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To: I Am John Galt who wrote (502)11/15/1997 4:11:00 PM
From: David M.  Respond to of 11708
 
Matty, Point's well taken.I did not mean to Imply that things were so simple but to answer a Question in brief form to HRAKA who had posed a question To us ,As the expierenced trader knows nothing is black and white when it comes to these situations and beside the scenario's you set forth there are probably ten other cases to analyze.I was in Ovis on the up swing And blew out much to early.It taught me though to believe what you see and nothing of what you hear when it comes to the short position.I don't mean to say DD is not warranted only to point out that facts mean nothing if the stock gets shorted.Keep up the posts and lets get this baby on the hot subjects list for next week.
David M.



To: I Am John Galt who wrote (502)11/15/1997 4:18:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Matty Dee- Could you please elaborate on how the market makers can short the stock and rotate? Is this some kind of musical chair?

If there's 3 million in the float and 2 million certs are called, how do the mms short more than 1 million? Sounds like kiting to me?

TIA

TraderGreg