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Re: timmyjames post# 93684

Thursday, 04/01/2010 10:56:55 PM

Thursday, April 01, 2010 10:56:55 PM

Post# of 179215
TJ, using your example you are saying 150k would be short

Not really true, heres why:

650 short out of 1000

that means 650 short and 350 not sure

even if all 350 were covers that would leave 300 short at a MINIMUM

the reason I say minimum is that we don't know if the entire 350 were covers, but we do know the minimum short

I will send a post I put out a couple weeks back that I think will help