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Re: immitt post# 37795

Sunday, 11/05/2006 5:32:53 PM

Sunday, November 05, 2006 5:32:53 PM

Post# of 76867
After the certs exchange every broker has to provide good shares to retail investors: moreover each broker is going to have a documented naked short position, so they cannot cheat.

I don't know when the deadline to cover the naked shorts is, after the completion of the certs exchange. Of course brokers are going to play with the nervous investors till the very last moment, before hitting the buy button.