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bobrainey300

09/28/06 5:26 PM

#10460 RE: Fat Bird #10457

let me take a guess- ZERO. It looked to me like the short became worse.
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Cube

09/28/06 6:47 PM

#10478 RE: Fat Bird #10457

I would say very little if any.
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MSEED

09/28/06 6:47 PM

#10479 RE: Fat Bird #10457

Even if 1/2 was short covering which I doubt with size of most trades on level II, still over 20+M shares shorted or more; 8-10X the free trading real share count of 2.8M. A big factor IMHO also is this huge short # does not include the naked shorts, which is a variable also completely unknown.

The best news today was confirmation of the RM. Funny, how when Don came out with news last monday of acquiring the "SEX" co., not many connected it would be the needed tool to complete the RM. Once the certs have to be handed in and retired, the shorts are done.

This will create such an upside in the pps, with shorts having to cover at any price.

Best Regards
Not a buy or sell recommendation.
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east600

09/28/06 7:01 PM

#10484 RE: Fat Bird #10457

Not many, IMO. When the stock took off, it was clearly a chart play. Same set up on the indicators as last time.

At the time, I was comparing the two setups, then BOOM! If I were short, I would wait for the fun and games to die down to buy my shares. I think that is why so many predict that this may take more than a week or two to play out.