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Re: kron7777 post# 4139

Friday, 01/25/2013 10:02:32 AM

Friday, January 25, 2013 10:02:32 AM

Post# of 47873
"And the debt to DMRJ is convertible at a fixed price - so they have no incentive to bring the stock down."

Correct. They are not concerned with the current stock price. That means that if they feel they need to hedge their position, they will do so.

I would point out that the trades that pushed the price down a bit this morning were virtually all at the bid, so the culprits were obviously not those mythical evil naked shorters. You can't sell short on the bid.

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