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To: LLCF who wrote (60406)	7/18/2008 5:52:15 PM
From: tyc:>	Read Replies (1) \| Respond to of 78407

Edited. I concede to your knowledge and experience. However, perhaps things are different in Canada. I shorted once and was told specifically that no borrowing was involved, they hadn't and wouldn't even check their inventory, but that, as for all shorts it was subject to call in....

To: LLCF who wrote (60406)	7/18/2008 7:56:48 PM
From: ogi	Read Replies (1) \| Respond to of 78407

Thanks for the great post. What I don't understand is that the failure to deliver list is so crowded that the theoretical and correct legal short sales may no longer be the sole case: From the NASDAQ website: As defined in Rule 203(c)(6) of Regulation SHO, a “threshold security” is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days: * There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; * The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and * The security is included on a list published by a self-regulatory organization (SRO). nasdaqtrader.com A bit of a shock to see many Candian JRS on this list, including Goldsiurce GXS , that got slaughtered today. Shorts being put on??? The published list is as of Thursday and the failure to deliver has to be outstanding for 5 consecutive trading days. Cheers, Ogi