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Re: Transat 5 post# 1785

Thursday, 06/23/2005 11:16:18 AM

Thursday, June 23, 2005 11:16:18 AM

Post# of 35924
At least I know my theory was right, that there is a sizeable short position here and Cornell would just assume to drag this out and let longs bail out until this is in the subs and they cover on the cheap. But in reality, the SHO list is kind of a Joke when you think about it, 10,000 shares per security, or one half of 1% of the O/S! I think many here own much more than that. With an 88 Mil O/S 1% would be 880K half would be 440K.


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