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noquit

07/02/09 2:40 AM

#3352 RE: printmail01 #3351

I stand corrected that I thought there could be NO shorting of a penny stock in the US.

However with only that tiny number of shares available, hardly the 30 million Troy was LED to believe had been shorted, NSS or otherwise.

A legal short means that there must be a suitable long position available for shorting and there is not always that position available.

Someone else come in and fill in anything I may be missing on this.