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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: VLAD who wrote (17706)1/12/1999 1:03:00 PM
From: Mkilloran  Read Replies (2) of 23519
 
Vlad...if the shares are in a MARGIN ACCT they are by default kept in street name and are available for the broker to lend out to the shorts.

Since people have already put up 100% cash...the NEXT STEP is to have your broker move your VVUS stock to a CASH ACCT and request that the certificates be delivered and not kept in street name.

This causes the broker to go out and RECALL the shares from the SHORTS
who in turn have to BUY the shares back to DELIVER them to your broker.

The last time this action was attempted on this board it worked
shorts were complaining that they got CALLED and had to COVER their
shorts.

TO ALL .......CALL YOUR BROKER .....make them work FOR YOU.
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