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04/18/08 7:38 AM

#3721 RE: jerryrth #3719

Jerry, Jack is incorrect if he thinks Medinah cannot be shorted. We have discussed this issue for many many years, and even a few posters explained how it is done. There are many broker/dealers and market makers that short Medinah, some may not log the trade and go through the propert paperwork chain of command, thus the meat of one of Medinah's problems. The SEC has tightened up a few of the shorting loopholes and finally watching, buttttttttt it is not air tight yet. It would be stupidity for a little investor to try to short $5000 worth, if it meant financial suicide. The big players that have shorted will simply walk away and would rather gamble on being indicted, as versus trying to cover. Remember, they have had the law on their sides for many years.