Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Zeev Hed who wrote (1414)	8/17/2002 10:22:45 PM
From: Mike M	of 1438

Zeev, while you painted a very good picture of floorless', your example assumed that the perp would at least make a semblance of attempt to operate within the law...i.e. borrow the short shares....Instead, as crooks do, they found another short cut and sold stock naked...This way they didn't even have to worry about such esoteric things as upticks... I hope these lowlifes get to spend the rest of their days in the slammer...and that their guards formerly held shares in the companies they bilked...

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