asf,It's not necessarily shorting. Bank of America loans money...

asf,

It's not necessarily shorting. Bank of America loans money to Mathews Capital secured by CLR shares. Could be for shorting, could also be for more capital to buy more equities. It's in the announcement released after the market closed.

This was done last week (3 April).

Today it was done with DTE, BTU and MTE. See their course of sales.

I see that Mathews Capital is under the Merill Lynch holding and I can't see anywhere that they are a substantial holder.

I've not ever seen a form 603 or 604 ever lodged by Mathews Capital which leads me to believe that not all the shares owned by Merrill Lynch are that Mathews Capital, therefore I don't expect to see a form 604 lodged by them.

It seems they do not hold more than 5% of the company.

Hope this helps.