Shorting is a legal function of the stock market...but with all the naked shorting going on..(IL-eagle)..we will be starting to see more of these types of NRS..Where a short seller want to be seen as an honest player and posts this...
(Fear of securities investigators had nothing to do with the decision of the company to post this,....)...LOL
Finally..Fear of going to jail may be starting to straighten this market out..Here is the post..Never seen one before,,.
Polygon Global Opportunities Master Fund
LSE: TTM
Jul 15, 2008 10:29 ET
Disclosure of Short Position in company undertaking a Rights Issue
TR-3: Disclosure of Disclosable Short Position relating to Securities which are the subject of a
rights issue
1. Full name of person(s) holding the disclosable Polygon Investment Partners LLP
short position:
2: Name of the issuer of the relevant securities HBOS plc
3: Disclosable short position -0.41%
4. Date that disclosable short position was reached or 14 July 2008
exceeded
_______________________________
Polygon Investment Partners LLP makes this disclosure in its capacity as discretionary investment manager
on behalf of Polygon Global Opportunities Master Fund.