Fresenius Kabi Pharmaceuticals (APCVZ)

[iwant1mil]

I agree with DBX5, it make sense that if the stock is cancelled, there's no need to cover. For one thing, shorts make money up front when they sell, then buy back when it drops and profit the difference.

Here's how it works: I borrowed 5000 cvr's from Jim's account and sell to you for $500, then the cvr is cancelled. You can't get your money back because the cvr is not trading anymore, so you are stuck with a worthless pile of junk. I don't have to buy 5000 cvr's to put back into Jim's account because now it's worth $0. Jim never knew I borrowed 5000 from him anyway and now he will never know since he can't sell it. So I walk away with $500 big one without ever spending a penny.