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Re: None

Tuesday, 06/14/2005 1:27:33 PM

Tuesday, June 14, 2005 1:27:33 PM

Post# of 856
Just got in for a short feast, alonside SCHB, and a bit later (amasingly!) NITE. This is the new (legal!) shorting scheme a bounch of MM's are practicing these days. Selling at high, walking it down (by selling small # of shares at lower and lower prices), loading at the bottom, and selling the shares again at high.

What many people do not seem to realize is that a minus 35% drop (it's where I got in), in fact represents a +70% gain when the price is brought back to the original value. Nice play!

Mike