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Re: bowman88 post# 243

Thursday, 07/05/2007 1:20:03 PM

Thursday, July 05, 2007 1:20:03 PM

Post# of 1278
Can't short penny stocks here in the U.S. many are done overseas. Hence it's not highly regualted and why there are what they call naked shorts. These are shorts that dont even borrow the shares, but are still allowed to short the stock. I believe there is a massive naked short position in this stock of 5M+