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Non-Tech : MB TRADING
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To: kaz who wrote (4048)2/24/1999 11:45:00 PM
From: Dan Duchardt  Read Replies (1) of 7382
 
The stocks you borrowed to sell short will double in number and each share will be approximately half the former value of the original shares. You must return all of what you borrowed, even though it has changed in character.. i.e. double the number of shares. So yes, you have to cover twice the number you shorted.
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