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Hamburlgar
Dec 31, 2007

WANTED

My Spirit Otter posted:

The big guys shorted the stock and it out-performed, rather than under-performed and now they owe a lot of money

It’s a step beyond this.

The hedge funders have shorted 140% of available shares. Essentially they’re hosed as there aren’t be enough shares to buy when they have to buy.

They’re hosed.

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