Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (7428)	2/22/2005 3:36:46 PM
From: Buckey	Respond to of 12465

BINGO

To: Jeffrey S. Mitchell who wrote (7428)	2/22/2005 10:04:23 PM
From: Nazbuster	Respond to of 12465

One minor correction: you don't sell your converted shares, you tender them as covers for the shorts. That even prevents a rally in the stock in the face of a large short.

To: Jeffrey S. Mitchell who wrote (7428)	2/22/2005 10:35:55 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 12465

I'll tell you though, if the SEC had set out as its goal to create a potential PR nightmare for itself, by taking a fairly common yet not-well-understood investing mechanic, couching it in terms that make it appear to be at the very least an impropriety ("failure to deliver"), and then leaving large segments of the investing public with the impression that it was a big problem that they (the SEC) either can't or won't do anything about, I can't offhand think of a better way to accomplish all that than they way they've handled these new shorting regulations.