Replies to post #12265 on GuanHua Corporation (GHGH)

[uwlungman]

wu h. Email sent to Ms. Allard...
Asked her if she had any information on why this illegal practice of FTD's is allowed to continue. See if she replies.

[uwlungman]

Here's the email reply from Ms. Allard...
From "WENDY ALLARD, BLOOMBERG/ NEWSROOM:" <[e-mail]>
Sent Friday, December 1, 2006 11:46 pm
To xxxx
Subject Fwd: Re: Fwd: Question about Reg Sho and settlement laws.
Hi xxx here's the answer from my editor. I believe his email is on the story
as well.
----- Original Message -----
From: RODNEY YAP, BLOOMBERG/ NEWSROOM:
At: 12/01 10:38:38

We found that a stock could have multiple lots of shares that were 10,000 and
higher sold short. Let's say there were three lots and one position gets covered
and drops off the list, but another position comes on and makes it to the list.
So one rolls off and another on. That's why stocks have been on there for so
many days.
It's not one position that hasn't been covered for 15 days. It's probably more
than one.....the table will still have value because it let's people know which
stocks are repeat offenders of traders having open short positions.
----- Original Message -----
From: WENDY ALLARD, BLOOMBERG/ NEWSROOM:
At: 12/01 10:23:04

Rodney I can't answer this.
----- Original Message -----
From: xxx
At: 12/01 10:20:46

Hello Ms. Allard. I saw your article today giving the list of companies on the Reg Sho list. Aren't trades supposed to be covered within 3 days of execution by law? Do you have any information on why this violation of the law is allowed
to continue? Thanks. xxx, Investor