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Re: ufgtrs1 post# 56349

Friday, 02/19/2010 11:51:00 AM

Friday, February 19, 2010 11:51:00 AM

Post# of 179214
pinky land doesn't have strict, if any, short covering time frames to my understanding. also, these are naked, off the books, shorts...so it makes things even muddyier. they will basically avoid covering as long as possible, hoping they won't have to. but eventually, since no one is selling, and the pps is rising, one MM will crack and start to cover. this will make the pps rise more, and the other MMs will all charge to try and cover before the others, to try and get the lower price.