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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Redman who wrote (18395)8/20/1999 11:55:00 PM
From: Roger A. Babb  Read Replies (1) of 18691
 
Redman, convertible holders will often short in a downtrend to box their downside risk, no upside risk since they can always convert to cover. A significant percentage of short positions are convertible hedges.
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