RE: If it was material5 Feb 2025 18:26
... but it doesn't saying anything about having accounts transferred. one would think, instead of telling users to close their accounts it would be simple to state 'do nothing and all monies wil be transferred to GS20'. but it didn't say that... are all the users supposed to work that out for themselves?
the rampers (and those who are in too deep to get out) just state 'in BoD we trust', as if they issue all the necessary info that's legally required.
all well and good. EXCEPT, retailers hold 70% of all shares, hold more, as a whole, than BoD. yet they are fine with releasing damaging news without explaining the consequences... and here we have large pi's guessing at to the consequences, primarily because they know they can't sell all their holdings, even if they wanted to (i'm sure they don't).
and, in spite of all the 'news' there's still churn... 1.7 seems to be the new support... i doubt there'll be news forthcoming, beyond an rns so it'll be left to the bored optimists or a slight recover to do another Tuesday and everyone just hopes that the bake news is nothing of consequence. (but it's still crap to leave bake making comments that only explain how to close your accounts in the coming months.)