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puglet126

02/19/10 11:45 AM

#56351 RE: ufgtrs1 #56349

i dont know well enough to say
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timmyjames

02/19/10 11:51 AM

#56355 RE: ufgtrs1 #56349

pinky land doesn't have strict, if any, short covering time frames to my understanding. also, these are naked, off the books, shorts...so it makes things even muddyier. they will basically avoid covering as long as possible, hoping they won't have to. but eventually, since no one is selling, and the pps is rising, one MM will crack and start to cover. this will make the pps rise more, and the other MMs will all charge to try and cover before the others, to try and get the lower price.