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Re: Razorbucks post# 2546

Friday, 05/05/2006 12:56:44 PM

Friday, May 05, 2006 12:56:44 PM

Post# of 35788
Nosey now I think I see the confusion here. You are talking about a naked short who never actually borowed the real shares in the first place not a legitimate short who borrowed real shares.

If you borrow real shares and hold them on 5-19-06 then you do get tyche shares (because you are the owner on record that day)and you would in theory have to also hand over those shares when you return the borrowed shares as opposed to pocketing the free tyche shares.

If you are a naked short then you dont really own shares and you dont really get Tyche shares on the 19th because you are not a real owner of record on that date. So of course it would be impossible to return something you never got.

That is a rather complex issue.





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