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Jestiron

07/08/09 8:31 PM

#80522 RE: porkman385 #80515

Overstatement? Perhaps... Depends on how much they are truly short. As I mentioned in my post, I believe the shorts are FAR higher than any website is offering as a result of ex-clearing or continued shorting.

I don't think they are trying to cover...but they will have to if there is a settlement. The will be 100% responsible for covering at settlement price/exchange,...even if it is 56million shares. Thats a HELL of a hit to take.

Let me say it like this...if there is a HALT-Settlement and they haven't covered...they are "caught". And since they aren't covering.....