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playerguy

12/20/08 1:17 PM

#47902 RE: diamondguru-one #47898

Also, Barclays has to cover their puts on January expiration at a minimum of $2.50/share (the minimum strike price that exists)and probably a lot higher because they sold the puts a good while back. That does not mean that the stock price will be $2.50, but it does mean that they will have to pay the put holders $2.50/share. What it means to us is there are a lot of shares or they wouldn't have needed to file.