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Strategies & Market Trends : Talk to Lola:) -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (1014)	8/27/1999 11:58:00 PM
From: KodiakBear	Read Replies (2) \| Respond to of 2010

hey did you see this message by ...Osprey linked to it earlier today this caught my eye ...wow Several veteran Wall Street traders said that one sign of illegal shorting occurs when the daily trading volume in a stock far exceeds the number of shares available to the public, known as the float. " One trader pointed to the recent trading in Grand Toys International, the Canadian distributor of the popular Pokemon and Furby toys, as an example. The company has a little more than 1.5 million shares available to public investors, but on Wednesday, almost 20 million shares, or 13.3 times the public float, changed hands.Even if only 1 percent of those trades were short sales, they would have exceeded the public float by half a million shares. "