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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (24464)	1/5/2004 1:10:44 AM
From: Steve 667	Read Replies (1) \| Respond to of 60323

OT Art, Again, I totally agree with what you said. I have no interest in shorting either of these stocks. I am curious as to how the short interest can be 68 million shares in SIRI. Regardless of the motivation for the original placement of short sales to begin with. Look, the owners of 68 million shares had to short above $5 per share. Exchange rules. Now those same people saw the shares go as low as 38 cents. They had a profit of at least $4.60 a share at that point. They could only gain another 38 cents by not selling at the same time risking all their profit. Is there anyone on this board that would do this. Ever???????? Yet the owners of 68 million shares did just that? Does the phrase "risk/reward ration" ring a bell here? Does this not seem odd? Just a little? There has to be some other explanation. Doesn't this at least tweak your curiosity? Is there a way to short a stock under $5 that I am not aware?