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Message: RE: Divy helped control damage to PPS and will help to flush naked shorts
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RE: Divy helped control damage to PPS and will help to flush naked shorts

posted on Mar 09, 2006 02:20PM
Marc,

the link below is very informative about naked shorting.

When a stock is shorted those that short the stock

have to pay the divdend, when it is issued. Now if

more divdends per share are collected than exist in the known float the differnce is the number of naked short shares. Since the number of legal share holders are known

then there should only be so many shares available for shorting.

http://www.ncans.net/shortemail.htm

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