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Re: frogdreaming post# 100508

Friday, 08/19/2011 4:28:23 PM

Friday, August 19, 2011 4:28:23 PM

Post# of 118239
The DTC agreed to help those who had tried to transact shares (unknowingly) AFTER the lock went into place and were therefore unable to settle the trades. There was NO shorts there was just uncompleted bookkeeping due to the lock.
The DTC was quite explicit there would not be any new transactions in the global locked companies, there would just be a week long period in which PREVIOUSLY completed sales could be closed out.


It's simply amazing how many people chose to ignore these facts when the announcement was made and instead chose to spin it into a "get shorty" story.

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