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Re: quantumdot post# 37157

Friday, 11/10/2006 1:40:11 PM

Friday, November 10, 2006 1:40:11 PM

Post# of 257266
>Given the absence of your usual "IMHO" can one assume that you did indeed go short THRM?<

Not yet. I don’t think the Federal Reserve permits shorting within 30 days of an IPO except by market makers. As mentioned in a prior post, the best time for shorting THRM may be just prior to the lockup expiration if the share price has not already collapsed. By then, shares for borrowing ought to be available.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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