I think the most likely scenario is that people would crack and resubmit prior to selling.
We've seen a similar scenario play out over the not too distant past when SCDA (red labels) upped anchor and sold out to the bozo's with the blue SCDA labels (I don't even know if they are around). The original SCDA was pretty good, IMO...but their cards got beaten up in the market. You don't see them around much any more.
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