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Re: momentumtrader post# 769

Thursday, 05/24/2007 3:15:15 PM

Thursday, May 24, 2007 3:15:15 PM

Post# of 2353
momentumtrader

You mentioned that you estimate between 2.5-3B naked short positions in ISYX, which is many times over the float.

First of all, this has to be illegal. Second, what can be done to force them to cover? What's to say that they just keep on shorting, with no intention of ever covering?