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Jonathan Robinson

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Jonathan Robinson

Re: Andrewner post# 2722

Tuesday, 12/18/2007 8:40:54 PM

Tuesday, December 18, 2007 8:40:54 PM

Post# of 8473
Efficacy

Could be reason behind the SHO list appearance as these shares may have been removed from one or more of the smaller brokerages. As effective float/tradeable shares declines, there are by definition fewer shares to borrow (assuming Efficacy does not loan out to the small brokerages).

Jon
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