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07/08/11 2:02 PM

#2957 RE: Flatcat #2945

flat:first there is a short share,this is a borrowed
share,then a naked short is a share that is a phantom
it is not real that shows as an ftd or fail to deliver.
our buy in on bork was .80 we hold all these shares with
a few others we hold long in a cash account.if you hold
your shares in a cash account they can not be borrowed
for shorting.our margin account is strictly for stocks
we day trade.