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skeen

08/26/06 11:30 AM

#27291 RE: Jim Bishop #27290

Jim can I ask for a little OT school:

JMCP James Monroe Capital Corp.

Short Interest for August 2006

Short (5,533,733)
Interest Percent (453.37)
Change Average Daily (898,946,349)
Share Volume Days to
Cover (1.00

The process of shorting shares is one of my weak areas....if u have time, could u briefly explain the process by which a pink trading at .0001 is shorted >5 mill sh. (assuming report is accurate) and how that might typically play out by those doing the shorting. The o/s is last reported around 18 bill.

thanx,
Skeen
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Melchizedek

08/26/06 10:27 PM

#27342 RE: Jim Bishop #27290

So you admit the rule she quoted does not cover a MM hiting an unsolicted bid? What would the fine be for hiting the bid without a retail order?