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Who will blink
posted on
Jul 10, 2008 09:01AM
RBC has spent 4 days selling about 150,000 and today 300,000 for a total 750,000 +whatever they sold prior to my noticing. If this is naked shorting I will expect a cover of about 1million in about 2 days otherwise this will end up on the books.
They could be just getting rid of their holdings because of the 2 billion loss they are going to take. We shall see. be glad to be rid of them.
