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Replies to post #168207 on CMKM Diamonds Inc (fka CMKX)

Replies to #168207 on CMKM Diamonds Inc (fka CMKX)
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Sec 10

05/18/05 3:31 PM

#168216 RE: fung_derf #168207

Which is, by definition, Fung, a covered short. The CD holder always has access to the shares for delivery.

And under existing rules such sales have 30+ days to settle.