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Re: sometimes_right post# 22870

Monday, 12/11/2006 9:29:33 PM

Monday, December 11, 2006 9:29:33 PM

Post# of 115222
True. But remember that if they issue cash dividend, then MMs will be responsible for the dividends on the shorted shares too. IMO, they do not want to incur the dividend charges on borrowed shares. It's more like paying interest on a loan given to them by the brokers. Right now this stock is too hot for MMs to short, unless management comes up with a contradictory PR. Even the brokers panic when they hear the words "cash dividend" because if the MMs default, then the broker becomes resposible.