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Re: bwalk037 post# 12922

Friday, 12/10/2010 5:50:00 PM

Friday, December 10, 2010 5:50:00 PM

Post# of 17111
It is 13 days before the shorter (Broker Dealer) can no longer short the stock should they be on the Regsho list for that period of time. However, as I understand it, the DTCC throught the NSCC can implement a forced buy-in at any time now, could be Monday or it may not be, it is at there discretion, however should they do a forced buy-in, the DTCC will pay whatever market is willing to offer until the short position has been covered.

Whether it is 13 days or Monday, it really makes no odds, the position has to be covered. I can wait 13 days if I have to.

Best
Brit
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