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To: Paul Kern who wrote (69155)11/21/2008 12:33:01 PM
From: Keith FeralRespond to of 118717
 
You are right on the money. We've seen this game a few times already.



To: Paul Kern who wrote (69155)11/21/2008 2:10:03 PM
From: JakeStrawRespond to of 118717
 
I think you hit the nail on the head!



To: Paul Kern who wrote (69155)11/21/2008 3:10:11 PM
From: SamRespond to of 118717
 
I think a few big hedge funds just keep shorting the debt and the stock while bidding up the swaps so it looks like they are going broke. Easy money.

Would this be as easy or as profitable--or even possible--if the uptick rule was still in place? With the uptick rule, shorting is limited if buyers are limited. Without it....


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