I use private banking services to do some of these short trades,...

I use private banking services to do some of these short trades, so I'm not sure who the ultimate service provider is.

Recently, its been very profitable on the short side on these share purchase plans because of the mass media coverage on it that has gotten all the small uneducated fish into the game. As the saying goes, a little bit of knowledge is very dangerous ...

I'm sure those burned by CMV, TOE, and BKW will not be coming back for seconds on these so called "can't lose" share purchase plans. Actually, I'd be more inclined to go with rights issues because at least these don't have a limit on the up side.