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specutator

02/24/12 4:38 PM

#9972 RE: livinginstyle #9971

Part of what you say is true, but it doesn't take three days to define whether it's a short or not.

Most short sales are cleared the same day when the MM receives the shares from the broker who passed him the sell trade order.

Otherwise the daily short position (not short volume) would be huge on most stocks.