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Re: None

Thursday, 08/02/2007 10:48:35 AM

Thursday, August 02, 2007 10:48:35 AM

Post# of 27672
Argonath, attached below is your post from yesterday. You're saying that you weren't intending to predict a price rise due to new SHO regs and a Paivis short position by Sept. 7? I'm trying to understand your position on the subject and how it relates to Serfdom's.

Because Serfdom is clearly saying that he doesn't believe there is a big short position in Paivis, and even if there were, he doesn't believe the new SHO regs require short holders to have to close their positions by Sept. 7.

Argonath's post:
-------------

Because the the new SHO rule changes demand that old short positions be covered by Sep 7th.

"DATES: Effective Date: September 7, 2004, except Part 241 will be effective August 6, 2004, and §242.202T will be effective from September 7, 2004 to September 7, 2007.

Compliance Date: The compliance date for §§242.200 and 203 is January 3, 2005. The compliance date for §242.202T is the same as its effective date, September 7, 2004."

http://www.sec.gov/rules/final/34-50103.htm

Argonath
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