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DSherman

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DSherman

Re: madeindet post# 56592

Tuesday, 09/24/2013 10:33:22 AM

Tuesday, September 24, 2013 10:33:22 AM

Post# of 183647
Simple, most CD agreements prevent the holder from shorting but do not prevent the CD holder from 'wholesaling ' the shares to brokers that are not under the same agreement. The wholesale brokers can and do short as they actually own the CD shares, not naked.
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