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TRCPA

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Re: WyoInvestor post# 8174

Wednesday, 04/27/2005 4:02:53 PM

Wednesday, April 27, 2005 4:02:53 PM

Post# of 53980
Wyo......here is how the SEC shows the distinction.

http://www.sec.gov/rules/proposed/34-48709.htm#II

Naked short selling is selling short without borrowing the necessary securities to make delivery, thus potentially resulting in a "fail to deliver" securities to the buyer.



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