Tuesday, August 01, 2006 8:07:21 PM
sell a share that does not exist it is a fail.
but as long as the borrow pool is full it can be technically locted to borrow.
the fail sits in my account for 13 days as a marker
that share that failed is still a marker in my account guess what.
that marker gets reported as a share to the borrow pool eligable to be borrowed
even though it really does not exist because it is a journal entry it shows up as a share in the borrow pool.
a never ending supply of shares
until the cycle is interrupted.
hault,
cert pull
cusip change
dividend
etc.
pain is a great motivator.
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