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garrett800ca

06/25/05 10:25 AM

#66721 RE: hatemms #66719

I think its a planned release and planned buy back, but you're right MM's probably short as hell too.
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Buckey

06/25/05 10:25 AM

#66722 RE: hatemms #66719

I am assuming that I will be R/S before I am settled and likely end up losing a bit on this but do not regret playing it as the upside potential was worth the risk.

I likely jinxed it as I made out very well on GLKC and its mess - Even sold some of my remaining shres Fridaay at 7.5c 46k - only have 64k left now
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Dspetry

06/25/05 10:45 AM

#66729 RE: hatemms #66719

congrats dude...I'm happy for you...
However, I don't quite understand this statement...

How can they be short, if they have 414 billion shares to issue through the TA?

i think the people who do not have the shares is because the market maker of your transaction sold you short shares in the first place, they must cover first in the open market to deliver them to you, then you will recieve them,
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XV19

06/29/05 1:08 PM

#67663 RE: hatemms #66719

GVRP email from TDW...


On Wednesday, June 29, 2005, at 10:03AM, <CustomerService@TDWaterhouse.com> wrote:

>Dear Mr Gross,
>
>Thank you for your e-mail.
>
> The market maker on your GVRP buys was Knight Trimark.


wow..I didn't think they'd reply to my email requesting that info...

my buys were on the 18th, 19th and 24th