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hock1

03/15/12 2:50 PM

#354744 RE: MJPLIFE11 #354743

Yeah. I got that. They sold their long position. They are not required to update their short position. Many hedge funds are long and short the same security at the same time. Makes the manipulation a lot easier. (Although with the ability to short on downticks, keeping a small amount of long shares is really no longer necessary).