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Biotech / Medical : CYBR CyberCare the new look of healthcare
CYBR 429.39-3.6%3:59 PM EST

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To: sommovigo who wrote (1999)5/26/2000 8:52:00 PM
From: Kevin Podsiadlik  Read Replies (1) of 3392
 
the covering, from what I am to understand, I supposed to begin at 2pm on Tuesday - at least that's when one person said that they have to cover by.

One of three things has to be true:

1) The person was speaking of a buy-in notice from his broker, meaning that he is liable to have a cover order executed for him at that time if he does not cover earlier. Whether the buy-in will occur as threatened is anyone's guess.

2) The person was feeding you one heck of a line -- I have never heard of a group plan to cover a short at a given time in the future. It wouldn't work anyway, everyone would just cover early, thus assuring that the high price for the day would come right at 2:00pm.

3) You're making this up.

Grub.
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