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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Fitzgerald who wrote (11077)	6/22/1999 9:32:00 PM
From: JEFFREY S. FENDER	Read Replies (1) \| Respond to of 14266

One last time.. 1. Go buy 1,000 shares of THQ 2. Now go and short 1,000 shares of THQ How many shares net do you have in your account ZERO correct How many shares get reported short each month 1,000 Now do it on a bigger scale Buy 100,000 shares of THQ Now go short 100,000 shares of THQ How many shares do you have in your account net ZERO correct How many shares get reported short each month 100,000 GET the picture yet? Why do the big boys do this? So they can get away with the uptick rule. How is that you ask. Well assuming they are flat in their account and they want to go short without an uptick they sell 100,000 shares of stock that was long and not subject to the uptick rule. Whats left? the 100,000 shares short. Why does THQ have such a large short position Well now you understand why the stock is so volatile