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Re: kermit42 post# 7115

Tuesday, 07/05/2011 10:51:09 AM

Tuesday, July 05, 2011 10:51:09 AM

Post# of 31425
kermit, I'll buy the part regarding illegal shorts since they are not covered by real shares. But as to a legitimate short position, the question remains for an r/s; or, an r/m where the share structure changes during the exchange of shares (let's say 1 new share in the surviving company for 10 old shares of the non-surviving company).