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Re: domefirst post# 65443

Saturday, 06/19/2010 7:53:18 PM

Saturday, June 19, 2010 7:53:18 PM

Post# of 233825
Dome --

The mistake you are making here,, in projecting this as a need for short covering is that this is NOT SHORT INTEREST

The MMs have three days to deliver and then it is an FTD---fail to deliver---and this is a no-no

The FINRA is just the MMs business for that day---means nothing.

There is MINISCULE short interest in KATX and please do not infer to us that there will be a mass short cover buy-in---as it will not happen

The above is not my opinion---this is a "Fact Jack"

There has been numerous postings about this---perhaps you could dial up Jim Bishops's posts ane read more about this

Cheers, Art
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