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Pian0wire

02/03/12 3:50 PM

#32070 RE: Pian0wire #32067

Looks like some are going to try everything they can to keep this down. Only 10 minutes left and sellers going at it. After seeing those beautiful 8's this morning, I'm sick of these mid 7's.

Ready to move up.

PatiencePaysOff79

02/03/12 4:29 PM

#32136 RE: Pian0wire #32067

Yes and no. Probably a bad example. But, imagine:

You short 250,000 shares of ATRN at .075. That is a $18,750 investment on paper.

A/H news comes out that there is a buyout for $1.00 per share. The next day, ATRN opens at or around $1.00 per share. Suddenly, you're required to cover for $250,000. You suddenly find yourself at a loss for $231,250. That hurts, right?