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Re: None

Wednesday, 06/16/2010 2:00:54 AM

Wednesday, June 16, 2010 2:00:54 AM

Post# of 44409
EFLN Fails-to-Deliver Data

The second half of May FTD data was released today.

Before I get to this ridiculously astounding figure....

In all of April (before the r/s adoption) EFLN had 2.65M FTD.

The grand total for all of May....?


383,827,156 Fails-to-Deliver


Shorting into a R/S is a no brainer.
You don't have to cover after the execution date / CUSIP change.

But uh... on 6/11/10 the R/S Amendment was rescinded.

All of those fails are going to have to be covered.

Man oh manischewitz.... that squeeze is gonna hurt some fools like you wouldn't believe.

oh snap.

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