up folks. They'll steal the gold from Grandma's teeth. As always, when I do my 'etical bullshit' routine, I have no position. Post script. Behind the squiggles, there are employees, depositors, businesses depending on the bank, the banks employees. Maybe we all deserve what we get. Half over? I think not.