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Bruce A Thompson

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Bruce A Thompson

Re: norse raider post# 88

Friday, 09/14/2007 10:55:54 AM

Friday, September 14, 2007 10:55:54 AM

Post# of 134
Am I missing something?

Yup. The 13MM++ naked short shares sold into the market by the options MM to hedge his open Put positions. That figure is 150% of the entire issue, not the float, and grows by 2-3 hundred thou a day.

BT


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