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PDC ™

05/27/05 1:32 PM

#56336 RE: budge #56333

yep. :( well atleast looks like nobody gonna lose a bunch with short positions etc... (sellers monday-thru that is)

No Problems

05/27/05 1:33 PM

#56340 RE: budge #56333

That's kind of what I am thinking here.

Company realizes someone has to cover but there aren't enough shares to sell them. What to do, what to do... Now the company holds the shares to cover, the whole cover, with no need for the short to enter the market.