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Friday, June 15, 2007

Short ATHR

We initiated a short position on ATHR at 32.35. The idea is to cover on weakness. We are looking at gains of 3-4% only and this is a short term trade.

As you can recall we had covered our positions recently at 30.15. Doing so has helped us preserve capital and given us an opportunity to go short at a higher price.

We added onto our position at 32.8. Or per share cost is now: 32.53

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