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To: Triffin who wrote (524)4/1/1998 11:06:00 AM
From: Hugh M.  Read Replies (1) | Respond to of 811
 
This trading is insane. It looks to me like the MM is shorting at 1/16, and covering at 1/32. Not a bad day trade if you have deep pockets. Trader, how long do you think this will continue before the regulatory body of the Nasdaq steps in and puts a stop to this.

Hugh



To: Triffin who wrote (524)4/1/1998 11:07:00 AM
From: T.Bill  Read Replies (2) | Respond to of 811
 
But what if you short more than you're allowed to convert during a given time period and the broker doesn't have enough borrowed shares from elsewhere etc?