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Re: eelfland post# 40956

Thursday, 05/03/2007 12:13:27 PM

Thursday, May 03, 2007 12:13:27 PM

Post# of 63795
I've seen it several times (although not with a change in the shares being delivered). Even if the SSTP shares were delivered, the pps would drop by the value being received.

The pps will drop in half, but, remember it's the MMs who control the price. If they have massive orders from short covering, the pps may open unchanged or even rise.

IOW, hang on to your hat: better still, your wallet.

Dino