Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (10536)	6/25/1998 4:14:00 AM
From: Mama Bear	Read Replies (2) of 18691

>>>BTW, how the hell can the short interest be greater than the float?<<< larry, the float is a different number than shares outstanding. Closely held shares shuch as those owned by the CEO are subtracted from shares outstanding to arrive at the float. There is no reason why those closely held shares could not be closely held in a margin account, or lent to short sellers in exchange for some consideration. Barb

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