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marayatano

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marayatano

Re: grey post# 75496

Friday, 06/05/2009 8:59:24 PM

Friday, June 05, 2009 8:59:24 PM

Post# of 730171
Grey the way shorting works is if the particular stock gets canceled, there is no need to cover your short or naked short position. Your profit is not reportable income and is tax free.



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