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Re: Halcyoniii62 post# 34585

Saturday, 06/06/2009 12:52:44 AM

Saturday, June 06, 2009 12:52:44 AM

Post# of 86719
Oh, no question. It's an offshore large position held and being worked out of Canada to skirt the DTCC. Now they have no choice. Cover or be drowned. The large short came off the pipe in 2007 at $1.80 and higher. Now they have to get it all covered or lose it all. So they trap it against the box at all time lows for two months.