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To: Mathemagician who wrote (17752)9/23/2001 10:24:53 PM
From: Wes Stevens  Read Replies (2) | Respond to of 208838
 
Ok here we go again. No, you are correct, the number of shares the company has issued does not change. But every share that is shorted was purchased once and sits in a margin account somewhere. When it is shorted it is borrowed and sold again. In effect this increases the float as a single share is sold twice.

It may not technically increase the float, but it has the same effect.


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