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Strategies & Market Trends : From the Trading Desk

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To: peter michaelson who wrote (3803)	11/17/1998 1:19:00 AM
From: HiSpeed	Read Replies (1) of 4969

Based on what I know, your broker should have attempted to locate another set of shares if the ones they held were being recalled by the owner. If the broker cannot locate shares elsewhere and the stock owner demands them back, the broker has no choice but to buy at market to give the stock back to the owner.

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