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To: jmhollen who wrote (3157)8/19/1998 6:06:00 PM
From: Jim Kay  Read Replies (1) | Respond to of 9824
 
Whenever this subject comes up MM shorting..... imo ...IMO.... don't kill me but eventually we find out that somehow Reg S is involved... I hope I am wrong becuz of obvious reasons..... yikes!!



To: jmhollen who wrote (3157)8/19/1998 6:28:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 9824
 
What short trade report? The shorting I'm talking about is on some off shore 3rd world island nation or north of the border...it's naked, no shares are "borrowed" before it's done. Consequently, when us over hear buy those shares, we have absolutely no clue whether we are buying real shares or not.

These short positions only come out when the company does a split or renames the symbol/CUSIP and all the shares get called in.

TG


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