To anyone: Who owns RADAF competitor Tiger Electronics? Is it part of a public company, or is it private, and what does anyone know about it.
Re the question of how long shorts have to cover, if the stock goes down and stays down, they never have to cover, as I understand it. If the stock goes up, they might have to put up more $$ to cover their margin. And, in the unlikely event that all RADAF holders insisted on delivery of their shares from street name to physical certificates in their own name, I suppose any shorts would be forced to cover. But I believe it will be almost impossible for this to happen, since so many investors hold their stock in margin accounts in street name.
I still am not convinced that what we have seen is massive shorting in the stock. But I have no way to know for sure, and it seems that others that have more knowledge of this do insist that massive shorting has been done. It seems to me we will find out in a few days, when short interest in NASDAQ stocks as of 1/15 is announced. RR |
