Replies to post #80798 on CMKM Diamonds Inc (fka CMKX)

[Good-Til-Cancelled]

I agree - there was no major buying yesterday at all. What I meant was that on 9/24, if there's a naked short position, the MMs have to produce the appropriate number of UCAD shares to cover the CMKX shares that are shorted.

Maybe it's cheaper to cover with UCAD shares than CMKX shares. Especially if they force down the UCAD shares...

GTC