Forgive me if I am wrong here Niqo but in relation to the supposed 200m of shorts out there then I am lead to believe that some of these positions can be closed out off-market via the mythical "dark pools" and hence do not need to be closed out on-market. I don't fully understand how they work but if that is the case then the massive short covering everyone is expecting on TOL issuance may not be anywhere near as massive as it's expected to be. I am really hoping to be corrected here as like all SH I would much prefer to watch the short covering on my own screen, in fact I would thoroughly enjoy it.
foster stockbroking , page-48
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