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Thehelm

05/06/08 10:43 PM

#7857 RE: ozzy52 #7852

I do not remember using "interest" in my posts, but both are shorts regardless. Did you do the DD like I had suggested? Are you trying to get under my skin by making a comment like that, or are you just trying to say that it makes a big difference to you what kind of a short it was? You accuse me of dwelling but you will not get the facts for yourself before you start arguing with me about little things like my use of the word interest. What do you expect? It seems to me you are trying to make me lose my cool.
I just told you what kind of short it was (under 3210). That's all I know. If I used used the word "interest" in my posts today, and that was wrong, then I am terribly sorry for having done so.

short interest - definition of short interest - The total number of shares of a security that have been sold short and not yet repurchased.

In a "naked" short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a "failure to deliver" or "fail").