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chiphldr

08/01/06 8:05 PM

#25242 RE: Crazy Money #25239

"Risk comes from not knowing what you're doing." Warren Buffett

Glad I know what I'm doing........SMILE
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partysasquatch

08/01/06 8:05 PM

#25244 RE: Crazy Money #25239

Wrong, you own IOU's and the shorts are screwed. /e
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phxgold

08/01/06 8:07 PM

#25246 RE: Crazy Money #25239

thats the beauty of the stock borrow pool for the miscreants.

sell a share that does not exist it is a fail.
but as long as the borrow pool is full it can be technically locted to borrow.

the fail sits in my account for 13 days as a marker

that share that failed is still a marker in my account guess what.

that marker gets reported as a share to the borrow pool eligable to be borrowed

even though it really does not exist because it is a journal entry it shows up as a share in the borrow pool.

a never ending supply of shares

until the cycle is interrupted.

hault,
cert pull
cusip change
dividend
etc.

pain is a great motivator.