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To: smolejv@gmx.net who wrote (192756)9/19/2002 10:05:18 AM
From: sandeep  Respond to of 436258
 
exactly! Conspiracy theorists abound on these threads these days...



To: smolejv@gmx.net who wrote (192756)9/19/2002 4:39:56 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
20M puts is bull

Not really
He did not say 2M puts if you read closely.
He said 2M shares.

That is 20K puts and indeed there were (when I checked yesterday, 20K puts at strike 20).

20K puts = 2M shares

If he said 20M and not 2M then he also added a zero (accidental IMO) but his wording totally sucked in the first place.

That said if he dis say 20M and there are 200K of puts then that does = 20M shares (but those were not all at strike 20 as was implied).

So bullshit writing (but not on purpose IMO)

M