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Re: SEBASS post# 4275

Wednesday, 08/03/2005 11:03:09 AM

Wednesday, August 03, 2005 11:03:09 AM

Post# of 44374
Sebass, one problem

The majority of the float is held by insiders and now mutual funds.
Which do not mind lending their shares.

Even if every retail holder on this and every gte board did this, it would make little difference.
There are still plenty of shares

On the other hand, it still does reduce the amount that can be shorted somewhat
And your ability to trade is no different in a cash account.

It's a good alternative to getting your shares in certificates. Which is a complete bonehead move


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