id	sid	tid	token	lemma	pos
fsr-3806	1	1	pii	pii	PROPN
fsr-3806	1	2	:	:	PUNCT
fsr-3806	1	3	s1057	s1057	NOUN
fsr-3806	1	4	-	-	PUNCT
fsr-3806	1	5	0810(97)90030	0810(97)90030	NOUN
fsr-3806	1	6	-	-	PUNCT
fsr-3806	1	7	5	5	NUM
fsr-3806	1	8	financial	financial	ADJ
fsr-3806	1	9	services	service	NOUN
fsr-3806	1	10	review	review	NOUN
fsr-3806	1	11	,	,	PUNCT
fsr-3806	1	12	6(1	6(1	NUM
fsr-3806	1	13	):	):	PUNCT
fsr-3806	1	14	27	27	NUM
fsr-3806	1	15	-	-	SYM
fsr-3806	1	16	39	39	NUM
fsr-3806	1	17	issn	issn	NOUN
fsr-3806	1	18	:	:	PUNCT
fsr-3806	1	19	1057	1057	NUM
fsr-3806	1	20	-	-	SYM
fsr-3806	1	21	0810	0810	NUM
fsr-3806	1	22	copyright	copyright	NOUN
fsr-3806	1	23	©	©	ADP
fsr-3806	1	24	1997	1997	NUM
fsr-3806	1	25	by	by	ADP
fsr-3806	1	26	jai	jai	PROPN
fsr-3806	1	27	press	press	PROPN
fsr-3806	1	28	inc	inc	PROPN
fsr-3806	1	29	.	.	PUNCT
fsr-3806	2	1	all	all	DET
fsr-3806	2	2	rights	right	NOUN
fsr-3806	2	3	of	of	ADP
fsr-3806	2	4	reproduction	reproduction	NOUN
fsr-3806	2	5	in	in	ADP
fsr-3806	2	6	any	any	DET
fsr-3806	2	7	form	form	NOUN
fsr-3806	2	8	reserved	reserve	VERB
fsr-3806	2	9	.	.	PUNCT
fsr-3806	3	1	short	short	ADJ
fsr-3806	3	2	selling	selling	NOUN
fsr-3806	3	3	and	and	CCONJ
fsr-3806	3	4	trading	trading	NOUN
fsr-3806	3	5	abuses	abuse	NOUN
fsr-3806	3	6	on	on	ADP
fsr-3806	3	7	nasdaq	nasdaq	PROPN
fsr-3806	3	8	robert	robert	PROPN
fsr-3806	3	9	l.	l.	PROPN
fsr-3806	3	10	albert	albert	PROPN
fsr-3806	3	11	jr	jr	PROPN
fsr-3806	3	12	.	.	PROPN
fsr-3806	4	1	timothy	timothy	PROPN
fsr-3806	4	2	r.	r.	PROPN
fsr-3806	4	3	smaby	smaby	PROPN
fsr-3806	4	4	h.	h.	PROPN
fsr-3806	4	5	david	david	PROPN
fsr-3806	4	6	robison	robison	PROPN
fsr-3806	4	7	we	we	PRON
fsr-3806	4	8	examine	examine	VERB
fsr-3806	4	9	the	the	DET
fsr-3806	4	10	potential	potential	NOUN
fsr-3806	4	11	for	for	ADP
fsr-3806	4	12	short	short	ADJ
fsr-3806	4	13	-	-	PUNCT
fsr-3806	4	14	selling	sell	VERB
fsr-3806	4	15	trading	trading	NOUN
fsr-3806	4	16	abuses	abuse	NOUN
fsr-3806	4	17	unique	unique	ADJ
fsr-3806	4	18	to	to	ADP
fsr-3806	4	19	nasdaq	nasdaq	PROPN
fsr-3806	4	20	during	during	ADP
fsr-3806	4	21	a	a	DET
fsr-3806	4	22	period	period	NOUN
fsr-3806	4	23	when	when	SCONJ
fsr-3806	4	24	there	there	PRON
fsr-3806	4	25	was	be	VERB
fsr-3806	4	26	no	no	DET
fsr-3806	4	27	up	up	ADJ
fsr-3806	4	28	-	-	PUNCT
fsr-3806	4	29	tick	tick	NOUN
fsr-3806	4	30	rule	rule	NOUN
fsr-3806	4	31	and	and	CCONJ
fsr-3806	4	32	no	no	DET
fsr-3806	4	33	effective	effective	ADJ
fsr-3806	4	34	prohibitions	prohibition	NOUN
fsr-3806	4	35	against	against	ADP
fsr-3806	4	36	"	"	PUNCT
fsr-3806	4	37	naked	naked	ADJ
fsr-3806	4	38	"	"	PUNCT
fsr-3806	4	39	short	short	ADJ
fsr-3806	4	40	selling	selling	NOUN
fsr-3806	4	41	.	.	PUNCT
fsr-3806	5	1	we	we	PRON
fsr-3806	5	2	find	find	VERB
fsr-3806	5	3	that	that	SCONJ
fsr-3806	5	4	(	(	PUNCT
fsr-3806	5	5	a	a	X
fsr-3806	5	6	)	)	PUNCT
fsr-3806	5	7	short	short	ADJ
fsr-3806	5	8	sellers	seller	NOUN
fsr-3806	5	9	earned	earn	VERB
fsr-3806	5	10	significant	significant	ADJ
fsr-3806	5	11	abnormal	abnormal	ADJ
fsr-3806	5	12	returns	return	NOUN
fsr-3806	5	13	on	on	ADP
fsr-3806	5	14	nas	nas	PROPN
fsr-3806	5	15	daq	daq	PROPN
fsr-3806	5	16	securities	security	NOUN
fsr-3806	5	17	,	,	PUNCT
fsr-3806	5	18	but	but	CCONJ
fsr-3806	5	19	these	these	PRON
fsr-3806	5	20	were	be	AUX
fsr-3806	5	21	smaller	small	ADJ
fsr-3806	5	22	than	than	ADP
fsr-3806	5	23	on	on	ADP
fsr-3806	5	24	nysf_/amex	nysf_/amex	NOUN
fsr-3806	5	25	securities	security	NOUN
fsr-3806	5	26	;	;	PUNCT
fsr-3806	5	27	(	(	PUNCT
fsr-3806	5	28	b	b	X
fsr-3806	5	29	)	)	PUNCT
fsr-3806	5	30	they	they	PRON
fsr-3806	5	31	did	do	AUX
fsr-3806	5	32	not	not	PART
fsr-3806	5	33	destabilize	destabilize	VERB
fsr-3806	5	34	markets	market	NOUN
fsr-3806	5	35	by	by	ADP
fsr-3806	5	36	selling	sell	VERB
fsr-3806	5	37	into	into	ADP
fsr-3806	5	38	falling	fall	VERB
fsr-3806	5	39	markets	market	NOUN
fsr-3806	5	40	and	and	CCONJ
fsr-3806	5	41	exacerbating	exacerbate	VERB
fsr-3806	5	42	price	price	NOUN
fsr-3806	5	43	drops	drop	NOUN
fsr-3806	5	44	;	;	PUNCT
fsr-3806	5	45	and	and	CCONJ
fsr-3806	5	46	(	(	PUNCT
fsr-3806	5	47	c	c	X
fsr-3806	5	48	)	)	PUNCT
fsr-3806	5	49	nasdaq	nasdaq	PROPN
fsr-3806	5	50	short	short	ADJ
fsr-3806	5	51	sellers	seller	NOUN
fsr-3806	5	52	may	may	AUX
fsr-3806	5	53	be	be	AUX
fsr-3806	5	54	more	more	ADV
fsr-3806	5	55	susceptible	susceptible	ADJ
fsr-3806	5	56	than	than	ADP
fsr-3806	5	57	nyse	nyse	PROPN
fsr-3806	5	58	/	/	SYM
fsr-3806	5	59	amex	amex	PROPN
fsr-3806	5	60	shorts	short	NOUN
fsr-3806	5	61	to	to	ADP
fsr-3806	5	62	"	"	PUNCT
fsr-3806	5	63	short	short	ADJ
fsr-3806	5	64	squeezes	squeeze	NOUN
fsr-3806	5	65	.	.	PUNCT
fsr-3806	5	66	"	"	PUNCT
fsr-3806	6	1	our	our	PRON
fsr-3806	6	2	results	result	NOUN
fsr-3806	6	3	cast	cast	VERB
fsr-3806	6	4	doubt	doubt	NOUN
fsr-3806	6	5	on	on	ADP
fsr-3806	6	6	the	the	DET
fsr-3806	6	7	appropriateness	appropriateness	NOUN
fsr-3806	6	8	of	of	ADP
fsr-3806	6	9	recent	recent	ADJ
fsr-3806	6	10	regulatory	regulatory	ADJ
fsr-3806	6	11	reforms	reform	NOUN
fsr-3806	6	12	established	establish	VERB
fsr-3806	6	13	for	for	ADP
fsr-3806	6	14	nasdaq	nasdaq	NOUN
fsr-3806	6	15	and	and	CCONJ
fsr-3806	6	16	public	public	ADJ
fsr-3806	6	17	concern	concern	NOUN
fsr-3806	6	18	over	over	ADP
fsr-3806	6	19	nasdaq	nasdaq	PROPN
fsr-3806	6	20	short	short	ADV
fsr-3806	6	21	-	-	PUNCT
fsr-3806	6	22	selling	sell	VERB
fsr-3806	6	23	abuses	abuse	NOUN
fsr-3806	6	24	.	.	PUNCT
fsr-3806	7	1	i	i	PRON
fsr-3806	7	2	.	.	PUNCT
fsr-3806	8	1	introduction	introduction	NOUN
fsr-3806	8	2	short	short	ADJ
fsr-3806	8	3	sellers	seller	NOUN
fsr-3806	8	4	attempt	attempt	VERB
fsr-3806	8	5	to	to	PART
fsr-3806	8	6	profit	profit	VERB
fsr-3806	8	7	from	from	ADP
fsr-3806	8	8	expected	expect	VERB
fsr-3806	8	9	declines	decline	NOUN
fsr-3806	8	10	in	in	ADP
fsr-3806	8	11	stock	stock	NOUN
fsr-3806	8	12	prices	price	NOUN
fsr-3806	8	13	by	by	ADP
fsr-3806	8	14	borrok	borrok	NOUN
fsr-3806	8	15	,	,	PUNCT
fsr-3806	8	16	ing	ing	ADJ
fsr-3806	8	17	and	and	CCONJ
fsr-3806	8	18	sell	sell	VERB
fsr-3806	8	19	ing	ing	ADJ
fsr-3806	8	20	shares	share	NOUN
fsr-3806	8	21	they	they	PRON
fsr-3806	8	22	do	do	AUX
fsr-3806	8	23	not	not	PART
fsr-3806	8	24	own	own	VERB
fsr-3806	8	25	,	,	PUNCT
fsr-3806	8	26	then	then	ADV
fsr-3806	8	27	buying	buy	VERB
fsr-3806	8	28	and	and	CCONJ
fsr-3806	8	29	replacing	replace	VERB
fsr-3806	8	30	the	the	DET
fsr-3806	8	31	borrowed	borrow	VERB
fsr-3806	8	32	shares	share	NOUN
fsr-3806	8	33	when	when	SCONJ
fsr-3806	8	34	the	the	DET
fsr-3806	8	35	price	price	NOUN
fsr-3806	8	36	drops	drop	VERB
fsr-3806	8	37	.	.	PUNCT
fsr-3806	9	1	while	while	SCONJ
fsr-3806	9	2	it	it	PRON
fsr-3806	9	3	is	be	AUX
fsr-3806	9	4	a	a	DET
fsr-3806	9	5	time	time	NOUN
fsr-3806	9	6	-	-	PUNCT
fsr-3806	9	7	honored	honor	VERB
fsr-3806	9	8	method	method	NOUN
fsr-3806	9	9	of	of	ADP
fsr-3806	9	10	exploiting	exploit	VERB
fsr-3806	9	11	bad	bad	ADJ
fsr-3806	9	12	news	news	NOUN
fsr-3806	9	13	about	about	ADP
fsr-3806	9	14	stock	stock	NOUN
fsr-3806	9	15	prices	price	NOUN
fsr-3806	9	16	,	,	PUNCT
fsr-3806	9	17	the	the	DET
fsr-3806	9	18	practice	practice	NOUN
fsr-3806	9	19	has	have	AUX
fsr-3806	9	20	come	come	VERB
fsr-3806	9	21	under	under	ADP
fsr-3806	9	22	increasing	increase	VERB
fsr-3806	9	23	regulatory	regulatory	ADJ
fsr-3806	9	24	scrutiny	scrutiny	NOUN
fsr-3806	9	25	as	as	SCONJ
fsr-3806	9	26	other	other	ADJ
fsr-3806	9	27	market	market	NOUN
fsr-3806	9	28	participants	participant	NOUN
fsr-3806	9	29	have	have	AUX
fsr-3806	9	30	accused	accuse	VERB
fsr-3806	9	31	short	short	ADJ
fsr-3806	9	32	sellers	seller	NOUN
fsr-3806	9	33	of	of	ADP
fsr-3806	9	34	manipulating	manipulate	VERB
fsr-3806	9	35	prices	price	NOUN
fsr-3806	9	36	,	,	PUNCT
fsr-3806	9	37	increasing	increase	VERB
fsr-3806	9	38	volatility	volatility	NOUN
fsr-3806	9	39	and	and	CCONJ
fsr-3806	9	40	exacerbating	exacerbate	VERB
fsr-3806	9	41	price	price	NOUN
fsr-3806	9	42	drops	drop	NOUN
fsr-3806	9	43	in	in	ADP
fsr-3806	9	44	declining	decline	VERB
fsr-3806	9	45	markets	market	NOUN
fsr-3806	9	46	.	.	PUNCT
fsr-3806	10	1	descriptions	description	NOUN
fsr-3806	10	2	of	of	ADP
fsr-3806	10	3	short	short	ADJ
fsr-3806	10	4	sellers	seller	NOUN
fsr-3806	10	5	'	'	PART
fsr-3806	10	6	trading	trading	NOUN
fsr-3806	10	7	activities	activity	NOUN
fsr-3806	10	8	have	have	AUX
fsr-3806	10	9	been	be	AUX
fsr-3806	10	10	decidedly	decidedly	ADV
fsr-3806	10	11	one	one	NUM
fsr-3806	10	12	-	-	PUNCT
fsr-3806	10	13	sided	sided	ADJ
fsr-3806	10	14	,	,	PUNCT
fsr-3806	10	15	por	por	NOUN
fsr-3806	10	16	traying	traying	NOUN
fsr-3806	10	17	shorts	short	NOUN
fsr-3806	10	18	as	as	ADP
fsr-3806	10	19	stock	stock	NOUN
fsr-3806	10	20	-	-	PUNCT
fsr-3806	10	21	bashing	bash	VERB
fsr-3806	10	22	rumor	rumor	NOUN
fsr-3806	10	23	mongers	monger	NOUN
fsr-3806	10	24	.	.	PUNCT
fsr-3806	11	1	weiss	weiss	PROPN
fsr-3806	11	2	(	(	PUNCT
fsr-3806	11	3	1996	1996	NUM
fsr-3806	11	4	)	)	PUNCT
fsr-3806	11	5	,	,	PUNCT
fsr-3806	11	6	in	in	ADP
fsr-3806	11	7	a	a	DET
fsr-3806	11	8	recent	recent	ADJ
fsr-3806	11	9	business	business	NOUN
fsr-3806	11	10	week	week	NOUN
fsr-3806	11	11	report	report	NOUN
fsr-3806	11	12	,	,	PUNCT
fsr-3806	11	13	reveals	reveal	VERB
fsr-3806	11	14	common	common	ADJ
fsr-3806	11	15	misperceptions	misperception	NOUN
fsr-3806	11	16	of	of	ADP
fsr-3806	11	17	short	short	ADJ
fsr-3806	11	18	sellers	seller	NOUN
fsr-3806	11	19	held	hold	VERB
fsr-3806	11	20	by	by	ADP
fsr-3806	11	21	other	other	ADJ
fsr-3806	11	22	investors	investor	NOUN
fsr-3806	11	23	.	.	PUNCT
fsr-3806	12	1	he	he	PRON
fsr-3806	12	2	identi	identi	VERB
fsr-3806	12	3	fies	fie	NOUN
fsr-3806	12	4	an	an	DET
fsr-3806	12	5	executive	executive	NOUN
fsr-3806	12	6	who	who	PRON
fsr-3806	12	7	blames	blame	VERB
fsr-3806	12	8	his	his	PRON
fsr-3806	12	9	company	company	NOUN
fsr-3806	12	10	's	's	PART
fsr-3806	12	11	recent	recent	ADJ
fsr-3806	12	12	stock	stock	NOUN
fsr-3806	12	13	slide	slide	NOUN
fsr-3806	12	14	of	of	ADP
fsr-3806	12	15	60	60	NUM
fsr-3806	12	16	%	%	NOUN
fsr-3806	12	17	over	over	ADP
fsr-3806	12	18	three	three	NUM
fsr-3806	12	19	months	month	NOUN
fsr-3806	12	20	on	on	ADP
fsr-3806	12	21	"	"	PUNCT
fsr-3806	12	22	mudslinging	mudslinge	VERB
fsr-3806	12	23	'	'	PUNCT
fsr-3806	12	24	"	"	PUNCT
fsr-3806	12	25	short	short	ADJ
fsr-3806	12	26	sellers	seller	NOUN
fsr-3806	12	27	.	.	PUNCT
fsr-3806	13	1	according	accord	VERB
fsr-3806	13	2	to	to	ADP
fsr-3806	13	3	weiss	weiss	PROPN
fsr-3806	13	4	,	,	PUNCT
fsr-3806	13	5	many	many	ADJ
fsr-3806	13	6	market	market	NOUN
fsr-3806	13	7	participants	participant	NOUN
fsr-3806	13	8	view	view	VERB
fsr-3806	13	9	short	short	ADJ
fsr-3806	13	10	sellers	seller	NOUN
fsr-3806	13	11	as	as	ADP
fsr-3806	13	12	the	the	DET
fsr-3806	13	13	"	"	PUNCT
fsr-3806	13	14	assassins	assassin	NOUN
fsr-3806	13	15	of	of	ADP
fsr-3806	13	16	corporate	corporate	ADJ
fsr-3806	13	17	america	america	PROPN
fsr-3806	13	18	.	.	PUNCT
fsr-3806	13	19	"	"	PUNCT
fsr-3806	14	1	they	they	PRON
fsr-3806	14	2	believe	believe	VERB
fsr-3806	14	3	small	small	ADJ
fsr-3806	14	4	-	-	PUNCT
fsr-3806	14	5	cap	cap	NOUN
fsr-3806	14	6	stocks	stock	NOUN
fsr-3806	14	7	are	be	AUX
fsr-3806	14	8	espe	espe	PROPN
fsr-3806	14	9	robert	robert	PROPN
fsr-3806	14	10	l.	l.	PROPN
fsr-3806	14	11	albert	albert	PROPN
fsr-3806	14	12	jr	jr	PROPN
fsr-3806	14	13	.	.	PROPN
fsr-3806	14	14	•	•	PROPN
fsr-3806	14	15	assistant	assistant	NOUN
fsr-3806	14	16	professor	professor	NOUN
fsr-3806	14	17	of	of	ADP
fsr-3806	14	18	finance	finance	NOUN
fsr-3806	14	19	,	,	PUNCT
fsr-3806	14	20	morehead	morehead	PROPN
fsr-3806	14	21	state	state	PROPN
fsr-3806	14	22	university	university	PROPN
fsr-3806	14	23	,	,	PUNCT
fsr-3806	14	24	morehead	morehead	PROPN
fsr-3806	14	25	,	,	PUNCT
fsr-3806	14	26	ky	ky	PROPN
fsr-3806	14	27	40351	40351	NUM
fsr-3806	14	28	;	;	PUNCT
fsr-3806	15	1	e	e	X
fsr-3806	15	2	-	-	NOUN
fsr-3806	15	3	mail	mail	NOUN
fsr-3806	15	4	:	:	PUNCT
fsr-3806	15	5	r.albert@morehead-st.edu	r.albert@morehead-st.edu	PROPN
fsr-3806	15	6	.	.	PUNCT
fsr-3806	16	1	timothy	timothy	PROPN
fsr-3806	16	2	r.	r.	PROPN
fsr-3806	16	3	smaby	smaby	PROPN
fsr-3806	16	4	•	•	NUM
fsr-3806	16	5	assistant	assistant	NOUN
fsr-3806	16	6	professor	professor	NOUN
fsr-3806	16	7	of	of	ADP
fsr-3806	16	8	finance	finance	NOUN
fsr-3806	16	9	,	,	PUNCT
fsr-3806	16	10	penn	penn	PROPN
fsr-3806	16	11	state	state	PROPN
fsr-3806	16	12	eriedthe	eriedthe	PROPN
fsr-3806	16	13	behrend	behrend	PROPN
fsr-3806	16	14	college	college	NOUN
fsr-3806	16	15	,	,	PUNCT
fsr-3806	16	16	station	station	NOUN
fsr-3806	16	17	road	road	NOUN
fsr-3806	16	18	,	,	PUNCT
fsr-3806	16	19	erie	erie	PROPN
fsr-3806	16	20	,	,	PUNCT
fsr-3806	16	21	pa	pa	PROPN
fsr-3806	16	22	16563	16563	NUM
fsr-3806	16	23	-	-	SYM
fsr-3806	16	24	1400	1400	NUM
fsr-3806	16	25	;	;	PUNCT
fsr-3806	16	26	e	e	X
fsr-3806	16	27	-	-	NOUN
fsr-3806	16	28	mail	mail	NOUN
fsr-3806	16	29	:	:	PUNCT
fsr-3806	16	30	trsl0@psuvrn.psu.edu	trsl0@psuvrn.psu.edu	NUM
fsr-3806	16	31	.	.	PUNCT
fsr-3806	17	1	h.	h.	PROPN
fsr-3806	17	2	david	david	PROPN
fsr-3806	17	3	robison	robison	PROPN
fsr-3806	17	4	•	•	ADV
fsr-3806	17	5	associate	associate	NOUN
fsr-3806	17	6	professor	professor	NOUN
fsr-3806	17	7	of	of	ADP
fsr-3806	17	8	economics	economic	NOUN
fsr-3806	17	9	,	,	PUNCT
fsr-3806	17	10	la	la	X
fsr-3806	17	11	salle	salle	PROPN
fsr-3806	17	12	university	university	PROPN
fsr-3806	17	13	,	,	PUNCT
fsr-3806	17	14	philadelphia	philadelphia	PROPN
fsr-3806	17	15	,	,	PUNCT
fsr-3806	17	16	pa	pa	PROPN
fsr-3806	17	17	19141	19141	NUM
fsr-3806	17	18	;	;	PUNCT
fsr-3806	17	19	e	e	X
fsr-3806	17	20	-	-	NOUN
fsr-3806	17	21	mail	mail	NOUN
fsr-3806	17	22	:	:	PUNCT
fsr-3806	17	23	robison@lasalle.edu	robison@lasalle.edu	NOUN
fsr-3806	17	24	.	.	PUNCT
fsr-3806	18	1	28	28	NUM
fsr-3806	18	2	financial	financial	ADJ
fsr-3806	18	3	services	service	NOUN
fsr-3806	18	4	review	review	VERB
fsr-3806	18	5	6(1	6(1	NUM
fsr-3806	18	6	)	)	PUNCT
fsr-3806	18	7	1997	1997	NUM
fsr-3806	18	8	cially	cially	ADV
fsr-3806	18	9	vulnerable	vulnerable	ADJ
fsr-3806	18	10	to	to	ADP
fsr-3806	18	11	the	the	DET
fsr-3806	18	12	trading	trading	NOUN
fsr-3806	18	13	abuses	abuse	NOUN
fsr-3806	18	14	of	of	ADP
fsr-3806	18	15	short	short	ADJ
fsr-3806	18	16	sellers	seller	NOUN
fsr-3806	18	17	because	because	SCONJ
fsr-3806	18	18	negative	negative	ADJ
fsr-3806	18	19	rumors	rumor	NOUN
fsr-3806	18	20	can	can	AUX
fsr-3806	18	21	have	have	VERB
fsr-3806	18	22	a	a	DET
fsr-3806	18	23	more	more	ADV
fsr-3806	18	24	significant	significant	ADJ
fsr-3806	18	25	impact	impact	NOUN
fsr-3806	18	26	on	on	ADP
fsr-3806	18	27	share	share	NOUN
fsr-3806	18	28	prices	price	NOUN
fsr-3806	18	29	of	of	ADP
fsr-3806	18	30	thinly	thinly	ADV
fsr-3806	18	31	capitalized	capitalize	VERB
fsr-3806	18	32	firms	firm	NOUN
fsr-3806	18	33	.	.	PUNCT
fsr-3806	19	1	it	it	PRON
fsr-3806	19	2	is	be	AUX
fsr-3806	19	3	generally	generally	ADV
fsr-3806	19	4	acknowledged	acknowledge	VERB
fsr-3806	19	5	by	by	ADP
fsr-3806	19	6	market	market	NOUN
fsr-3806	19	7	participants	participant	NOUN
fsr-3806	19	8	that	that	PRON
fsr-3806	19	9	short	short	ADJ
fsr-3806	19	10	selling	selling	NOUN
fsr-3806	19	11	fraud	fraud	NOUN
fsr-3806	19	12	schemes	scheme	NOUN
fsr-3806	19	13	have	have	AUX
fsr-3806	19	14	been	be	AUX
fsr-3806	19	15	more	more	ADV
fsr-3806	19	16	prevalent	prevalent	ADJ
fsr-3806	19	17	in	in	ADP
fsr-3806	19	18	nasdaq	nasdaq	PROPN
fsr-3806	19	19	securities	security	NOUN
fsr-3806	19	20	due	due	ADP
fsr-3806	19	21	to	to	ADP
fsr-3806	19	22	the	the	DET
fsr-3806	19	23	previously	previously	ADV
fsr-3806	19	24	more	more	ADV
fsr-3806	19	25	lax	lax	ADJ
fsr-3806	19	26	short	short	ADJ
fsr-3806	19	27	-	-	PUNCT
fsr-3806	19	28	selling	sell	VERB
fsr-3806	19	29	requirements	requirement	NOUN
fsr-3806	19	30	for	for	ADP
fsr-3806	19	31	nasdaq	nasdaq	PROPN
fsr-3806	19	32	securities	security	NOUN
fsr-3806	19	33	.	.	PUNCT
fsr-3806	20	1	in	in	ADP
fsr-3806	20	2	a	a	DET
fsr-3806	20	3	recent	recent	ADJ
fsr-3806	20	4	wall	wall	PROPN
fsr-3806	20	5	street	street	PROPN
fsr-3806	20	6	journal	journal	PROPN
fsr-3806	20	7	article	article	PROPN
fsr-3806	20	8	,	,	PUNCT
fsr-3806	20	9	power	power	NOUN
fsr-3806	20	10	(	(	PUNCT
fsr-3806	20	11	1995	1995	NUM
fsr-3806	20	12	)	)	PUNCT
fsr-3806	20	13	,	,	PUNCT
fsr-3806	20	14	identifies	identify	VERB
fsr-3806	20	15	an	an	DET
fsr-3806	20	16	atlanta	atlanta	PROPN
fsr-3806	20	17	trader	trader	NOUN
fsr-3806	20	18	who	who	PRON
fsr-3806	20	19	was	be	AUX
fsr-3806	20	20	charged	charge	VERB
fsr-3806	20	21	with	with	ADP
fsr-3806	20	22	a	a	DET
fsr-3806	20	23	short	short	ADJ
fsr-3806	20	24	-	-	PUNCT
fsr-3806	20	25	selling	sell	VERB
fsr-3806	20	26	fraud	fraud	NOUN
fsr-3806	20	27	scheme	scheme	NOUN
fsr-3806	20	28	which	which	PRON
fsr-3806	20	29	cost	cost	VERB
fsr-3806	20	30	wall	wall	PROPN
fsr-3806	20	31	street	street	PROPN
fsr-3806	20	32	brokerage	brokerage	NOUN
fsr-3806	20	33	firms	firm	NOUN
fsr-3806	20	34	$	$	SYM
fsr-3806	20	35	13.5	13.5	NUM
fsr-3806	20	36	million	million	NUM
fsr-3806	20	37	.	.	PUNCT
fsr-3806	21	1	the	the	DET
fsr-3806	21	2	trader	trader	NOUN
fsr-3806	21	3	allegedly	allegedly	ADV
fsr-3806	21	4	sold	sell	VERB
fsr-3806	21	5	stock	stock	NOUN
fsr-3806	21	6	in	in	ADP
fsr-3806	21	7	six	six	NUM
fsr-3806	21	8	firms	firm	NOUN
fsr-3806	21	9	(	(	PUNCT
fsr-3806	21	10	five	five	NUM
fsr-3806	21	11	of	of	ADP
fsr-3806	21	12	which	which	PRON
fsr-3806	21	13	were	be	AUX
fsr-3806	21	14	traded	trade	VERB
fsr-3806	21	15	on	on	ADP
fsr-3806	21	16	nasdaq	nasdaq	PROPN
fsr-3806	21	17	)	)	PUNCT
fsr-3806	21	18	he	he	PRON
fsr-3806	21	19	did	do	AUX
fsr-3806	21	20	not	not	PART
fsr-3806	21	21	own	own	VERB
fsr-3806	21	22	.	.	PUNCT
fsr-3806	22	1	he	he	PRON
fsr-3806	22	2	then	then	ADV
fsr-3806	22	3	planned	plan	VERB
fsr-3806	22	4	to	to	PART
fsr-3806	22	5	settle	settle	VERB
fsr-3806	22	6	the	the	DET
fsr-3806	22	7	trades	trade	NOUN
fsr-3806	22	8	by	by	ADP
fsr-3806	22	9	purchasing	purchase	VERB
fsr-3806	22	10	the	the	DET
fsr-3806	22	11	stock	stock	NOUN
fsr-3806	22	12	from	from	ADP
fsr-3806	22	13	another	another	DET
fsr-3806	22	14	firm	firm	NOUN
fsr-3806	22	15	when	when	SCONJ
fsr-3806	22	16	prices	price	NOUN
fsr-3806	22	17	fell	fall	VERB
fsr-3806	22	18	.	.	PUNCT
fsr-3806	23	1	when	when	SCONJ
fsr-3806	23	2	prices	price	NOUN
fsr-3806	23	3	did	do	AUX
fsr-3806	23	4	not	not	PART
fsr-3806	23	5	fall	fall	VERB
fsr-3806	23	6	,	,	PUNCT
fsr-3806	23	7	the	the	DET
fsr-3806	23	8	trader	trader	NOUN
fsr-3806	23	9	allegedly	allegedly	ADV
fsr-3806	23	10	walked	walk	VERB
fsr-3806	23	11	away	away	ADV
fsr-3806	23	12	from	from	ADP
fsr-3806	23	13	his	his	PRON
fsr-3806	23	14	obligation	obligation	NOUN
fsr-3806	23	15	,	,	PUNCT
fsr-3806	23	16	leaving	leave	VERB
fsr-3806	23	17	the	the	DET
fsr-3806	23	18	brokerage	brokerage	NOUN
fsr-3806	23	19	houses	house	NOUN
fsr-3806	23	20	liable	liable	ADJ
fsr-3806	23	21	for	for	ADP
fsr-3806	23	22	his	his	PRON
fsr-3806	23	23	losses	loss	NOUN
fsr-3806	23	24	.	.	PUNCT
fsr-3806	24	1	the	the	DET
fsr-3806	24	2	primary	primary	ADJ
fsr-3806	24	3	motivation	motivation	NOUN
fsr-3806	24	4	for	for	ADP
fsr-3806	24	5	this	this	DET
fsr-3806	24	6	paper	paper	NOUN
fsr-3806	24	7	is	be	AUX
fsr-3806	24	8	to	to	PART
fsr-3806	24	9	examine	examine	VERB
fsr-3806	24	10	the	the	DET
fsr-3806	24	11	potential	potential	NOUN
fsr-3806	24	12	for	for	ADP
fsr-3806	24	13	short	short	ADJ
fsr-3806	24	14	-	-	PUNCT
fsr-3806	24	15	selling	sell	VERB
fsr-3806	24	16	trad	trad	NOUN
fsr-3806	24	17	ing	ing	ADJ
fsr-3806	24	18	abuses	abuse	NOUN
fsr-3806	24	19	unique	unique	ADJ
fsr-3806	24	20	to	to	ADP
fsr-3806	24	21	nasdaq	nasdaq	PROPN
fsr-3806	24	22	stocks	stock	NOUN
fsr-3806	24	23	before	before	SCONJ
fsr-3806	24	24	recent	recent	ADJ
fsr-3806	24	25	restrictive	restrictive	ADJ
fsr-3806	24	26	regulatory	regulatory	ADJ
fsr-3806	24	27	changes	change	NOUN
fsr-3806	24	28	were	be	AUX
fsr-3806	24	29	enacted	enact	VERB
fsr-3806	24	30	.	.	PUNCT
fsr-3806	25	1	in	in	ADP
fsr-3806	25	2	order	order	NOUN
fsr-3806	25	3	to	to	PART
fsr-3806	25	4	determine	determine	VERB
fsr-3806	25	5	the	the	DET
fsr-3806	25	6	potential	potential	NOUN
fsr-3806	25	7	for	for	ADP
fsr-3806	25	8	trading	trading	NOUN
fsr-3806	25	9	abuses	abuse	NOUN
fsr-3806	25	10	uniquely	uniquely	ADV
fsr-3806	25	11	attributable	attributable	ADJ
fsr-3806	25	12	to	to	ADP
fsr-3806	25	13	the	the	DET
fsr-3806	25	14	previously	previously	ADV
fsr-3806	25	15	more	more	ADV
fsr-3806	25	16	lax	lax	ADJ
fsr-3806	25	17	nasdaq	nasdaq	PROPN
fsr-3806	25	18	short	short	ADJ
fsr-3806	25	19	selling	selling	NOUN
fsr-3806	25	20	regulations	regulation	NOUN
fsr-3806	25	21	,	,	PUNCT
fsr-3806	25	22	we	we	PRON
fsr-3806	25	23	also	also	ADV
fsr-3806	25	24	examine	examine	VERB
fsr-3806	25	25	short	short	ADV
fsr-3806	25	26	-	-	PUNCT
fsr-3806	25	27	selling	sell	VERB
fsr-3806	25	28	prac	prac	PROPN
fsr-3806	25	29	tices	tice	NOUN
fsr-3806	25	30	on	on	ADP
fsr-3806	25	31	the	the	DET
fsr-3806	25	32	organized	organized	ADJ
fsr-3806	25	33	exchanges	exchange	NOUN
fsr-3806	25	34	.	.	PUNCT
fsr-3806	26	1	of	of	ADP
fsr-3806	26	2	particular	particular	ADJ
fsr-3806	26	3	interest	interest	NOUN
fsr-3806	26	4	is	be	AUX
fsr-3806	26	5	whether	whether	SCONJ
fsr-3806	26	6	short	short	ADJ
fsr-3806	26	7	sellers	seller	NOUN
fsr-3806	26	8	earn	earn	VERB
fsr-3806	26	9	abnor	abnor	NOUN
fsr-3806	26	10	mal	mal	ADJ
fsr-3806	26	11	returns	return	NOUN
fsr-3806	26	12	on	on	ADP
fsr-3806	26	13	nasdaq	nasdaq	PROPN
fsr-3806	26	14	securities	security	NOUN
fsr-3806	26	15	,	,	PUNCT
fsr-3806	26	16	and	and	CCONJ
fsr-3806	26	17	whether	whether	SCONJ
fsr-3806	26	18	they	they	PRON
fsr-3806	26	19	exacerbate	exacerbate	VERB
fsr-3806	26	20	price	price	NOUN
fsr-3806	26	21	drops	drop	NOUN
fsr-3806	26	22	by	by	ADP
fsr-3806	26	23	selling	sell	VERB
fsr-3806	26	24	in	in	ADP
fsr-3806	26	25	falling	fall	VERB
fsr-3806	26	26	markets	market	NOUN
fsr-3806	26	27	.	.	PUNCT
fsr-3806	27	1	previous	previous	ADJ
fsr-3806	27	2	research	research	NOUN
fsr-3806	27	3	,	,	PUNCT
fsr-3806	27	4	with	with	ADP
fsr-3806	27	5	one	one	NUM
fsr-3806	27	6	exception	exception	NOUN
fsr-3806	27	7	,	,	PUNCT
fsr-3806	27	8	has	have	AUX
fsr-3806	27	9	focused	focus	VERB
fsr-3806	27	10	on	on	ADP
fsr-3806	27	11	the	the	DET
fsr-3806	27	12	profitability	profitability	NOUN
fsr-3806	27	13	of	of	ADP
fsr-3806	27	14	short	short	ADJ
fsr-3806	27	15	selling	selling	NOUN
fsr-3806	27	16	on	on	ADP
fsr-3806	27	17	the	the	DET
fsr-3806	27	18	nyse	nyse	PROPN
fsr-3806	27	19	/	/	SYM
fsr-3806	27	20	amex	amex	PROPN
fsr-3806	27	21	organized	organize	VERB
fsr-3806	27	22	exchanges	exchange	NOUN
fsr-3806	27	23	.	.	PUNCT
fsr-3806	28	1	until	until	ADP
fsr-3806	28	2	1994	1994	NUM
fsr-3806	28	3	,	,	PUNCT
fsr-3806	28	4	nasdaq	nasdaq	PROPN
fsr-3806	28	5	,	,	PUNCT
fsr-3806	28	6	unlike	unlike	ADP
fsr-3806	28	7	the	the	DET
fsr-3806	28	8	organized	organized	ADJ
fsr-3806	28	9	exchanges	exchange	NOUN
fsr-3806	28	10	,	,	PUNCT
fsr-3806	28	11	lacked	lack	VERB
fsr-3806	28	12	an	an	DET
fsr-3806	28	13	uptick	uptick	NOUN
fsr-3806	28	14	mie	mie	PROPN
fsr-3806	28	15	and	and	CCONJ
fsr-3806	28	16	effec	effec	PROPN
fsr-3806	28	17	tive	tive	PROPN
fsr-3806	28	18	prohibitions	prohibition	NOUN
fsr-3806	28	19	against	against	ADP
fsr-3806	28	20	naked	naked	ADJ
fsr-3806	28	21	short	short	ADJ
fsr-3806	28	22	selling	selling	NOUN
fsr-3806	28	23	.	.	PUNCT
fsr-3806	29	1	an	an	DET
fsr-3806	29	2	uptick	uptick	NOUN
fsr-3806	29	3	rule	rule	NOUN
fsr-3806	29	4	is	be	AUX
fsr-3806	29	5	intended	intend	VERB
fsr-3806	29	6	to	to	PART
fsr-3806	29	7	prevent	prevent	VERB
fsr-3806	29	8	short	short	ADJ
fsr-3806	29	9	sellers	seller	NOUN
fsr-3806	29	10	from	from	ADP
fsr-3806	29	11	exacerbating	exacerbate	VERB
fsr-3806	29	12	price	price	NOUN
fsr-3806	29	13	declines	decline	NOUN
fsr-3806	29	14	by	by	ADP
fsr-3806	29	15	requiring	require	VERB
fsr-3806	29	16	them	they	PRON
fsr-3806	29	17	to	to	PART
fsr-3806	29	18	sell	sell	VERB
fsr-3806	29	19	at	at	ADP
fsr-3806	29	20	a	a	DET
fsr-3806	29	21	price	price	NOUN
fsr-3806	29	22	greater	great	ADJ
fsr-3806	29	23	than	than	ADP
fsr-3806	29	24	that	that	PRON
fsr-3806	29	25	of	of	ADP
fsr-3806	29	26	the	the	DET
fsr-3806	29	27	last	last	ADJ
fsr-3806	29	28	recorded	record	VERB
fsr-3806	29	29	trade	trade	NOUN
fsr-3806	29	30	.	.	PUNCT
fsr-3806	30	1	naked	naked	ADJ
fsr-3806	30	2	short	short	ADJ
fsr-3806	30	3	selling	selling	NOUN
fsr-3806	30	4	occurs	occur	VERB
fsr-3806	30	5	when	when	SCONJ
fsr-3806	30	6	a	a	DET
fsr-3806	30	7	trader	trader	NOUN
fsr-3806	30	8	sells	sell	VERB
fsr-3806	30	9	securities	security	NOUN
fsr-3806	30	10	short	short	ADJ
fsr-3806	30	11	without	without	ADP
fsr-3806	30	12	frrst	frrst	ADJ
fsr-3806	30	13	borrowing	borrow	VERB
fsr-3806	30	14	the	the	DET
fsr-3806	30	15	shares	share	NOUN
fsr-3806	30	16	in	in	ADP
fsr-3806	30	17	the	the	DET
fsr-3806	30	18	open	open	ADJ
fsr-3806	30	19	market	market	NOUN
fsr-3806	30	20	.	.	PUNCT
fsr-3806	31	1	if	if	SCONJ
fsr-3806	31	2	the	the	DET
fsr-3806	31	3	short	short	NOUN
fsr-3806	31	4	is	be	AUX
fsr-3806	31	5	then	then	ADV
fsr-3806	31	6	forced	force	VERB
fsr-3806	31	7	to	to	PART
fsr-3806	31	8	purchase	purchase	VERB
fsr-3806	31	9	shares	share	NOUN
fsr-3806	31	10	to	to	PART
fsr-3806	31	11	deliver	deliver	VERB
fsr-3806	31	12	when	when	SCONJ
fsr-3806	31	13	the	the	DET
fsr-3806	31	14	buyer	buyer	NOUN
fsr-3806	31	15	requests	request	VERB
fsr-3806	31	16	a	a	DET
fsr-3806	31	17	buy	buy	NOUN
fsr-3806	31	18	-	-	PUNCT
fsr-3806	31	19	in	in	NOUN
fsr-3806	31	20	,	,	PUNCT
fsr-3806	31	21	there	there	PRON
fsr-3806	31	22	may	may	AUX
fsr-3806	31	23	be	be	AUX
fsr-3806	31	24	a	a	DET
fsr-3806	31	25	short	short	ADJ
fsr-3806	31	26	squeeze	squeeze	NOUN
fsr-3806	31	27	in	in	ADP
fsr-3806	31	28	illiquid	illiquid	ADJ
fsr-3806	31	29	issues	issue	NOUN
fsr-3806	31	30	.	.	PUNCT
fsr-3806	32	1	in	in	ADP
fsr-3806	32	2	the	the	DET
fsr-3806	32	3	mid-1980	mid-1980	NOUN
fsr-3806	32	4	'	'	PUNCT
fsr-3806	32	5	s	s	PROPN
fsr-3806	32	6	,	,	PUNCT
fsr-3806	32	7	the	the	DET
fsr-3806	32	8	national	national	PROPN
fsr-3806	32	9	association	association	PROPN
fsr-3806	32	10	of	of	ADP
fsr-3806	32	11	securities	security	NOUN
fsr-3806	32	12	dealers	dealer	NOUN
fsr-3806	32	13	(	(	PUNCT
fsr-3806	32	14	nasd	nasd	NOUN
fsr-3806	32	15	)	)	PUNCT
fsr-3806	32	16	commis	commis	NOUN
fsr-3806	32	17	sioned	sione	VERB
fsr-3806	32	18	a	a	DET
fsr-3806	32	19	report	report	NOUN
fsr-3806	32	20	by	by	ADP
fsr-3806	32	21	pollack	pollack	PROPN
fsr-3806	32	22	(	(	PUNCT
fsr-3806	32	23	1986	1986	NUM
fsr-3806	32	24	)	)	PUNCT
fsr-3806	32	25	and	and	CCONJ
fsr-3806	32	26	began	begin	VERB
fsr-3806	32	27	to	to	PART
fsr-3806	32	28	develop	develop	VERB
fsr-3806	32	29	proposals	proposal	NOUN
fsr-3806	32	30	on	on	ADP
fsr-3806	32	31	changes	change	NOUN
fsr-3806	32	32	in	in	ADP
fsr-3806	32	33	short	short	ADJ
fsr-3806	32	34	sell	sell	NOUN
fsr-3806	32	35	ing	ing	NOUN
fsr-3806	32	36	of	of	ADP
fsr-3806	32	37	nasdaq	nasdaq	PROPN
fsr-3806	32	38	securities	security	NOUN
fsr-3806	32	39	.	.	PUNCT
fsr-3806	33	1	in	in	ADP
fsr-3806	33	2	1986	1986	NUM
fsr-3806	33	3	,	,	PUNCT
fsr-3806	33	4	nasd	nasd	NOUN
fsr-3806	33	5	received	receive	VERB
fsr-3806	33	6	approval	approval	NOUN
fsr-3806	33	7	from	from	ADP
fsr-3806	33	8	the	the	DET
fsr-3806	33	9	securities	securities	PROPN
fsr-3806	33	10	and	and	CCONJ
fsr-3806	33	11	exchange	exchange	PROPN
fsr-3806	33	12	commission	commission	PROPN
fsr-3806	33	13	(	(	PUNCT
fsr-3806	33	14	sec	sec	PROPN
fsr-3806	33	15	)	)	PUNCT
fsr-3806	33	16	to	to	PART
fsr-3806	33	17	require	require	VERB
fsr-3806	33	18	affmmative	affmmative	ADJ
fsr-3806	33	19	determination	determination	NOUN
fsr-3806	33	20	of	of	ADP
fsr-3806	33	21	the	the	DET
fsr-3806	33	22	deliverability	deliverability	NOUN
fsr-3806	33	23	of	of	ADP
fsr-3806	33	24	shorted	shorted	ADJ
fsr-3806	33	25	shares	share	NOUN
fsr-3806	33	26	to	to	ADP
fsr-3806	33	27	buyers	buyer	NOUN
fsr-3806	33	28	of	of	ADP
fsr-3806	33	29	those	those	DET
fsr-3806	33	30	shares	share	NOUN
fsr-3806	33	31	.	.	PUNCT
fsr-3806	34	1	this	this	DET
fsr-3806	34	2	affirmative	affirmative	ADJ
fsr-3806	34	3	determination	determination	NOUN
fsr-3806	34	4	requirement	requirement	NOUN
fsr-3806	34	5	,	,	PUNCT
fsr-3806	34	6	how	how	SCONJ
fsr-3806	34	7	ever	ever	ADV
fsr-3806	34	8	,	,	PUNCT
fsr-3806	34	9	was	be	AUX
fsr-3806	34	10	often	often	ADV
fsr-3806	34	11	met	meet	VERB
fsr-3806	34	12	simply	simply	ADV
fsr-3806	34	13	by	by	ADP
fsr-3806	34	14	identifying	identify	VERB
fsr-3806	34	15	borrowable	borrowable	ADJ
fsr-3806	34	16	stocks	stock	NOUN
fsr-3806	34	17	listed	list	VERB
fsr-3806	34	18	on	on	ADP
fsr-3806	34	19	daily	daily	ADJ
fsr-3806	34	20	fax	fax	NOUN
fsr-3806	34	21	sheets	sheet	NOUN
fsr-3806	34	22	,	,	PUNCT
fsr-3806	34	23	making	make	VERB
fsr-3806	34	24	it	it	PRON
fsr-3806	34	25	possible	possible	ADJ
fsr-3806	34	26	to	to	ADP
fsr-3806	34	27	short	short	ADJ
fsr-3806	34	28	sell	sell	NOUN
fsr-3806	34	29	securities	security	NOUN
fsr-3806	34	30	without	without	ADP
fsr-3806	34	31	first	first	ADV
fsr-3806	34	32	identifying	identify	VERB
fsr-3806	34	33	the	the	DET
fsr-3806	34	34	specific	specific	ADJ
fsr-3806	34	35	location	location	NOUN
fsr-3806	34	36	and	and	CCONJ
fsr-3806	34	37	ownership	ownership	NOUN
fsr-3806	34	38	of	of	ADP
fsr-3806	34	39	the	the	DET
fsr-3806	34	40	shares	share	NOUN
fsr-3806	34	41	to	to	PART
fsr-3806	34	42	be	be	AUX
fsr-3806	34	43	borrowed	borrow	VERB
fsr-3806	34	44	(	(	PUNCT
fsr-3806	34	45	despite	despite	SCONJ
fsr-3806	34	46	nasd	nasd	NOUN
fsr-3806	34	47	's	's	PART
fsr-3806	34	48	policy	policy	NOUN
fsr-3806	34	49	disallowing	disallow	VERB
fsr-3806	34	50	this	this	DET
fsr-3806	34	51	practice	practice	NOUN
fsr-3806	34	52	)	)	PUNCT
fsr-3806	34	53	.	.	PUNCT
fsr-3806	35	1	discussions	discussion	NOUN
fsr-3806	35	2	with	with	ADP
fsr-3806	35	3	nasd	nasd	NOUN
fsr-3806	35	4	's	's	PART
fsr-3806	35	5	general	general	ADJ
fsr-3806	35	6	counsel	counsel	NOUN
fsr-3806	35	7	's	's	PART
fsr-3806	35	8	office	office	NOUN
fsr-3806	35	9	reveal	reveal	VERB
fsr-3806	35	10	that	that	SCONJ
fsr-3806	35	11	the	the	DET
fsr-3806	35	12	lack	lack	NOUN
fsr-3806	35	13	of	of	ADP
fsr-3806	35	14	an	an	DET
fsr-3806	35	15	annotation	annotation	NOUN
fsr-3806	35	16	requirement	requirement	NOUN
fsr-3806	35	17	often	often	ADV
fsr-3806	35	18	led	lead	VERB
fsr-3806	35	19	to	to	ADP
fsr-3806	35	20	problems	problem	NOUN
fsr-3806	35	21	in	in	ADP
fsr-3806	35	22	enforcement	enforcement	NOUN
fsr-3806	35	23	of	of	ADP
fsr-3806	35	24	the	the	DET
fsr-3806	35	25	affirmative	affirmative	ADJ
fsr-3806	35	26	determination	determination	NOUN
fsr-3806	35	27	require	require	VERB
fsr-3806	35	28	ment	ment	NOUN
fsr-3806	35	29	.	.	PUNCT
fsr-3806	36	1	on	on	ADP
fsr-3806	36	2	july	july	PROPN
fsr-3806	36	3	28	28	NUM
fsr-3806	36	4	,	,	PUNCT
fsr-3806	36	5	1994	1994	NUM
fsr-3806	36	6	,	,	PUNCT
fsr-3806	36	7	the	the	DET
fsr-3806	36	8	nasd	nasd	NOUN
fsr-3806	36	9	filed	file	VERB
fsr-3806	36	10	a	a	DET
fsr-3806	36	11	proposed	propose	VERB
fsr-3806	36	12	rule	rule	NOUN
fsr-3806	36	13	change	change	NOUN
fsr-3806	36	14	with	with	ADP
fsr-3806	36	15	the	the	DET
fsr-3806	36	16	sec	sec	PROPN
fsr-3806	36	17	that	that	PRON
fsr-3806	36	18	would	would	AUX
fsr-3806	36	19	require	require	VERB
fsr-3806	36	20	members	member	NOUN
fsr-3806	36	21	or	or	CCONJ
fsr-3806	36	22	persons	person	NOUN
fsr-3806	36	23	associated	associate	VERB
fsr-3806	36	24	with	with	ADP
fsr-3806	36	25	members	member	NOUN
fsr-3806	36	26	to	to	PART
fsr-3806	36	27	annotate	annotate	VERB
fsr-3806	36	28	the	the	DET
fsr-3806	36	29	affirmative	affirmative	ADJ
fsr-3806	36	30	determi	determi	NOUN
fsr-3806	36	31	nation	nation	NOUN
fsr-3806	36	32	made	make	VERB
fsr-3806	36	33	prior	prior	ADV
fsr-3806	36	34	to	to	ADP
fsr-3806	36	35	effecting	effect	VERB
fsr-3806	36	36	a	a	DET
fsr-3806	36	37	short	short	ADJ
fsr-3806	36	38	sale	sale	NOUN
fsr-3806	36	39	.	.	PUNCT
fsr-3806	37	1	the	the	DET
fsr-3806	37	2	sec	sec	PROPN
fsr-3806	37	3	approved	approve	VERB
fsr-3806	37	4	this	this	DET
fsr-3806	37	5	recommendation	recommendation	NOUN
fsr-3806	37	6	on	on	ADP
fsr-3806	37	7	september	september	PROPN
fsr-3806	37	8	12	12	NUM
fsr-3806	37	9	,	,	PUNCT
fsr-3806	37	10	1994	1994	NUM
fsr-3806	37	11	.	.	PUNCT
fsr-3806	38	1	the	the	DET
fsr-3806	38	2	lack	lack	NOUN
fsr-3806	38	3	of	of	ADP
fsr-3806	38	4	an	an	DET
fsr-3806	38	5	uptick	uptick	NOUN
fsr-3806	38	6	rule	rule	NOUN
fsr-3806	38	7	also	also	ADV
fsr-3806	38	8	contributed	contribute	VERB
fsr-3806	38	9	to	to	ADP
fsr-3806	38	10	the	the	DET
fsr-3806	38	11	chance	chance	NOUN
fsr-3806	38	12	of	of	ADP
fsr-3806	38	13	abusive	abusive	ADJ
fsr-3806	38	14	trading	trading	NOUN
fsr-3806	38	15	practices	practice	NOUN
fsr-3806	38	16	by	by	ADP
fsr-3806	38	17	aggressive	aggressive	ADJ
fsr-3806	38	18	short	short	ADJ
fsr-3806	38	19	sellers	seller	NOUN
fsr-3806	38	20	,	,	PUNCT
fsr-3806	38	21	according	accord	VERB
fsr-3806	38	22	to	to	ADP
fsr-3806	38	23	a	a	DET
fsr-3806	38	24	january	january	PROPN
fsr-3806	38	25	1992	1992	NUM
fsr-3806	38	26	report	report	NOUN
fsr-3806	38	27	by	by	ADP
fsr-3806	38	28	the	the	DET
fsr-3806	38	29	house	house	PROPN
fsr-3806	38	30	committee	committee	PROPN
fsr-3806	38	31	on	on	ADP
fsr-3806	38	32	government	government	NOUN
fsr-3806	38	33	operations	operation	NOUN
fsr-3806	38	34	entitled	entitle	VERB
fsr-3806	38	35	"	"	PUNCT
fsr-3806	38	36	short	short	ADJ
fsr-3806	38	37	-	-	PUNCT
fsr-3806	38	38	selling	sell	VERB
fsr-3806	38	39	activity	activity	NOUN
fsr-3806	38	40	in	in	ADP
fsr-3806	38	41	the	the	DET
fsr-3806	38	42	stock	stock	NOUN
fsr-3806	38	43	market	market	NOUN
fsr-3806	38	44	:	:	PUNCT
fsr-3806	38	45	market	market	NOUN
fsr-3806	38	46	effects	effect	NOUN
fsr-3806	38	47	and	and	CCONJ
fsr-3806	38	48	the	the	DET
fsr-3806	38	49	need	need	NOUN
fsr-3806	38	50	for	for	ADP
fsr-3806	38	51	regulation	regulation	NOUN
fsr-3806	38	52	(	(	PUNCT
fsr-3806	38	53	part	part	NOUN
fsr-3806	38	54	i	i	NOUN
fsr-3806	38	55	)	)	PUNCT
fsr-3806	38	56	.	.	PUNCT
fsr-3806	38	57	"	"	PUNCT
fsr-3806	39	1	on	on	ADP
fsr-3806	39	2	july	july	PROPN
fsr-3806	39	3	29	29	NUM
fsr-3806	39	4	,	,	PUNCT
fsr-3806	39	5	1994	1994	NUM
fsr-3806	39	6	,	,	PUNCT
fsr-3806	39	7	the	the	DET
fsr-3806	39	8	sec	sec	PROPN
fsr-3806	39	9	granted	grant	VERB
fsr-3806	39	10	tempo	tempo	NOUN
fsr-3806	39	11	rary	rary	ADJ
fsr-3806	39	12	18	18	NUM
fsr-3806	39	13	-	-	PUNCT
fsr-3806	39	14	month	month	NOUN
fsr-3806	39	15	approval	approval	NOUN
fsr-3806	39	16	of	of	ADP
fsr-3806	39	17	the	the	DET
fsr-3806	39	18	nasd	nasd	NOUN
fsr-3806	39	19	-	-	PUNCT
fsr-3806	39	20	requested	request	VERB
fsr-3806	39	21	"	"	PUNCT
fsr-3806	39	22	bid	bid	NOUN
fsr-3806	39	23	test	test	NOUN
fsr-3806	39	24	"	"	PUNCT
fsr-3806	39	25	rule	rule	NOUN
fsr-3806	39	26	for	for	ADP
fsr-3806	39	27	short	short	ADJ
fsr-3806	39	28	selling	selling	NOUN
fsr-3806	39	29	of	of	ADP
fsr-3806	39	30	nasd	nasd	NOUN
fsr-3806	39	31	securities	security	NOUN
fsr-3806	39	32	.	.	PUNCT
fsr-3806	40	1	the	the	DET
fsr-3806	40	2	rule	rule	NOUN
fsr-3806	40	3	prohibits	prohibit	VERB
fsr-3806	40	4	members	member	NOUN
fsr-3806	40	5	from	from	ADP
fsr-3806	40	6	effecting	effect	VERB
fsr-3806	40	7	short	short	ADJ
fsr-3806	40	8	sales	sale	NOUN
fsr-3806	40	9	when	when	SCONJ
fsr-3806	40	10	the	the	DET
fsr-3806	40	11	bid	bid	NOUN
fsr-3806	40	12	price	price	NOUN
fsr-3806	40	13	is	be	AUX
fsr-3806	40	14	at	at	ADP
fsr-3806	40	15	or	or	CCONJ
fsr-3806	40	16	below	below	ADP
fsr-3806	40	17	the	the	DET
fsr-3806	40	18	previous	previous	ADJ
fsr-3806	40	19	bid	bid	NOUN
fsr-3806	40	20	,	,	PUNCT
fsr-3806	40	21	but	but	CCONJ
fsr-3806	40	22	provides	provide	VERB
fsr-3806	40	23	an	an	DET
fsr-3806	40	24	exemption	exemption	NOUN
fsr-3806	40	25	for	for	ADP
fsr-3806	40	26	qualified	qualified	ADJ
fsr-3806	40	27	market	market	NOUN
fsr-3806	40	28	makers	maker	NOUN
fsr-3806	40	29	.	.	PUNCT
fsr-3806	41	1	this	this	DET
fsr-3806	41	2	rule	rule	NOUN
fsr-3806	41	3	became	become	VERB
fsr-3806	41	4	effective	effective	ADJ
fsr-3806	41	5	in	in	ADP
fsr-3806	41	6	september	september	PROPN
fsr-3806	41	7	1994	1994	NUM
fsr-3806	41	8	.	.	PUNCT
fsr-3806	42	1	short	short	ADJ
fsr-3806	42	2	selling	selling	NOUN
fsr-3806	42	3	and	and	CCONJ
fsr-3806	42	4	trading	trading	NOUN
fsr-3806	42	5	abuses	abuse	NOUN
fsr-3806	42	6	29	29	NUM
fsr-3806	42	7	individual	individual	ADJ
fsr-3806	42	8	investors	investor	NOUN
fsr-3806	42	9	closely	closely	ADV
fsr-3806	42	10	follow	follow	VERB
fsr-3806	42	11	the	the	DET
fsr-3806	42	12	activities	activity	NOUN
fsr-3806	42	13	of	of	ADP
fsr-3806	42	14	short	short	ADJ
fsr-3806	42	15	sellers	seller	NOUN
fsr-3806	42	16	by	by	ADP
fsr-3806	42	17	monitoring	monitor	VERB
fsr-3806	42	18	large	large	ADJ
fsr-3806	42	19	increases	increase	NOUN
fsr-3806	42	20	in	in	ADP
fsr-3806	42	21	open	open	ADJ
fsr-3806	42	22	short	short	ADJ
fsr-3806	42	23	-	-	PUNCT
fsr-3806	42	24	interest	interest	NOUN
fsr-3806	42	25	positions	position	NOUN
fsr-3806	42	26	of	of	ADP
fsr-3806	42	27	nyse	nyse	PROPN
fsr-3806	42	28	/	/	SYM
fsr-3806	42	29	amex	amex	PROPN
fsr-3806	42	30	and	and	CCONJ
fsr-3806	42	31	nasdaq	nasdaq	PROPN
fsr-3806	42	32	stocks	stock	NOUN
fsr-3806	42	33	reported	report	VERB
fsr-3806	42	34	monthly	monthly	ADV
fsr-3806	42	35	in	in	ADP
fsr-3806	42	36	the	the	DET
fsr-3806	42	37	wall	wall	PROPN
fsr-3806	42	38	street	street	PROPN
fsr-3806	42	39	journal	journal	PROPN
fsr-3806	42	40	.	.	PUNCT
fsr-3806	43	1	if	if	SCONJ
fsr-3806	43	2	large	large	ADJ
fsr-3806	43	3	increases	increase	NOUN
fsr-3806	43	4	in	in	ADP
fsr-3806	43	5	short	short	ADJ
fsr-3806	43	6	interest	interest	NOUN
fsr-3806	43	7	are	be	AUX
fsr-3806	43	8	bearish	bearish	ADJ
fsr-3806	43	9	signals	signal	NOUN
fsr-3806	43	10	,	,	PUNCT
fsr-3806	43	11	individual	individual	ADJ
fsr-3806	43	12	investors	investor	NOUN
fsr-3806	43	13	can	can	AUX
fsr-3806	43	14	earn	earn	VERB
fsr-3806	43	15	abnormal	abnormal	ADJ
fsr-3806	43	16	returns	return	NOUN
fsr-3806	43	17	by	by	ADP
fsr-3806	43	18	shorting	short	VERB
fsr-3806	43	19	those	those	DET
fsr-3806	43	20	shares	share	NOUN
fsr-3806	43	21	following	follow	VERB
fsr-3806	43	22	the	the	DET
fsr-3806	43	23	release	release	NOUN
fsr-3806	43	24	of	of	ADP
fsr-3806	43	25	the	the	DET
fsr-3806	43	26	information	information	NOUN
fsr-3806	43	27	in	in	ADP
fsr-3806	43	28	the	the	DET
fsr-3806	43	29	wall	wall	PROPN
fsr-3806	43	30	street	street	PROPN
fsr-3806	43	31	journal	journal	PROPN
fsr-3806	43	32	.	.	PUNCT
fsr-3806	44	1	if	if	SCONJ
fsr-3806	44	2	large	large	ADJ
fsr-3806	44	3	increases	increase	NOUN
fsr-3806	44	4	are	be	AUX
fsr-3806	44	5	bullish	bullish	ADJ
fsr-3806	44	6	signals	signal	NOUN
fsr-3806	44	7	,	,	PUNCT
fsr-3806	44	8	investors	investor	NOUN
fsr-3806	44	9	can	can	AUX
fsr-3806	44	10	profit	profit	VERB
fsr-3806	44	11	by	by	ADP
fsr-3806	44	12	buying	buy	VERB
fsr-3806	44	13	shares	share	NOUN
fsr-3806	44	14	.	.	PUNCT
fsr-3806	45	1	we	we	PRON
fsr-3806	45	2	define	define	VERB
fsr-3806	45	3	two	two	NUM
fsr-3806	45	4	related	related	ADJ
fsr-3806	45	5	empirical	empirical	ADJ
fsr-3806	45	6	questions	question	NOUN
fsr-3806	45	7	.	.	PUNCT
fsr-3806	46	1	first	first	ADV
fsr-3806	46	2	,	,	PUNCT
fsr-3806	46	3	can	can	AUX
fsr-3806	46	4	short	short	ADJ
fsr-3806	46	5	sellers	seller	NOUN
fsr-3806	46	6	earn	earn	VERB
fsr-3806	46	7	abnormal	abnormal	ADJ
fsr-3806	46	8	returns	return	NOUN
fsr-3806	46	9	?	?	PUNCT
fsr-3806	47	1	second	second	ADJ
fsr-3806	47	2	,	,	PUNCT
fsr-3806	47	3	can	can	AUX
fsr-3806	47	4	individual	individual	ADJ
fsr-3806	47	5	investors	investor	NOUN
fsr-3806	47	6	earn	earn	VERB
fsr-3806	47	7	abnormal	abnormal	ADJ
fsr-3806	47	8	returns	return	NOUN
fsr-3806	47	9	by	by	ADP
fsr-3806	47	10	reacting	react	VERB
fsr-3806	47	11	to	to	ADP
fsr-3806	47	12	published	publish	VERB
fsr-3806	47	13	reports	report	NOUN
fsr-3806	47	14	of	of	ADP
fsr-3806	47	15	short	short	ADJ
fsr-3806	47	16	-	-	PUNCT
fsr-3806	47	17	selling	sell	VERB
fsr-3806	47	18	activity	activity	NOUN
fsr-3806	47	19	?	?	PUNCT
fsr-3806	48	1	previous	previous	ADJ
fsr-3806	48	2	studies	study	NOUN
fsr-3806	48	3	confuse	confuse	VERB
fsr-3806	48	4	the	the	DET
fsr-3806	48	5	empirical	empirical	ADJ
fsr-3806	48	6	implications	implication	NOUN
fsr-3806	48	7	of	of	ADP
fsr-3806	48	8	these	these	DET
fsr-3806	48	9	questions	question	NOUN
fsr-3806	48	10	by	by	ADP
fsr-3806	48	11	misidentifying	misidentify	VERB
fsr-3806	48	12	the	the	DET
fsr-3806	48	13	appropriate	appropriate	ADJ
fsr-3806	48	14	event	event	NOUN
fsr-3806	48	15	date	date	NOUN
fsr-3806	48	16	.	.	PUNCT
fsr-3806	49	1	a	a	DET
fsr-3806	49	2	secondary	secondary	ADJ
fsr-3806	49	3	contribution	contribution	NOUN
fsr-3806	49	4	of	of	ADP
fsr-3806	49	5	this	this	DET
fsr-3806	49	6	paper	paper	NOUN
fsr-3806	49	7	is	be	AUX
fsr-3806	49	8	to	to	PART
fsr-3806	49	9	correctly	correctly	ADV
fsr-3806	49	10	identify	identify	VERB
fsr-3806	49	11	the	the	DET
fsr-3806	49	12	appropriate	appropriate	ADJ
fsr-3806	49	13	event	event	NOUN
fsr-3806	49	14	dates	date	VERB
fsr-3806	49	15	for	for	ADP
fsr-3806	49	16	these	these	DET
fsr-3806	49	17	empirical	empirical	ADJ
fsr-3806	49	18	questions	question	NOUN
fsr-3806	49	19	and	and	CCONJ
fsr-3806	49	20	disentangle	disentangle	VERB
fsr-3806	49	21	the	the	DET
fsr-3806	49	22	two	two	NUM
fsr-3806	49	23	effects	effect	NOUN
fsr-3806	49	24	.	.	PUNCT
fsr-3806	50	1	the	the	DET
fsr-3806	50	2	paper	paper	NOUN
fsr-3806	50	3	is	be	AUX
fsr-3806	50	4	organized	organize	VERB
fsr-3806	50	5	as	as	SCONJ
fsr-3806	50	6	follows	follow	VERB
fsr-3806	50	7	.	.	PUNCT
fsr-3806	51	1	we	we	PRON
fsr-3806	51	2	review	review	VERB
fsr-3806	51	3	the	the	DET
fsr-3806	51	4	literature	literature	NOUN
fsr-3806	51	5	on	on	ADP
fsr-3806	51	6	the	the	DET
fsr-3806	51	7	profitability	profitability	NOUN
fsr-3806	51	8	of	of	ADP
fsr-3806	51	9	short	short	ADJ
fsr-3806	51	10	selling	selling	NOUN
fsr-3806	51	11	and	and	CCONJ
fsr-3806	51	12	the	the	DET
fsr-3806	51	13	relationship	relationship	NOUN
fsr-3806	51	14	between	between	ADP
fsr-3806	51	15	stock	stock	NOUN
fsr-3806	51	16	returns	return	NOUN
fsr-3806	51	17	and	and	CCONJ
fsr-3806	51	18	short	short	ADJ
fsr-3806	51	19	interest	interest	NOUN
fsr-3806	51	20	levels	level	NOUN
fsr-3806	51	21	in	in	ADP
fsr-3806	51	22	section	section	PROPN
fsr-3806	51	23	ii	ii	PROPN
fsr-3806	51	24	.	.	PUNCT
fsr-3806	52	1	we	we	PRON
fsr-3806	52	2	describe	describe	VERB
fsr-3806	52	3	our	our	PRON
fsr-3806	52	4	data	datum	NOUN
fsr-3806	52	5	and	and	CCONJ
fsr-3806	52	6	methods	method	NOUN
fsr-3806	52	7	in	in	ADP
fsr-3806	52	8	section	section	NOUN
fsr-3806	52	9	hi	hi	PROPN
fsr-3806	52	10	,	,	PUNCT
fsr-3806	52	11	including	include	VERB
fsr-3806	52	12	the	the	DET
fsr-3806	52	13	estimation	estimation	NOUN
fsr-3806	52	14	of	of	ADP
fsr-3806	52	15	size	size	NOUN
fsr-3806	52	16	-	-	PUNCT
fsr-3806	52	17	adjusted	adjust	VERB
fsr-3806	52	18	abnormal	abnormal	ADJ
fsr-3806	52	19	returns	return	NOUN
fsr-3806	52	20	and	and	CCONJ
fsr-3806	52	21	the	the	DET
fsr-3806	52	22	definition	definition	NOUN
fsr-3806	52	23	of	of	ADP
fsr-3806	52	24	the	the	DET
fsr-3806	52	25	proper	proper	ADJ
fsr-3806	52	26	event	event	NOUN
fsr-3806	52	27	dates	date	VERB
fsr-3806	52	28	.	.	PUNCT
fsr-3806	53	1	we	we	PRON
fsr-3806	53	2	present	present	VERB
fsr-3806	53	3	our	our	PRON
fsr-3806	53	4	results	result	NOUN
fsr-3806	53	5	in	in	ADP
fsr-3806	53	6	section	section	NOUN
fsr-3806	53	7	iv	iv	NUM
fsr-3806	53	8	,	,	PUNCT
fsr-3806	53	9	and	and	CCONJ
fsr-3806	53	10	offer	offer	VERB
fsr-3806	53	11	some	some	DET
fsr-3806	53	12	conclusions	conclusion	NOUN
fsr-3806	53	13	and	and	CCONJ
fsr-3806	53	14	directions	direction	NOUN
fsr-3806	53	15	for	for	ADP
fsr-3806	53	16	future	future	ADJ
fsr-3806	53	17	research	research	NOUN
fsr-3806	53	18	in	in	ADP
fsr-3806	53	19	section	section	NOUN
fsr-3806	53	20	v.	v.	ADP
fsr-3806	53	21	h.	h.	PROPN
fsr-3806	53	22	literature	literature	PROPN
fsr-3806	53	23	review	review	VERB
fsr-3806	53	24	there	there	PRON
fsr-3806	53	25	are	be	VERB
fsr-3806	53	26	two	two	NUM
fsr-3806	53	27	strands	strand	NOUN
fsr-3806	53	28	to	to	ADP
fsr-3806	53	29	the	the	DET
fsr-3806	53	30	empirical	empirical	ADJ
fsr-3806	53	31	literature	literature	NOUN
fsr-3806	53	32	on	on	ADP
fsr-3806	53	33	short	short	ADJ
fsr-3806	53	34	selling	selling	NOUN
fsr-3806	53	35	.	.	PUNCT
fsr-3806	54	1	the	the	DET
fsr-3806	54	2	early	early	PROPN
fsr-3806	54	3	literature	literature	PROPN
fsr-3806	54	4	exam	exam	NOUN
fsr-3806	54	5	ined	ine	VERB
fsr-3806	54	6	the	the	DET
fsr-3806	54	7	temporal	temporal	ADJ
fsr-3806	54	8	relationship	relationship	NOUN
fsr-3806	54	9	between	between	ADP
fsr-3806	54	10	stock	stock	NOUN
fsr-3806	54	11	market	market	NOUN
fsr-3806	54	12	returns	return	NOUN
fsr-3806	54	13	and	and	CCONJ
fsr-3806	54	14	aggregate	aggregate	VERB
fsr-3806	54	15	short	short	ADJ
fsr-3806	54	16	interest	interest	NOUN
fsr-3806	54	17	levels	level	NOUN
fsr-3806	54	18	.	.	PUNCT
fsr-3806	55	1	figlewski	figlewski	NOUN
fsr-3806	55	2	(	(	PUNCT
fsr-3806	55	3	1981	1981	NUM
fsr-3806	55	4	)	)	PUNCT
fsr-3806	55	5	reports	report	VERB
fsr-3806	55	6	a	a	DET
fsr-3806	55	7	significant	significant	ADJ
fsr-3806	55	8	negative	negative	ADJ
fsr-3806	55	9	relationship	relationship	NOUN
fsr-3806	55	10	between	between	ADP
fsr-3806	55	11	levels	level	NOUN
fsr-3806	55	12	of	of	ADP
fsr-3806	55	13	short	short	ADJ
fsr-3806	55	14	interest	interest	NOUN
fsr-3806	55	15	and	and	CCONJ
fsr-3806	55	16	abnormal	abnormal	ADJ
fsr-3806	55	17	returns	return	NOUN
fsr-3806	55	18	using	use	VERB
fsr-3806	55	19	monthly	monthly	ADJ
fsr-3806	55	20	returns	return	NOUN
fsr-3806	55	21	data	datum	NOUN
fsr-3806	55	22	from	from	ADP
fsr-3806	55	23	january	january	PROPN
fsr-3806	55	24	1973	1973	NUM
fsr-3806	55	25	through	through	ADP
fsr-3806	55	26	june	june	PROPN
fsr-3806	55	27	1979	1979	NUM
fsr-3806	55	28	,	,	PUNCT
fsr-3806	55	29	which	which	PRON
fsr-3806	55	30	is	be	AUX
fsr-3806	55	31	consistent	consistent	ADJ
fsr-3806	55	32	with	with	ADP
fsr-3806	55	33	a	a	DET
fsr-3806	55	34	bearish	bearish	ADJ
fsr-3806	55	35	interpretation	interpretation	NOUN
fsr-3806	55	36	of	of	ADP
fsr-3806	55	37	high	high	ADJ
fsr-3806	55	38	levels	level	NOUN
fsr-3806	55	39	of	of	ADP
fsr-3806	55	40	short	short	ADJ
fsr-3806	55	41	interest	interest	NOUN
fsr-3806	55	42	.	.	PUNCT
fsr-3806	56	1	sen	sen	PROPN
fsr-3806	56	2	eca	eca	PROPN
fsr-3806	56	3	(	(	PUNCT
fsr-3806	56	4	1967	1967	NUM
fsr-3806	56	5	)	)	PUNCT
fsr-3806	56	6	and	and	CCONJ
fsr-3806	56	7	kerrigan	kerrigan	PROPN
fsr-3806	56	8	(	(	PUNCT
fsr-3806	56	9	1974	1974	NUM
fsr-3806	56	10	)	)	PUNCT
fsr-3806	56	11	also	also	ADV
fsr-3806	56	12	report	report	VERB
fsr-3806	56	13	a	a	DET
fsr-3806	56	14	significant	significant	ADJ
fsr-3806	56	15	negative	negative	ADJ
fsr-3806	56	16	relationship	relationship	NOUN
fsr-3806	56	17	between	between	ADP
fsr-3806	56	18	the	the	DET
fsr-3806	56	19	short	short	ADJ
fsr-3806	56	20	interest	interest	NOUN
fsr-3806	56	21	ratio	ratio	NOUN
fsr-3806	56	22	and	and	CCONJ
fsr-3806	56	23	s&p	s&p	PROPN
fsr-3806	56	24	500	500	NUM
fsr-3806	56	25	returns	return	NOUN
fsr-3806	56	26	.	.	PUNCT
fsr-3806	57	1	aksu	aksu	PROPN
fsr-3806	57	2	and	and	CCONJ
fsr-3806	57	3	gunay	gunay	PROPN
fsr-3806	57	4	(	(	PUNCT
fsr-3806	57	5	1995	1995	NUM
fsr-3806	57	6	)	)	PUNCT
fsr-3806	57	7	,	,	PUNCT
fsr-3806	57	8	however	however	ADV
fsr-3806	57	9	,	,	PUNCT
fsr-3806	57	10	test	test	VERB
fsr-3806	57	11	for	for	ADP
fsr-3806	57	12	the	the	DET
fsr-3806	57	13	presence	presence	NOUN
fsr-3806	57	14	of	of	ADP
fsr-3806	57	15	unit	unit	NOUN
fsr-3806	57	16	roots	root	NOUN
fsr-3806	57	17	and	and	CCONJ
fsr-3806	57	18	co	co	NOUN
fsr-3806	57	19	-	-	NOUN
fsr-3806	57	20	integration	integration	NOUN
fsr-3806	57	21	among	among	ADP
fsr-3806	57	22	stock	stock	NOUN
fsr-3806	57	23	prices	price	NOUN
fsr-3806	57	24	,	,	PUNCT
fsr-3806	57	25	short	short	ADJ
fsr-3806	57	26	interest	interest	NOUN
fsr-3806	57	27	,	,	PUNCT
fsr-3806	57	28	and	and	CCONJ
fsr-3806	57	29	average	average	ADJ
fsr-3806	57	30	trading	trading	NOUN
fsr-3806	57	31	volume	volume	NOUN
fsr-3806	57	32	,	,	PUNCT
fsr-3806	57	33	and	and	CCONJ
fsr-3806	57	34	find	find	VERB
fsr-3806	57	35	no	no	DET
fsr-3806	57	36	relationship	relationship	NOUN
fsr-3806	57	37	between	between	ADP
fsr-3806	57	38	levels	level	NOUN
fsr-3806	57	39	of	of	ADP
fsr-3806	57	40	short	short	ADJ
fsr-3806	57	41	interest	interest	NOUN
fsr-3806	57	42	and	and	CCONJ
fsr-3806	57	43	stock	stock	NOUN
fsr-3806	57	44	prices	price	NOUN
fsr-3806	57	45	.	.	PUNCT
fsr-3806	58	1	other	other	ADJ
fsr-3806	58	2	studies	study	NOUN
fsr-3806	58	3	reporting	report	VERB
fsr-3806	58	4	similar	similar	ADJ
fsr-3806	58	5	results	result	NOUN
fsr-3806	58	6	include	include	VERB
fsr-3806	58	7	mayor	mayor	NOUN
fsr-3806	58	8	(	(	PUNCT
fsr-3806	58	9	1968	1968	NUM
fsr-3806	58	10	)	)	PUNCT
fsr-3806	58	11	,	,	PUNCT
fsr-3806	58	12	biggs	biggs	PROPN
fsr-3806	58	13	(	(	PUNCT
fsr-3806	58	14	1966	1966	NUM
fsr-3806	58	15	)	)	PUNCT
fsr-3806	58	16	,	,	PUNCT
fsr-3806	58	17	and	and	CCONJ
fsr-3806	58	18	smith	smith	PROPN
fsr-3806	58	19	(	(	PUNCT
fsr-3806	58	20	1968	1968	NUM
fsr-3806	58	21	)	)	PUNCT
fsr-3806	58	22	.	.	PUNCT
fsr-3806	59	1	more	more	ADV
fsr-3806	59	2	recently	recently	ADV
fsr-3806	59	3	,	,	PUNCT
fsr-3806	59	4	researchers	researcher	NOUN
fsr-3806	59	5	have	have	AUX
fsr-3806	59	6	used	use	VERB
fsr-3806	59	7	event	event	NOUN
fsr-3806	59	8	studies	study	NOUN
fsr-3806	59	9	to	to	PART
fsr-3806	59	10	estimate	estimate	VERB
fsr-3806	59	11	the	the	DET
fsr-3806	59	12	abnormal	abnormal	ADJ
fsr-3806	59	13	returns	return	NOUN
fsr-3806	59	14	to	to	ADP
fsr-3806	59	15	individual	individual	ADJ
fsr-3806	59	16	securities	security	NOUN
fsr-3806	59	17	for	for	ADP
fsr-3806	59	18	which	which	PRON
fsr-3806	59	19	large	large	ADJ
fsr-3806	59	20	increases	increase	NOUN
fsr-3806	59	21	in	in	ADP
fsr-3806	59	22	short	short	ADJ
fsr-3806	59	23	interest	interest	NOUN
fsr-3806	59	24	levels	level	NOUN
fsr-3806	59	25	have	have	AUX
fsr-3806	59	26	been	be	AUX
fsr-3806	59	27	reported	report	VERB
fsr-3806	59	28	.	.	PUNCT
fsr-3806	60	1	choie	choie	NOUN
fsr-3806	60	2	and	and	CCONJ
fsr-3806	60	3	hwang	hwang	PROPN
fsr-3806	60	4	(	(	PUNCT
fsr-3806	60	5	1994	1994	NUM
fsr-3806	60	6	)	)	PUNCT
fsr-3806	60	7	estimate	estimate	VERB
fsr-3806	60	8	abnormal	abnormal	ADJ
fsr-3806	60	9	returns	return	NOUN
fsr-3806	60	10	to	to	ADP
fsr-3806	60	11	heavily	heavily	ADV
fsr-3806	60	12	-	-	PUNCT
fsr-3806	60	13	shorted	short	VERB
fsr-3806	60	14	nyse	nyse	PROPN
fsr-3806	60	15	/	/	SYM
fsr-3806	60	16	amex	amex	PROPN
fsr-3806	60	17	stocks	stock	NOUN
fsr-3806	60	18	by	by	ADP
fsr-3806	60	19	measuring	measure	VERB
fsr-3806	60	20	the	the	DET
fsr-3806	60	21	change	change	NOUN
fsr-3806	60	22	in	in	ADP
fsr-3806	60	23	prices	price	NOUN
fsr-3806	60	24	from	from	ADP
fsr-3806	60	25	the	the	DET
fsr-3806	60	26	midpoint	midpoint	NOUN
fsr-3806	60	27	between	between	ADP
fsr-3806	60	28	monthly	monthly	ADJ
fsr-3806	60	29	wall	wall	PROPN
fsr-3806	60	30	street	street	PROPN
fsr-3806	60	31	journal	journal	PROPN
fsr-3806	60	32	publication	publication	NOUN
fsr-3806	60	33	dates	date	NOUN
fsr-3806	60	34	(	(	PUNCT
fsr-3806	60	35	eleven	eleven	NUM
fsr-3806	60	36	trading	trading	NOUN
fsr-3806	60	37	days	day	NOUN
fsr-3806	60	38	prior	prior	ADV
fsr-3806	60	39	to	to	ADP
fsr-3806	60	40	the	the	DET
fsr-3806	60	41	publication	publication	NOUN
fsr-3806	60	42	date	date	NOUN
fsr-3806	60	43	and	and	CCONJ
fsr-3806	60	44	one	one	NUM
fsr-3806	60	45	day	day	NOUN
fsr-3806	60	46	before	before	ADP
fsr-3806	60	47	the	the	DET
fsr-3806	60	48	compilation	compilation	NOUN
fsr-3806	60	49	date	date	NOUN
fsr-3806	60	50	---	---	PUNCT
fsr-3806	60	51	the	the	DET
fsr-3806	60	52	date	date	NOUN
fsr-3806	60	53	on	on	ADP
fsr-3806	60	54	which	which	PRON
fsr-3806	60	55	the	the	DET
fsr-3806	60	56	exchanges	exchange	NOUN
fsr-3806	60	57	compile	compile	VERB
fsr-3806	60	58	short	short	ADJ
fsr-3806	60	59	interest	interest	NOUN
fsr-3806	60	60	data	datum	NOUN
fsr-3806	60	61	)	)	PUNCT
fsr-3806	60	62	to	to	ADP
fsr-3806	60	63	the	the	DET
fsr-3806	60	64	publication	publication	NOUN
fsr-3806	60	65	date	date	NOUN
fsr-3806	60	66	.	.	PUNCT
fsr-3806	61	1	they	they	PRON
fsr-3806	61	2	report	report	VERB
fsr-3806	61	3	that	that	SCONJ
fsr-3806	61	4	stocks	stock	NOUN
fsr-3806	61	5	with	with	ADP
fsr-3806	61	6	large	large	ADJ
fsr-3806	61	7	short	short	ADJ
fsr-3806	61	8	positions	position	NOUN
fsr-3806	61	9	underperform	underperform	VERB
fsr-3806	61	10	the	the	DET
fsr-3806	61	11	stock	stock	NOUN
fsr-3806	61	12	market	market	NOUN
fsr-3806	61	13	in	in	ADP
fsr-3806	61	14	this	this	DET
fsr-3806	61	15	period	period	NOUN
fsr-3806	61	16	immediately	immediately	ADV
fsr-3806	61	17	following	follow	VERB
fsr-3806	61	18	the	the	DET
fsr-3806	61	19	compilation	compilation	NOUN
fsr-3806	61	20	date	date	NOUN
fsr-3806	61	21	.	.	PUNCT
fsr-3806	62	1	they	they	PRON
fsr-3806	62	2	note	note	VERB
fsr-3806	62	3	this	this	PRON
fsr-3806	62	4	is	be	AUX
fsr-3806	62	5	evidence	evidence	NOUN
fsr-3806	62	6	of	of	ADP
fsr-3806	62	7	excess	excess	ADJ
fsr-3806	62	8	returns	return	NOUN
fsr-3806	62	9	to	to	ADP
fsr-3806	62	10	short	short	ADJ
fsr-3806	62	11	sellers	seller	NOUN
fsr-3806	62	12	.	.	PUNCT
fsr-3806	63	1	they	they	PRON
fsr-3806	63	2	also	also	ADV
fsr-3806	63	3	find	find	VERB
fsr-3806	63	4	evidence	evidence	NOUN
fsr-3806	63	5	that	that	SCONJ
fsr-3806	63	6	stocks	stock	NOUN
fsr-3806	63	7	with	with	ADP
fsr-3806	63	8	large	large	ADJ
fsr-3806	63	9	short	short	ADJ
fsr-3806	63	10	positions	position	NOUN
fsr-3806	63	11	underperform	underperform	VERB
fsr-3806	63	12	the	the	DET
fsr-3806	63	13	market	market	NOUN
fsr-3806	63	14	in	in	ADP
fsr-3806	63	15	the	the	DET
fsr-3806	63	16	twenty	twenty	NUM
fsr-3806	63	17	trading	trading	NOUN
fsr-3806	63	18	days	day	NOUN
fsr-3806	63	19	after	after	ADP
fsr-3806	63	20	publication	publication	NOUN
fsr-3806	63	21	.	.	PUNCT
fsr-3806	64	1	this	this	PRON
fsr-3806	64	2	suggests	suggest	VERB
fsr-3806	64	3	large	large	ADJ
fsr-3806	64	4	increases	increase	NOUN
fsr-3806	64	5	in	in	ADP
fsr-3806	64	6	short	short	ADJ
fsr-3806	64	7	interest	interest	NOUN
fsr-3806	64	8	on	on	ADP
fsr-3806	64	9	nyse	nyse	PROPN
fsr-3806	64	10	/	/	SYM
fsr-3806	64	11	amex	amex	PROPN
fsr-3806	64	12	stocks	stock	NOUN
fsr-3806	64	13	are	be	AUX
fsr-3806	64	14	interpreted	interpret	VERB
fsr-3806	64	15	by	by	ADP
fsr-3806	64	16	the	the	DET
fsr-3806	64	17	market	market	NOUN
fsr-3806	64	18	as	as	ADP
fsr-3806	64	19	bearish	bearish	ADJ
fsr-3806	64	20	signals	signal	NOUN
fsr-3806	64	21	.	.	PUNCT
fsr-3806	65	1	we	we	PRON
fsr-3806	65	2	refine	refine	VERB
fsr-3806	65	3	choie	choie	NOUN
fsr-3806	65	4	and	and	CCONJ
fsr-3806	65	5	hwang	hwang	PROPN
fsr-3806	65	6	's	's	PART
fsr-3806	65	7	event	event	NOUN
fsr-3806	65	8	date	date	NOUN
fsr-3806	65	9	definitions	definition	NOUN
fsr-3806	65	10	,	,	PUNCT
fsr-3806	65	11	and	and	CCONJ
fsr-3806	65	12	extend	extend	VERB
fsr-3806	65	13	their	their	PRON
fsr-3806	65	14	results	result	NOUN
fsr-3806	65	15	to	to	ADP
fsr-3806	65	16	nasdaq	nasdaq	PROPN
fsr-3806	65	17	securities	security	NOUN
fsr-3806	65	18	.	.	PUNCT
fsr-3806	66	1	30	30	NUM
fsr-3806	66	2	financial	financial	ADJ
fsr-3806	66	3	services	service	NOUN
fsr-3806	66	4	review	review	VERB
fsr-3806	66	5	6(i	6(i	NUM
fsr-3806	66	6	)	)	PUNCT
fsr-3806	66	7	1997	1997	NUM
fsr-3806	66	8	woolridge	woolridge	NOUN
fsr-3806	66	9	and	and	CCONJ
fsr-3806	66	10	dickinson	dickinson	PROPN
fsr-3806	66	11	(	(	PUNCT
fsr-3806	66	12	1994	1994	NUM
fsr-3806	66	13	)	)	PUNCT
fsr-3806	66	14	examine	examine	VERB
fsr-3806	66	15	the	the	DET
fsr-3806	66	16	coincidental	coincidental	ADJ
fsr-3806	66	17	relationship	relationship	NOUN
fsr-3806	66	18	between	between	ADP
fsr-3806	66	19	the	the	DET
fsr-3806	66	20	level	level	NOUN
fsr-3806	66	21	of	of	ADP
fsr-3806	66	22	short	short	ADJ
fsr-3806	66	23	sales	sale	NOUN
fsr-3806	66	24	and	and	CCONJ
fsr-3806	66	25	monthly	monthly	ADJ
fsr-3806	66	26	holding	holding	NOUN
fsr-3806	66	27	-	-	PUNCT
fsr-3806	66	28	period	period	NOUN
fsr-3806	66	29	returns	return	NOUN
fsr-3806	66	30	for	for	ADP
fsr-3806	66	31	50	50	NUM
fsr-3806	66	32	randomly	randomly	ADV
fsr-3806	66	33	-	-	PUNCT
fsr-3806	66	34	selected	select	VERB
fsr-3806	66	35	securities	security	NOUN
fsr-3806	66	36	from	from	ADP
fsr-3806	66	37	the	the	DET
fsr-3806	66	38	wall	wall	PROPN
fsr-3806	66	39	street	street	PROPN
fsr-3806	66	40	journal	journal	PROPN
fsr-3806	66	41	monthly	monthly	ADJ
fsr-3806	66	42	short	short	ADJ
fsr-3806	66	43	-	-	PUNCT
fsr-3806	66	44	sale	sale	NOUN
fsr-3806	66	45	list	list	NOUN
fsr-3806	66	46	for	for	ADP
fsr-3806	66	47	both	both	PRON
fsr-3806	66	48	nyse	nyse	PROPN
fsr-3806	66	49	/	/	SYM
fsr-3806	66	50	amex	amex	PROPN
fsr-3806	66	51	and	and	CCONJ
fsr-3806	66	52	nasdaq	nasdaq	PROPN
fsr-3806	66	53	stocks	stock	NOUN
fsr-3806	66	54	.	.	PUNCT
fsr-3806	67	1	they	they	PRON
fsr-3806	67	2	report	report	VERB
fsr-3806	67	3	aggregate	aggregate	ADJ
fsr-3806	67	4	short	short	ADJ
fsr-3806	67	5	positions	position	NOUN
fsr-3806	67	6	increase	increase	VERB
fsr-3806	67	7	as	as	SCONJ
fsr-3806	67	8	market	market	NOUN
fsr-3806	67	9	prices	price	NOUN
fsr-3806	67	10	increase	increase	VERB
fsr-3806	67	11	,	,	PUNCT
fsr-3806	67	12	and	and	CCONJ
fsr-3806	67	13	short	short	ADJ
fsr-3806	67	14	sellers	seller	NOUN
fsr-3806	67	15	are	be	AUX
fsr-3806	67	16	unable	unable	ADJ
fsr-3806	67	17	to	to	PART
fsr-3806	67	18	earn	earn	VERB
fsr-3806	67	19	abnormal	abnormal	ADJ
fsr-3806	67	20	profits	profit	NOUN
fsr-3806	67	21	at	at	ADP
fsr-3806	67	22	the	the	DET
fsr-3806	67	23	expense	expense	NOUN
fsr-3806	67	24	of	of	ADP
fsr-3806	67	25	less	less	ADV
fsr-3806	67	26	informed	informed	ADJ
fsr-3806	67	27	traders	trader	NOUN
fsr-3806	67	28	.	.	PUNCT
fsr-3806	68	1	woolridge	woolridge	VERB
fsr-3806	68	2	and	and	CCONJ
fsr-3806	68	3	dickinson	dickinson	PROPN
fsr-3806	68	4	conclude	conclude	VERB
fsr-3806	68	5	high	high	ADJ
fsr-3806	68	6	levels	level	NOUN
fsr-3806	68	7	of	of	ADP
fsr-3806	68	8	short	short	ADJ
fsr-3806	68	9	interest	interest	NOUN
fsr-3806	68	10	are	be	AUX
fsr-3806	68	11	neither	neither	CCONJ
fsr-3806	68	12	bullish	bullish	ADJ
fsr-3806	68	13	nor	nor	CCONJ
fsr-3806	68	14	bearish	bearish	ADJ
fsr-3806	68	15	.	.	PUNCT
fsr-3806	69	1	however	however	ADV
fsr-3806	69	2	,	,	PUNCT
fsr-3806	69	3	they	they	PRON
fsr-3806	69	4	fail	fail	VERB
fsr-3806	69	5	to	to	PART
fsr-3806	69	6	account	account	VERB
fsr-3806	69	7	for	for	ADP
fsr-3806	69	8	noninformational	noninformational	ADJ
fsr-3806	69	9	arbitrage	arbitrage	NOUN
fsr-3806	69	10	trading	trading	NOUN
fsr-3806	69	11	that	that	PRON
fsr-3806	69	12	requires	require	VERB
fsr-3806	69	13	short	short	ADJ
fsr-3806	69	14	selling	selling	NOUN
fsr-3806	69	15	but	but	CCONJ
fsr-3806	69	16	would	would	AUX
fsr-3806	69	17	not	not	PART
fsr-3806	69	18	be	be	AUX
fsr-3806	69	19	expected	expect	VERB
fsr-3806	69	20	a	a	DET
fsr-3806	69	21	priori	priori	X
fsr-3806	69	22	to	to	PART
fsr-3806	69	23	affect	affect	VERB
fsr-3806	69	24	prices	price	NOUN
fsr-3806	69	25	.	.	PUNCT
fsr-3806	70	1	strategies	strategy	NOUN
fsr-3806	70	2	such	such	ADJ
fsr-3806	70	3	as	as	ADP
fsr-3806	70	4	going	go	VERB
fsr-3806	70	5	long	long	ADV
fsr-3806	70	6	in	in	ADP
fsr-3806	70	7	a	a	DET
fsr-3806	70	8	merger	merger	NOUN
fsr-3806	70	9	target	target	NOUN
fsr-3806	70	10	and	and	CCONJ
fsr-3806	70	11	simultaneously	simultaneously	ADV
fsr-3806	70	12	going	go	VERB
fsr-3806	70	13	short	short	ADV
fsr-3806	70	14	in	in	ADP
fsr-3806	70	15	the	the	DET
fsr-3806	70	16	acquiring	acquire	VERB
fsr-3806	70	17	firm	firm	NOUN
fsr-3806	70	18	,	,	PUNCT
fsr-3806	70	19	or	or	CCONJ
fsr-3806	70	20	"	"	PUNCT
fsr-3806	70	21	shorting	shorting	NOUN
fsr-3806	70	22	against	against	ADP
fsr-3806	70	23	the	the	DET
fsr-3806	70	24	box	box	NOUN
fsr-3806	70	25	,	,	PUNCT
fsr-3806	70	26	"	"	PUNCT
fsr-3806	70	27	are	be	AUX
fsr-3806	70	28	examples	example	NOUN
fsr-3806	70	29	of	of	ADP
fsr-3806	70	30	such	such	ADJ
fsr-3806	70	31	trading	trading	NOUN
fsr-3806	70	32	.	.	PUNCT
fsr-3806	71	1	as	as	ADP
fsr-3806	71	2	a	a	DET
fsr-3806	71	3	result	result	NOUN
fsr-3806	71	4	,	,	PUNCT
fsr-3806	71	5	it	it	PRON
fsr-3806	71	6	is	be	AUX
fsr-3806	71	7	likely	likely	ADJ
fsr-3806	71	8	that	that	DET
fsr-3806	71	9	woolridge	woolridge	NOUN
fsr-3806	71	10	and	and	CCONJ
fsr-3806	71	11	dickinson	dickinson	PROPN
fsr-3806	71	12	significantly	significantly	ADV
fsr-3806	71	13	underestimated	underestimate	VERB
fsr-3806	71	14	the	the	DET
fsr-3806	71	15	returns	return	NOUN
fsr-3806	71	16	to	to	ADP
fsr-3806	71	17	information	information	NOUN
fsr-3806	71	18	-	-	PUNCT
fsr-3806	71	19	based	base	VERB
fsr-3806	71	20	short	short	ADJ
fsr-3806	71	21	selling	selling	NOUN
fsr-3806	71	22	.	.	PUNCT
fsr-3806	72	1	in	in	ADP
fsr-3806	72	2	addition	addition	NOUN
fsr-3806	72	3	,	,	PUNCT
fsr-3806	72	4	because	because	SCONJ
fsr-3806	72	5	they	they	PRON
fsr-3806	72	6	use	use	VERB
fsr-3806	72	7	the	the	DET
fsr-3806	72	8	publication	publication	NOUN
fsr-3806	72	9	date	date	NOUN
fsr-3806	72	10	as	as	ADP
fsr-3806	72	11	the	the	DET
fsr-3806	72	12	event	event	NOUN
fsr-3806	72	13	date	date	NOUN
fsr-3806	72	14	,	,	PUNCT
fsr-3806	72	15	they	they	PRON
fsr-3806	72	16	do	do	AUX
fsr-3806	72	17	not	not	PART
fsr-3806	72	18	accu	accu	PROPN
fsr-3806	72	19	rately	rately	ADV
fsr-3806	72	20	estimate	estimate	VERB
fsr-3806	72	21	the	the	DET
fsr-3806	72	22	abnormal	abnormal	ADJ
fsr-3806	72	23	returns	return	NOUN
fsr-3806	72	24	to	to	ADP
fsr-3806	72	25	short	short	ADJ
fsr-3806	72	26	sellers	seller	NOUN
fsr-3806	72	27	.	.	PUNCT
fsr-3806	73	1	in	in	ADP
fsr-3806	73	2	addition	addition	NOUN
fsr-3806	73	3	,	,	PUNCT
fsr-3806	73	4	their	their	PRON
fsr-3806	73	5	use	use	NOUN
fsr-3806	73	6	of	of	ADP
fsr-3806	73	7	monthly	monthly	ADJ
fsr-3806	73	8	returns	return	NOUN
fsr-3806	73	9	may	may	AUX
fsr-3806	73	10	cause	cause	VERB
fsr-3806	73	11	them	they	PRON
fsr-3806	73	12	to	to	PART
fsr-3806	73	13	miss	miss	VERB
fsr-3806	73	14	any	any	DET
fsr-3806	73	15	intra	intra	ADJ
fsr-3806	73	16	-	-	ADJ
fsr-3806	73	17	month	month	NOUN
fsr-3806	73	18	return	return	NOUN
fsr-3806	73	19	differences	difference	NOUN
fsr-3806	73	20	between	between	ADP
fsr-3806	73	21	the	the	DET
fsr-3806	73	22	nyse/	nyse/	NUM
fsr-3806	73	23	amex	amex	NOUN
fsr-3806	73	24	and	and	CCONJ
fsr-3806	73	25	nasdaq	nasdaq	PROPN
fsr-3806	73	26	markets	market	NOUN
fsr-3806	73	27	.	.	PUNCT
fsr-3806	74	1	moreover	moreover	ADV
fsr-3806	74	2	,	,	PUNCT
fsr-3806	74	3	statistical	statistical	ADJ
fsr-3806	74	4	tests	test	NOUN
fsr-3806	74	5	based	base	VERB
fsr-3806	74	6	on	on	ADP
fsr-3806	74	7	the	the	DET
fsr-3806	74	8	relatively	relatively	ADV
fsr-3806	74	9	small	small	ADJ
fsr-3806	74	10	wool	wool	NOUN
fsr-3806	74	11	ridge	ridge	PROPN
fsr-3806	74	12	-	-	PUNCT
fsr-3806	74	13	dickinson	dickinson	NOUN
fsr-3806	74	14	sample	sample	NOUN
fsr-3806	74	15	(	(	PUNCT
fsr-3806	74	16	50	50	NUM
fsr-3806	74	17	nysf_,/amex	nysf_,/amex	NUM
fsr-3806	74	18	and	and	CCONJ
fsr-3806	74	19	50	50	NUM
fsr-3806	74	20	nasdaq	nasdaq	PROPN
fsr-3806	74	21	f'lrms	f'lrm	NOUN
fsr-3806	74	22	)	)	PUNCT
fsr-3806	74	23	may	may	AUX
fsr-3806	74	24	lack	lack	VERB
fsr-3806	74	25	power	power	NOUN
fsr-3806	74	26	.	.	PUNCT
fsr-3806	75	1	we	we	PRON
fsr-3806	75	2	use	use	VERB
fsr-3806	75	3	the	the	DET
fsr-3806	75	4	appropriate	appropriate	ADJ
fsr-3806	75	5	event	event	NOUN
fsr-3806	75	6	date	date	NOUN
fsr-3806	75	7	(	(	PUNCT
fsr-3806	75	8	the	the	DET
fsr-3806	75	9	compilation	compilation	NOUN
fsr-3806	75	10	date	date	NOUN
fsr-3806	75	11	)	)	PUNCT
fsr-3806	75	12	and	and	CCONJ
fsr-3806	75	13	a	a	DET
fsr-3806	75	14	much	much	ADV
fsr-3806	75	15	larger	large	ADJ
fsr-3806	75	16	sample	sample	NOUN
fsr-3806	75	17	of	of	ADP
fsr-3806	75	18	nyse	nyse	PROPN
fsr-3806	75	19	/	/	SYM
fsr-3806	75	20	amex	amex	PROPN
fsr-3806	75	21	and	and	CCONJ
fsr-3806	75	22	nasdaq	nasdaq	PROPN
fsr-3806	75	23	firms	firm	NOUN
fsr-3806	75	24	to	to	PART
fsr-3806	75	25	estimate	estimate	VERB
fsr-3806	75	26	returns	return	NOUN
fsr-3806	75	27	to	to	ADP
fsr-3806	75	28	short	short	ADJ
fsr-3806	75	29	sellers	seller	NOUN
fsr-3806	75	30	.	.	PUNCT
fsr-3806	76	1	we	we	PRON
fsr-3806	76	2	also	also	ADV
fsr-3806	76	3	drop	drop	VERB
fsr-3806	76	4	from	from	ADP
fsr-3806	76	5	our	our	PRON
fsr-3806	76	6	sample	sample	NOUN
fsr-3806	76	7	observations	observation	NOUN
fsr-3806	76	8	that	that	PRON
fsr-3806	76	9	potentially	potentially	ADV
fsr-3806	76	10	represent	represent	VERB
fsr-3806	76	11	noninformational	noninformational	ADJ
fsr-3806	76	12	short	short	ADJ
fsr-3806	76	13	selling	selling	NOUN
fsr-3806	76	14	,	,	PUNCT
fsr-3806	76	15	and	and	CCONJ
fsr-3806	76	16	we	we	PRON
fsr-3806	76	17	use	use	VERB
fsr-3806	76	18	the	the	DET
fsr-3806	76	19	bid	bid	NOUN
fsr-3806	76	20	-	-	PUNCT
fsr-3806	76	21	ask	ask	NOUN
fsr-3806	76	22	midpoint	midpoint	NOUN
fsr-3806	76	23	to	to	PART
fsr-3806	76	24	compute	compute	VERB
fsr-3806	76	25	returns	return	NOUN
fsr-3806	76	26	for	for	ADP
fsr-3806	76	27	nasdaq	nasdaq	PROPN
fsr-3806	76	28	stocks	stock	NOUN
fsr-3806	76	29	rather	rather	ADV
fsr-3806	76	30	than	than	ADP
fsr-3806	76	31	closing	close	VERB
fsr-3806	76	32	prices	price	NOUN
fsr-3806	76	33	.	.	PUNCT
fsr-3806	77	1	vu	vu	NOUN
fsr-3806	77	2	and	and	CCONJ
fsr-3806	77	3	caster	caster	NOUN
fsr-3806	77	4	(	(	PUNCT
fsr-3806	77	5	1987	1987	NUM
fsr-3806	77	6	)	)	PUNCT
fsr-3806	77	7	investigate	investigate	VERB
fsr-3806	77	8	the	the	DET
fsr-3806	77	9	market	market	NOUN
fsr-3806	77	10	reaction	reaction	NOUN
fsr-3806	77	11	to	to	ADP
fsr-3806	77	12	the	the	DET
fsr-3806	77	13	release	release	NOUN
fsr-3806	77	14	of	of	ADP
fsr-3806	77	15	the	the	DET
fsr-3806	77	16	wall	wall	PROPN
fsr-3806	77	17	street	street	PROPN
fsr-3806	77	18	journal	journal	PROPN
fsr-3806	77	19	short	short	PROPN
fsr-3806	77	20	interest	interest	NOUN
fsr-3806	77	21	data	datum	NOUN
fsr-3806	77	22	between	between	ADP
fsr-3806	77	23	1975	1975	NUM
fsr-3806	77	24	and	and	CCONJ
fsr-3806	77	25	1983	1983	NUM
fsr-3806	77	26	.	.	PUNCT
fsr-3806	78	1	they	they	PRON
fsr-3806	78	2	find	find	VERB
fsr-3806	78	3	significantly	significantly	ADV
fsr-3806	78	4	positive	positive	ADJ
fsr-3806	78	5	cumu	cumu	ADV
fsr-3806	78	6	lative	lative	ADJ
fsr-3806	78	7	abnormal	abnormal	ADJ
fsr-3806	78	8	returns	return	NOUN
fsr-3806	78	9	in	in	ADP
fsr-3806	78	10	the	the	DET
fsr-3806	78	11	40	40	NUM
fsr-3806	78	12	-	-	PUNCT
fsr-3806	78	13	day	day	NOUN
fsr-3806	78	14	period	period	NOUN
fsr-3806	78	15	before	before	ADP
fsr-3806	78	16	the	the	DET
fsr-3806	78	17	information	information	NOUN
fsr-3806	78	18	publication	publication	NOUN
fsr-3806	78	19	date	date	NOUN
fsr-3806	78	20	.	.	PUNCT
fsr-3806	79	1	these	these	DET
fsr-3806	79	2	findings	finding	NOUN
fsr-3806	79	3	are	be	AUX
fsr-3806	79	4	consistent	consistent	ADJ
fsr-3806	79	5	with	with	ADP
fsr-3806	79	6	the	the	DET
fsr-3806	79	7	tendency	tendency	NOUN
fsr-3806	79	8	of	of	SCONJ
fsr-3806	79	9	investors	investor	NOUN
fsr-3806	79	10	to	to	PART
fsr-3806	79	11	sell	sell	VERB
fsr-3806	79	12	short	short	ADJ
fsr-3806	79	13	in	in	ADP
fsr-3806	79	14	periods	period	NOUN
fsr-3806	79	15	of	of	ADP
fsr-3806	79	16	rising	rise	VERB
fsr-3806	79	17	stock	stock	NOUN
fsr-3806	79	18	prices	price	NOUN
fsr-3806	79	19	.	.	PUNCT
fsr-3806	80	1	vu	vu	PROPN
fsr-3806	80	2	and	and	CCONJ
fsr-3806	80	3	caster	caster	NOUN
fsr-3806	80	4	report	report	NOUN
fsr-3806	80	5	negative	negative	ADJ
fsr-3806	80	6	,	,	PUNCT
fsr-3806	80	7	but	but	CCONJ
fsr-3806	80	8	insignificant	insignificant	ADJ
fsr-3806	80	9	,	,	PUNCT
fsr-3806	80	10	cumulative	cumulative	ADJ
fsr-3806	80	11	abnormal	abnormal	ADJ
fsr-3806	80	12	returns	return	NOUN
fsr-3806	81	1	dur	dur	VERB
fsr-3806	81	2	ing	e	VERB
fsr-3806	81	3	the	the	DET
fsr-3806	81	4	40	40	NUM
fsr-3806	81	5	-	-	PUNCT
fsr-3806	81	6	day	day	NOUN
fsr-3806	81	7	period	period	NOUN
fsr-3806	81	8	after	after	ADP
fsr-3806	81	9	the	the	DET
fsr-3806	81	10	announcement	announcement	NOUN
fsr-3806	81	11	,	,	PUNCT
fsr-3806	81	12	and	and	CCONJ
fsr-3806	81	13	conclude	conclude	VERB
fsr-3806	81	14	that	that	SCONJ
fsr-3806	81	15	the	the	DET
fsr-3806	81	16	published	publish	VERB
fsr-3806	81	17	level	level	NOUN
fsr-3806	81	18	of	of	ADP
fsr-3806	81	19	short	short	ADJ
fsr-3806	81	20	interest	interest	NOUN
fsr-3806	81	21	is	be	AUX
fsr-3806	81	22	neither	neither	CCONJ
fsr-3806	81	23	bullish	bullish	ADJ
fsr-3806	81	24	nor	nor	CCONJ
fsr-3806	81	25	bearish	bearish	ADJ
fsr-3806	81	26	.	.	PUNCT
fsr-3806	82	1	senchack	senchack	NOUN
fsr-3806	82	2	and	and	CCONJ
fsr-3806	82	3	starks	stark	NOUN
fsr-3806	82	4	(	(	PUNCT
fsr-3806	82	5	1993	1993	NUM
fsr-3806	82	6	)	)	PUNCT
fsr-3806	82	7	examine	examine	VERB
fsr-3806	82	8	a	a	DET
fsr-3806	82	9	sample	sample	NOUN
fsr-3806	82	10	of	of	ADP
fsr-3806	82	11	nyse	nyse	PROPN
fsr-3806	82	12	/	/	SYM
fsr-3806	82	13	amex	amex	PROPN
fsr-3806	82	14	stocks	stock	NOUN
fsr-3806	82	15	listed	list	VERB
fsr-3806	82	16	in	in	ADP
fsr-3806	82	17	the	the	DET
fsr-3806	82	18	wall	wall	PROPN
fsr-3806	82	19	street	street	PROPN
fsr-3806	82	20	journal	journal	PROPN
fsr-3806	82	21	's	's	PART
fsr-3806	82	22	monthly	monthly	ADJ
fsr-3806	82	23	short	short	ADJ
fsr-3806	82	24	interest	interest	NOUN
fsr-3806	82	25	column	column	NOUN
fsr-3806	82	26	for	for	ADP
fsr-3806	82	27	which	which	PRON
fsr-3806	82	28	short	short	ADJ
fsr-3806	82	29	interest	interest	NOUN
fsr-3806	82	30	positions	position	NOUN
fsr-3806	82	31	had	have	AUX
fsr-3806	82	32	at	at	ADV
fsr-3806	82	33	least	least	ADJ
fsr-3806	82	34	doubled	double	VERB
fsr-3806	82	35	from	from	ADP
fsr-3806	82	36	the	the	DET
fsr-3806	82	37	prior	prior	ADJ
fsr-3806	82	38	month	month	NOUN
fsr-3806	82	39	.	.	PUNCT
fsr-3806	83	1	they	they	PRON
fsr-3806	83	2	find	find	VERB
fsr-3806	83	3	a	a	DET
fsr-3806	83	4	small	small	ADJ
fsr-3806	83	5	,	,	PUNCT
fsr-3806	83	6	but	but	CCONJ
fsr-3806	83	7	statistically	statistically	ADV
fsr-3806	83	8	significant	significant	ADJ
fsr-3806	83	9	,	,	PUNCT
fsr-3806	83	10	neg	neg	VERB
fsr-3806	83	11	ative	ative	ADJ
fsr-3806	83	12	reaction	reaction	NOUN
fsr-3806	83	13	around	around	ADP
fsr-3806	83	14	the	the	DET
fsr-3806	83	15	publication	publication	NOUN
fsr-3806	83	16	date	date	NOUN
fsr-3806	83	17	.	.	PUNCT
fsr-3806	84	1	they	they	PRON
fsr-3806	84	2	conclude	conclude	VERB
fsr-3806	84	3	their'results	their'result	NOUN
fsr-3806	84	4	provide	provide	VERB
fsr-3806	84	5	weak	weak	ADJ
fsr-3806	84	6	sup	sup	NOUN
fsr-3806	84	7	port	port	NOUN
fsr-3806	84	8	for	for	ADP
fsr-3806	84	9	the	the	DET
fsr-3806	84	10	hypothesis	hypothesis	NOUN
fsr-3806	84	11	that	that	PRON
fsr-3806	84	12	the	the	DET
fsr-3806	84	13	market	market	NOUN
fsr-3806	84	14	reaction	reaction	NOUN
fsr-3806	84	15	to	to	ADP
fsr-3806	84	16	unusual	unusual	ADJ
fsr-3806	84	17	increases	increase	NOUN
fsr-3806	84	18	in	in	ADP
fsr-3806	84	19	unexpected	unexpected	ADJ
fsr-3806	84	20	short	short	ADJ
fsr-3806	84	21	interest	interest	NOUN
fsr-3806	84	22	is	be	AUX
fsr-3806	84	23	negative	negative	ADJ
fsr-3806	84	24	.	.	PUNCT
fsr-3806	85	1	hi	hi	INTJ
fsr-3806	85	2	.	.	PUNCT
fsr-3806	86	1	data	datum	NOUN
fsr-3806	86	2	and	and	CCONJ
fsr-3806	86	3	methods	method	NOUN
fsr-3806	86	4	a	a	PRON
fsr-3806	86	5	)	)	PUNCT
fsr-3806	86	6	data	datum	NOUN
fsr-3806	86	7	the	the	DET
fsr-3806	86	8	initial	initial	ADJ
fsr-3806	86	9	sample	sample	NOUN
fsr-3806	86	10	includes	include	VERB
fsr-3806	86	11	firms	firm	NOUN
fsr-3806	86	12	with	with	ADP
fsr-3806	86	13	the	the	DET
fsr-3806	86	14	largest	large	ADJ
fsr-3806	86	15	percentage	percentage	NOUN
fsr-3806	86	16	increase	increase	NOUN
fsr-3806	86	17	in	in	ADP
fsr-3806	86	18	short	short	ADJ
fsr-3806	86	19	interest	interest	NOUN
fsr-3806	86	20	from	from	ADP
fsr-3806	86	21	the	the	DET
fsr-3806	86	22	prior	prior	ADJ
fsr-3806	86	23	month	month	NOUN
fsr-3806	86	24	as	as	SCONJ
fsr-3806	86	25	reported	report	VERB
fsr-3806	86	26	in	in	ADP
fsr-3806	86	27	the	the	DET
fsr-3806	86	28	wall	wall	PROPN
fsr-3806	86	29	street	street	PROPN
fsr-3806	86	30	journal	journal	PROPN
fsr-3806	86	31	between	between	ADP
fsr-3806	86	32	january	january	PROPN
fsr-3806	86	33	1987	1987	NUM
fsr-3806	86	34	and	and	CCONJ
fsr-3806	86	35	december	december	PROPN
fsr-3806	86	36	1991	1991	NUM
fsr-3806	86	37	.	.	PUNCT
fsr-3806	87	1	we	we	PRON
fsr-3806	87	2	discard	discard	VERB
fsr-3806	87	3	from	from	ADP
fsr-3806	87	4	the	the	DET
fsr-3806	87	5	sample	sample	NOUN
fsr-3806	87	6	any	any	DET
fsr-3806	87	7	observation	observation	NOUN
fsr-3806	87	8	that	that	PRON
fsr-3806	87	9	potentially	potentially	ADV
fsr-3806	87	10	represents	represent	VERB
fsr-3806	87	11	noninformational	noninformational	ADJ
fsr-3806	87	12	trading	trading	NOUN
fsr-3806	87	13	:	:	PUNCT
fsr-3806	87	14	a	a	DET
fsr-3806	87	15	firm	firm	NOUN
fsr-3806	87	16	identified	identify	VERB
fsr-3806	87	17	as	as	ADP
fsr-3806	87	18	a	a	DET
fsr-3806	87	19	new	new	ADJ
fsr-3806	87	20	listing	listing	NOUN
fsr-3806	87	21	,	,	PUNCT
fsr-3806	87	22	as	as	ADP
fsr-3806	87	23	having	having	AUX
fsr-3806	87	24	undergone	undergo	VERB
fsr-3806	87	25	a	a	DET
fsr-3806	87	26	recent	recent	ADJ
fsr-3806	87	27	stock	stock	NOUN
fsr-3806	87	28	split	split	NOUN
fsr-3806	87	29	,	,	PUNCT
fsr-3806	87	30	or	or	CCONJ
fsr-3806	87	31	as	as	SCONJ
fsr-3806	87	32	possibly	possibly	ADV
fsr-3806	87	33	involved	involve	VERB
fsr-3806	87	34	in	in	ADP
fsr-3806	87	35	arbitrage	arbitrage	NOUN
fsr-3806	87	36	activity	activity	NOUN
fsr-3806	87	37	.	.	PUNCT
fsr-3806	88	1	a	a	DET
fsr-3806	88	2	2	2	NUM
fsr-3806	88	3	-	-	PUNCT
fsr-3806	88	4	for-1	for-1	NUM
fsr-3806	88	5	stock	stock	NOUN
fsr-3806	88	6	split	split	NOUN
fsr-3806	88	7	,	,	PUNCT
fsr-3806	88	8	for	for	ADP
fsr-3806	88	9	instance	instance	NOUN
fsr-3806	88	10	,	,	PUNCT
fsr-3806	88	11	would	would	AUX
fsr-3806	88	12	double	double	VERB
fsr-3806	88	13	the	the	DET
fsr-3806	88	14	reported	report	VERB
fsr-3806	88	15	short	short	ADJ
fsr-3806	88	16	interest	interest	NOUN
fsr-3806	88	17	without	without	ADP
fsr-3806	88	18	any	any	DET
fsr-3806	88	19	increase	increase	NOUN
fsr-3806	88	20	in	in	ADP
fsr-3806	88	21	speculative	speculative	ADJ
fsr-3806	88	22	short	short	ADJ
fsr-3806	88	23	posi	posi	NOUN
fsr-3806	88	24	tions	tion	NOUN
fsr-3806	88	25	.	.	PUNCT
fsr-3806	89	1	strategies	strategy	NOUN
fsr-3806	89	2	such	such	ADJ
fsr-3806	89	3	as	as	ADP
fsr-3806	89	4	going	go	VERB
fsr-3806	89	5	long	long	ADV
fsr-3806	89	6	in	in	ADP
fsr-3806	89	7	a	a	DET
fsr-3806	89	8	merger	merger	NOUN
fsr-3806	89	9	target	target	NOUN
fsr-3806	89	10	and	and	CCONJ
fsr-3806	89	11	simultaneously	simultaneously	ADV
fsr-3806	89	12	going	go	VERB
fsr-3806	89	13	short	short	ADV
fsr-3806	89	14	in	in	ADP
fsr-3806	89	15	the	the	DET
fsr-3806	89	16	short	short	ADJ
fsr-3806	89	17	selling	selling	NOUN
fsr-3806	89	18	and	and	CCONJ
fsr-3806	89	19	trading	trading	NOUN
fsr-3806	89	20	abuses	abuse	NOUN
fsr-3806	89	21	31	31	NUM
fsr-3806	89	22	acquiring	acquire	VERB
fsr-3806	89	23	firm	firm	NOUN
fsr-3806	89	24	,	,	PUNCT
fsr-3806	89	25	or	or	CCONJ
fsr-3806	89	26	"	"	PUNCT
fsr-3806	89	27	shorting	shorting	NOUN
fsr-3806	89	28	against	against	ADP
fsr-3806	89	29	the	the	DET
fsr-3806	89	30	box	box	NOUN
fsr-3806	89	31	,	,	PUNCT
fsr-3806	89	32	"	"	PUNCT
fsr-3806	89	33	would	would	AUX
fsr-3806	89	34	be	be	AUX
fsr-3806	89	35	examples	example	NOUN
fsr-3806	89	36	of	of	ADP
fsr-3806	89	37	nov_informational	nov_informational	ADJ
fsr-3806	89	38	arbi	arbi	ADJ
fsr-3806	89	39	trage	trage	NOUN
fsr-3806	89	40	trading	trading	NOUN
fsr-3806	89	41	.	.	PUNCT
fsr-3806	90	1	an	an	DET
fsr-3806	90	2	observation	observation	NOUN
fsr-3806	90	3	is	be	AUX
fsr-3806	90	4	also	also	ADV
fsr-3806	90	5	deleted	delete	VERB
fsr-3806	90	6	if	if	SCONJ
fsr-3806	90	7	the	the	DET
fsr-3806	90	8	firm	firm	NOUN
fsr-3806	90	9	had	have	AUX
fsr-3806	90	10	been	be	AUX
fsr-3806	90	11	listed	list	VERB
fsr-3806	90	12	in	in	ADP
fsr-3806	90	13	the	the	DET
fsr-3806	90	14	largest	large	ADJ
fsr-3806	90	15	per	per	ADP
fsr-3806	90	16	centage	centage	NOUN
fsr-3806	90	17	increase	increase	NOUN
fsr-3806	90	18	in	in	ADP
fsr-3806	90	19	short	short	ADJ
fsr-3806	90	20	interest	interest	NOUN
fsr-3806	90	21	category	category	NOUN
fsr-3806	90	22	within	within	ADP
fsr-3806	90	23	180	180	NUM
fsr-3806	90	24	days	day	NOUN
fsr-3806	90	25	of	of	ADP
fsr-3806	90	26	a	a	DET
fsr-3806	90	27	prior	prior	ADJ
fsr-3806	90	28	listing	listing	NOUN
fsr-3806	90	29	.	.	PUNCT
fsr-3806	91	1	for	for	ADP
fsr-3806	91	2	inclusion	inclusion	NOUN
fsr-3806	91	3	a	a	DET
fsr-3806	91	4	firm	firm	NOUN
fsr-3806	91	5	must	must	AUX
fsr-3806	91	6	have	have	AUX
fsr-3806	91	7	bid	bid	VERB
fsr-3806	91	8	and	and	CCONJ
fsr-3806	91	9	ask	ask	VERB
fsr-3806	91	10	prices	price	NOUN
fsr-3806	91	11	(	(	PUNCT
fsr-3806	91	12	for	for	ADP
fsr-3806	91	13	the	the	DET
fsr-3806	91	14	nasdaq	nasdaq	PROPN
fsr-3806	91	15	sample	sample	NOUN
fsr-3806	91	16	)	)	PUNCT
fsr-3806	91	17	or	or	CCONJ
fsr-3806	91	18	daily	daily	ADJ
fsr-3806	91	19	returns	return	NOUN
fsr-3806	91	20	(	(	PUNCT
fsr-3806	91	21	for	for	ADP
fsr-3806	91	22	the	the	DET
fsr-3806	91	23	nysf_,/	nysf_,/	PRON
fsr-3806	91	24	amex	amex	PROPN
fsr-3806	91	25	sample	sample	PROPN
fsr-3806	91	26	)	)	PUNCT
fsr-3806	91	27	and	and	CCONJ
fsr-3806	91	28	a	a	DET
fsr-3806	91	29	size	size	NOUN
fsr-3806	91	30	decile	decile	NOUN
fsr-3806	91	31	portfolio	portfolio	NOUN
fsr-3806	91	32	ranking	rank	VERB
fsr-3806	91	33	on	on	ADP
fsr-3806	91	34	the	the	DET
fsr-3806	91	35	crsp	crsp	PROPN
fsr-3806	91	36	nyse	nyse	PROPN
fsr-3806	91	37	/	/	SYM
fsr-3806	91	38	amex	amex	PROPN
fsr-3806	91	39	and	and	CCONJ
fsr-3806	91	40	nas	nas	PROPN
fsr-3806	91	41	daq	daq	PROPN
fsr-3806	91	42	daily	daily	ADJ
fsr-3806	91	43	returns	return	NOUN
fsr-3806	91	44	tape	tape	NOUN
fsr-3806	91	45	.	.	PUNCT
fsr-3806	92	1	these	these	DET
fsr-3806	92	2	restrictions	restriction	NOUN
fsr-3806	92	3	resur	resur	VERB
fsr-3806	92	4	in	in	ADP
fsr-3806	92	5	a	a	DET
fsr-3806	92	6	final	final	ADJ
fsr-3806	92	7	sample	sample	NOUN
fsr-3806	92	8	of	of	ADP
fsr-3806	92	9	497	497	NUM
fsr-3806	92	10	nyse	nyse	PROPN
fsr-3806	92	11	/	/	SYM
fsr-3806	92	12	amex	amex	PROPN
fsr-3806	92	13	and	and	CCONJ
fsr-3806	92	14	531	531	NUM
fsr-3806	92	15	nasdaq	nasdaq	NOUN
fsr-3806	92	16	observations	observation	NOUN
fsr-3806	92	17	.	.	PUNCT
fsr-3806	93	1	b	b	X
fsr-3806	93	2	)	)	PUNCT
fsr-3806	93	3	abnormal	abnormal	ADJ
fsr-3806	93	4	returns	return	NOUN
fsr-3806	93	5	returns	return	VERB
fsr-3806	93	6	for	for	ADP
fsr-3806	93	7	the	the	DET
fsr-3806	93	8	nasdaq	nasdaq	PROPN
fsr-3806	93	9	sample	sample	NOUN
fsr-3806	93	10	are	be	AUX
fsr-3806	93	11	computed	compute	VERB
fsr-3806	93	12	using	use	VERB
fsr-3806	93	13	the	the	DET
fsr-3806	93	14	midpoint	midpoint	NOUN
fsr-3806	93	15	of	of	ADP
fsr-3806	93	16	the	the	DET
fsr-3806	93	17	bid	bid	NOUN
fsr-3806	93	18	-	-	PUNCT
fsr-3806	93	19	ask	ask	NOUN
fsr-3806	93	20	spread	spread	NOUN
fsr-3806	93	21	rather	rather	ADV
fsr-3806	93	22	than	than	ADP
fsr-3806	93	23	closing	close	VERB
fsr-3806	93	24	prices	price	NOUN
fsr-3806	93	25	to	to	PART
fsr-3806	93	26	mitigate	mitigate	VERB
fsr-3806	93	27	the	the	DET
fsr-3806	93	28	problem	problem	NOUN
fsr-3806	93	29	of	of	ADP
fsr-3806	93	30	upward	upward	ADV
fsr-3806	93	31	-	-	PUNCT
fsr-3806	93	32	biased	biased	ADJ
fsr-3806	93	33	returns	return	NOUN
fsr-3806	93	34	of	of	ADP
fsr-3806	93	35	stocks	stock	NOUN
fsr-3806	93	36	with	with	ADP
fsr-3806	93	37	small	small	ADJ
fsr-3806	93	38	prices	price	NOUN
fsr-3806	93	39	,	,	PUNCT
fsr-3806	93	40	which	which	PRON
fsr-3806	93	41	is	be	AUX
fsr-3806	93	42	a	a	DET
fsr-3806	93	43	particular	particular	ADJ
fsr-3806	93	44	concern	concern	NOUN
fsr-3806	93	45	for	for	ADP
fsr-3806	93	46	nasdaq	nasdaq	PROPN
fsr-3806	93	47	stocks	stock	NOUN
fsr-3806	93	48	.	.	PUNCT
fsr-3806	94	1	returns	return	NOUN
fsr-3806	94	2	for	for	ADP
fsr-3806	94	3	the	the	DET
fsr-3806	94	4	nyse/	nyse/	NUM
fsr-3806	94	5	amex	amex	NOUN
fsr-3806	94	6	sample	sample	NOUN
fsr-3806	94	7	are	be	AUX
fsr-3806	94	8	taken	take	VERB
fsr-3806	94	9	from	from	ADP
fsr-3806	94	10	the	the	DET
fsr-3806	94	11	crsp	crsp	PROPN
fsr-3806	94	12	tapes	tape	NOUN
fsr-3806	94	13	.	.	PUNCT
fsr-3806	95	1	we	we	PRON
fsr-3806	95	2	use	use	VERB
fsr-3806	95	3	a	a	DET
fsr-3806	95	4	standard	standard	ADJ
fsr-3806	95	5	market	market	NOUN
fsr-3806	95	6	-	-	PUNCT
fsr-3806	95	7	adjusted	adjust	VERB
fsr-3806	95	8	event	event	NOUN
fsr-3806	95	9	study	study	NOUN
fsr-3806	95	10	methodology	methodology	NOUN
fsr-3806	95	11	discussed	discuss	VERB
fsr-3806	95	12	in	in	ADP
fsr-3806	95	13	brown	brown	NOUN
fsr-3806	95	14	and	and	CCONJ
fsr-3806	95	15	warner	warner	PROPN
fsr-3806	95	16	(	(	PUNCT
fsr-3806	95	17	1980	1980	NUM
fsr-3806	95	18	,	,	PUNCT
fsr-3806	95	19	1985	1985	NUM
fsr-3806	95	20	)	)	PUNCT
fsr-3806	95	21	.	.	PUNCT
fsr-3806	96	1	abnormal	abnormal	ADJ
fsr-3806	96	2	returns	return	NOUN
fsr-3806	96	3	are	be	AUX
fsr-3806	96	4	generated	generate	VERB
fsr-3806	96	5	by	by	ADP
fsr-3806	96	6	subtracting	subtract	VERB
fsr-3806	96	7	the	the	DET
fsr-3806	96	8	daily	daily	ADJ
fsr-3806	96	9	return	return	NOUN
fsr-3806	96	10	for	for	ADP
fsr-3806	96	11	the	the	DET
fsr-3806	96	12	market	market	NOUN
fsr-3806	96	13	from	from	ADP
fsr-3806	96	14	the	the	DET
fsr-3806	96	15	return	return	NOUN
fsr-3806	96	16	for	for	ADP
fsr-3806	96	17	the	the	DET
fsr-3806	96	18	individual	individual	ADJ
fsr-3806	96	19	firm	firm	NOUN
fsr-3806	96	20	.	.	PUNCT
fsr-3806	97	1	negative	negative	ADJ
fsr-3806	97	2	abnormal	abnormal	ADJ
fsr-3806	97	3	returns	return	NOUN
fsr-3806	97	4	defined	define	VERB
fsr-3806	97	5	in	in	ADP
fsr-3806	97	6	this	this	DET
fsr-3806	97	7	manner	manner	NOUN
fsr-3806	97	8	indicate	indicate	VERB
fsr-3806	97	9	positive	positive	ADJ
fsr-3806	97	10	abnormal	abnormal	ADJ
fsr-3806	97	11	returns	return	NOUN
fsr-3806	97	12	to	to	ADP
fsr-3806	97	13	short	short	ADJ
fsr-3806	97	14	sellers	seller	NOUN
fsr-3806	97	15	since	since	SCONJ
fsr-3806	97	16	they	they	PRON
fsr-3806	97	17	profit	profit	VERB
fsr-3806	97	18	from	from	ADP
fsr-3806	97	19	price	price	NOUN
fsr-3806	97	20	declines	decline	NOUN
fsr-3806	97	21	.	.	PUNCT
fsr-3806	98	1	our	our	PRON
fsr-3806	98	2	proxy	proxy	NOUN
fsr-3806	98	3	for	for	ADP
fsr-3806	98	4	the	the	DET
fsr-3806	98	5	market	market	NOUN
fsr-3806	98	6	return	return	NOUN
fsr-3806	98	7	is	be	AUX
fsr-3806	98	8	the	the	DET
fsr-3806	98	9	equally	equally	ADV
fsr-3806	98	10	-	-	PUNCT
fsr-3806	98	11	weighted	weight	VERB
fsr-3806	98	12	average	average	ADJ
fsr-3806	98	13	return	return	NOUN
fsr-3806	98	14	for	for	ADP
fsr-3806	98	15	all	all	DET
fsr-3806	98	16	firms	firm	NOUN
fsr-3806	98	17	in	in	ADP
fsr-3806	98	18	the	the	DET
fsr-3806	98	19	same	same	ADJ
fsr-3806	98	20	size	size	NOUN
fsr-3806	98	21	decile	decile	NOUN
fsr-3806	98	22	as	as	ADP
fsr-3806	98	23	the	the	DET
fsr-3806	98	24	firm	firm	NOUN
fsr-3806	98	25	in	in	ADP
fsr-3806	98	26	question	question	NOUN
fsr-3806	98	27	.	.	PUNCT
fsr-3806	99	1	deciles	decile	NOUN
fsr-3806	99	2	are	be	AUX
fsr-3806	99	3	constructed	construct	VERB
fsr-3806	99	4	separately	separately	ADV
fsr-3806	99	5	for	for	ADP
fsr-3806	99	6	nasdaq	nasdaq	PROPN
fsr-3806	99	7	and	and	CCONJ
fsr-3806	99	8	nyse	nyse	PROPN
fsr-3806	99	9	/	/	SYM
fsr-3806	99	10	amex	amex	PROPN
fsr-3806	99	11	flrms	flrm	NOUN
fsr-3806	99	12	.	.	PUNCT
fsr-3806	100	1	we	we	PRON
fsr-3806	100	2	use	use	VERB
fsr-3806	100	3	size	size	NOUN
fsr-3806	100	4	adjusted	adjust	VERB
fsr-3806	100	5	returns	return	NOUN
fsr-3806	100	6	to	to	PART
fsr-3806	100	7	avoid	avoid	VERB
fsr-3806	100	8	the	the	DET
fsr-3806	100	9	benchmarking	benchmarke	VERB
fsr-3806	100	10	problems	problem	NOUN
fsr-3806	100	11	associated	associate	VERB
fsr-3806	100	12	with	with	ADP
fsr-3806	100	13	using	use	VERB
fsr-3806	100	14	either	either	CCONJ
fsr-3806	100	15	a	a	DET
fsr-3806	100	16	pre	pre	ADJ
fsr-3806	100	17	event	event	NOUN
fsr-3806	100	18	or	or	CCONJ
fsr-3806	100	19	post	post	ADJ
fsr-3806	100	20	-	-	ADJ
fsr-3806	100	21	event	event	ADJ
fsr-3806	100	22	estimation	estimation	NOUN
fsr-3806	100	23	period	period	NOUN
fsr-3806	100	24	.	.	PUNCT
fsr-3806	101	1	test	test	NOUN
fsr-3806	101	2	statistics	statistic	NOUN
fsr-3806	101	3	are	be	AUX
fsr-3806	101	4	reported	report	VERB
fsr-3806	101	5	for	for	ADP
fsr-3806	101	6	the	the	DET
fsr-3806	101	7	null	null	ADJ
fsr-3806	101	8	hypothesis	hypothesis	NOUN
fsr-3806	101	9	that	that	PRON
fsr-3806	101	10	mean	mean	VERB
fsr-3806	101	11	abnormal	abnormal	ADJ
fsr-3806	101	12	returns	return	NOUN
fsr-3806	101	13	or	or	CCONJ
fsr-3806	101	14	mean	mean	VERB
fsr-3806	101	15	cumulative	cumulative	ADJ
fsr-3806	101	16	abnormal	abnormal	ADJ
fsr-3806	101	17	returns	return	NOUN
fsr-3806	101	18	are	be	AUX
fsr-3806	101	19	zero	zero	NUM
fsr-3806	101	20	.	.	PUNCT
fsr-3806	102	1	although	although	SCONJ
fsr-3806	102	2	they	they	PRON
fsr-3806	102	3	are	be	AUX
fsr-3806	102	4	technically	technically	ADV
fsr-3806	102	5	t	t	NOUN
fsr-3806	102	6	-	-	PUNCT
fsr-3806	102	7	statistics	statistic	NOUN
fsr-3806	102	8	,	,	PUNCT
fsr-3806	102	9	they	they	PRON
fsr-3806	102	10	are	be	AUX
fsr-3806	102	11	equivalent	equivalent	ADJ
fsr-3806	102	12	to	to	ADP
fsr-3806	102	13	z	z	NOUN
fsr-3806	102	14	-	-	PUNCT
fsr-3806	102	15	statistics	statistic	NOUN
fsr-3806	102	16	in	in	ADP
fsr-3806	102	17	large	large	ADJ
fsr-3806	102	18	samples	sample	NOUN
fsr-3806	102	19	such	such	ADJ
fsr-3806	102	20	as	as	ADP
fsr-3806	102	21	ours	our	NOUN
fsr-3806	102	22	,	,	PUNCT
fsr-3806	102	23	and	and	CCONJ
fsr-3806	102	24	are	be	AUX
fsr-3806	102	25	reported	report	VERB
fsr-3806	102	26	as	as	ADP
fsr-3806	102	27	z	z	NOUN
fsr-3806	102	28	-	-	PUNCT
fsr-3806	102	29	statistics	statistic	NOUN
fsr-3806	102	30	in	in	ADP
fsr-3806	102	31	the	the	DET
fsr-3806	102	32	tables	table	NOUN
fsr-3806	102	33	.	.	PUNCT
fsr-3806	103	1	the	the	DET
fsr-3806	103	2	test	test	NOUN
fsr-3806	103	3	statistics	statistic	NOUN
fsr-3806	103	4	are	be	AUX
fsr-3806	103	5	consu'ucted	consu'ucte	VERB
fsr-3806	103	6	by	by	ADP
fsr-3806	103	7	normalizing	normalize	VERB
fsr-3806	103	8	abnormal	abnormal	ADJ
fsr-3806	103	9	fm'n	fm'n	NOUN
fsr-3806	103	10	returns	return	NOUN
fsr-3806	103	11	by	by	ADP
fsr-3806	103	12	an	an	DET
fsr-3806	103	13	estimate	estimate	NOUN
fsr-3806	103	14	of	of	ADP
fsr-3806	103	15	the	the	DET
fsr-3806	103	16	standard	standard	ADJ
fsr-3806	103	17	deviation	deviation	NOUN
fsr-3806	103	18	and	and	CCONJ
fsr-3806	103	19	summing	sum	VERB
fsr-3806	103	20	these	these	DET
fsr-3806	103	21	standardized	standardized	ADJ
fsr-3806	103	22	residuals	residual	NOUN
fsr-3806	103	23	across	across	ADP
fsr-3806	103	24	flrms	flrm	NOUN
fsr-3806	103	25	.	.	PUNCT
fsr-3806	104	1	due	due	ADP
fsr-3806	104	2	to	to	ADP
fsr-3806	104	3	the	the	DET
fsr-3806	104	4	method	method	NOUN
fsr-3806	104	5	by	by	ADP
fsr-3806	104	6	which	which	PRON
fsr-3806	104	7	the	the	DET
fsr-3806	104	8	test	test	NOUN
fsr-3806	104	9	statistics	statistic	NOUN
fsr-3806	104	10	are	be	AUX
fsr-3806	104	11	constructed	construct	VERB
fsr-3806	104	12	,	,	PUNCT
fsr-3806	104	13	it	it	PRON
fsr-3806	104	14	is	be	AUX
fsr-3806	104	15	possible	possible	ADJ
fsr-3806	104	16	for	for	SCONJ
fsr-3806	104	17	the	the	DET
fsr-3806	104	18	mean	mean	ADJ
fsr-3806	104	19	abnormal	abnormal	ADJ
fsr-3806	104	20	return	return	NOUN
fsr-3806	104	21	to	to	PART
fsr-3806	104	22	be	be	AUX
fsr-3806	104	23	of	of	ADP
fsr-3806	104	24	a	a	DET
fsr-3806	104	25	different	different	ADJ
fsr-3806	104	26	sign	sign	NOUN
fsr-3806	104	27	than	than	ADP
fsr-3806	104	28	the	the	DET
fsr-3806	104	29	corresponding	corresponding	ADJ
fsr-3806	104	30	test	test	NOUN
fsr-3806	104	31	statistic	statistic	NOUN
fsr-3806	104	32	.	.	PUNCT
fsr-3806	105	1	c	c	X
fsr-3806	105	2	)	)	PUNCT
fsr-3806	105	3	defining	define	VERB
fsr-3806	105	4	the	the	DET
fsr-3806	105	5	event	event	NOUN
fsr-3806	105	6	date	date	VERB
fsr-3806	105	7	large	large	ADJ
fsr-3806	105	8	increases	increase	NOUN
fsr-3806	105	9	in	in	ADP
fsr-3806	105	10	the	the	DET
fsr-3806	105	11	level	level	NOUN
fsr-3806	105	12	of	of	ADP
fsr-3806	105	13	open	open	ADJ
fsr-3806	105	14	short	short	ADJ
fsr-3806	105	15	interest	interest	NOUN
fsr-3806	105	16	can	can	AUX
fsr-3806	105	17	mean	mean	VERB
fsr-3806	105	18	one	one	NUM
fsr-3806	105	19	of	of	ADP
fsr-3806	105	20	two	two	NUM
fsr-3806	105	21	things	thing	NOUN
fsr-3806	105	22	to	to	ADP
fsr-3806	105	23	the	the	DET
fsr-3806	105	24	individual	individual	ADJ
fsr-3806	105	25	investor	investor	NOUN
fsr-3806	105	26	.	.	PUNCT
fsr-3806	106	1	first	first	ADV
fsr-3806	106	2	,	,	PUNCT
fsr-3806	106	3	the	the	DET
fsr-3806	106	4	increase	increase	NOUN
fsr-3806	106	5	can	can	AUX
fsr-3806	106	6	be	be	AUX
fsr-3806	106	7	interpreted	interpret	VERB
fsr-3806	106	8	as	as	ADP
fsr-3806	106	9	a	a	DET
fsr-3806	106	10	general	general	ADJ
fsr-3806	106	11	bearish	bearish	ADJ
fsr-3806	106	12	sentiment	sentiment	NOUN
fsr-3806	106	13	by	by	ADP
fsr-3806	106	14	informed	informed	ADJ
fsr-3806	106	15	investors	investor	NOUN
fsr-3806	106	16	(	(	PUNCT
fsr-3806	106	17	to	to	ADP
fsr-3806	106	18	the	the	DET
fsr-3806	106	19	extent	extent	NOUN
fsr-3806	106	20	short	short	ADJ
fsr-3806	106	21	sellers	seller	NOUN
fsr-3806	106	22	are	be	AUX
fsr-3806	106	23	informed	inform	VERB
fsr-3806	106	24	investors	investor	NOUN
fsr-3806	106	25	)	)	PUNCT
fsr-3806	106	26	,	,	PUNCT
fsr-3806	106	27	suggesting	suggest	VERB
fsr-3806	106	28	that	that	SCONJ
fsr-3806	106	29	stock	stock	NOUN
fsr-3806	106	30	prices	price	NOUN
fsr-3806	106	31	will	will	AUX
fsr-3806	106	32	fall	fall	VERB
fsr-3806	106	33	farther	far	ADV
fsr-3806	106	34	.	.	PUNCT
fsr-3806	107	1	diamond	diamond	NOUN
fsr-3806	107	2	and	and	CCONJ
fsr-3806	107	3	verrecchia	verrecchia	PROPN
fsr-3806	107	4	(	(	PUNCT
fsr-3806	107	5	1987	1987	NUM
fsr-3806	107	6	)	)	PUNCT
fsr-3806	107	7	develop	develop	VERB
fsr-3806	107	8	a	a	DET
fsr-3806	107	9	rational	rational	ADJ
fsr-3806	107	10	-	-	PUNCT
fsr-3806	107	11	expectations	expectation	NOUN
fsr-3806	107	12	model	model	NOUN
fsr-3806	107	13	consistent	consistent	ADJ
fsr-3806	107	14	with	with	ADP
fsr-3806	107	15	this	this	DET
fsr-3806	107	16	interpretation	interpretation	NOUN
fsr-3806	107	17	.	.	PUNCT
fsr-3806	108	1	the	the	DET
fsr-3806	108	2	key	key	ADJ
fsr-3806	108	3	testable	testable	ADJ
fsr-3806	108	4	empirical	empirical	ADJ
fsr-3806	108	5	implication	implication	NOUN
fsr-3806	108	6	is	be	AUX
fsr-3806	108	7	that	that	SCONJ
fsr-3806	108	8	an	an	DET
fsr-3806	108	9	unexpected	unexpected	ADJ
fsr-3806	108	10	increase	increase	NOUN
fsr-3806	108	11	in	in	ADP
fsr-3806	108	12	short	short	ADJ
fsr-3806	108	13	interest	interest	NOUN
fsr-3806	108	14	is	be	AUX
fsr-3806	108	15	bad	bad	ADJ
fsr-3806	108	16	news	news	NOUN
fsr-3806	108	17	and	and	CCONJ
fsr-3806	108	18	will	will	AUX
fsr-3806	108	19	cause	cause	VERB
fsr-3806	108	20	stock	stock	NOUN
fsr-3806	108	21	prices	price	NOUN
fsr-3806	108	22	to	to	PART
fsr-3806	108	23	decline	decline	VERB
fsr-3806	108	24	.	.	PUNCT
fsr-3806	109	1	according	accord	VERB
fsr-3806	109	2	to	to	ADP
fsr-3806	109	3	this	this	DET
fsr-3806	109	4	model	model	NOUN
fsr-3806	109	5	,	,	PUNCT
fsr-3806	109	6	because	because	SCONJ
fsr-3806	109	7	short	short	ADJ
fsr-3806	109	8	-	-	PUNCT
fsr-3806	109	9	selling	sell	VERB
fsr-3806	109	10	restrictions	restriction	NOUN
fsr-3806	109	11	eliminate	eliminate	VERB
fsr-3806	109	12	more	more	ADV
fsr-3806	109	13	uninformed	uninformed	ADJ
fsr-3806	109	14	than	than	SCONJ
fsr-3806	109	15	informed	inform	VERB
fsr-3806	109	16	short	short	ADJ
fsr-3806	109	17	sales	sale	NOUN
fsr-3806	109	18	,	,	PUNCT
fsr-3806	109	19	the	the	DET
fsr-3806	109	20	result	result	NOUN
fsr-3806	109	21	is	be	AUX
fsr-3806	109	22	a	a	DET
fsr-3806	109	23	set	set	NOUN
fsr-3806	109	24	of	of	ADP
fsr-3806	109	25	short	short	ADJ
fsr-3806	109	26	sales	sale	NOUN
fsr-3806	109	27	that	that	PRON
fsr-3806	109	28	contains	contain	VERB
fsr-3806	109	29	a	a	DET
fsr-3806	109	30	higher	high	ADJ
fsr-3806	109	31	percentage	percentage	NOUN
fsr-3806	109	32	of	of	ADP
fsr-3806	109	33	informed	informed	ADJ
fsr-3806	109	34	trades	trade	NOUN
fsr-3806	109	35	than	than	ADP
fsr-3806	109	36	in	in	ADP
fsr-3806	109	37	overall	overall	ADJ
fsr-3806	109	38	sell	sell	NOUN
fsr-3806	109	39	orders	order	NOUN
fsr-3806	109	40	.	.	PUNCT
fsr-3806	110	1	second	second	ADJ
fsr-3806	110	2	,	,	PUNCT
fsr-3806	110	3	the	the	DET
fsr-3806	110	4	increase	increase	NOUN
fsr-3806	110	5	may	may	AUX
fsr-3806	110	6	represent	represent	VERB
fsr-3806	110	7	latent	latent	NOUN
fsr-3806	110	8	buy	buy	VERB
fsr-3806	110	9	ing	ing	ADJ
fsr-3806	110	10	pressure	pressure	NOUN
fsr-3806	110	11	(	(	PUNCT
fsr-3806	110	12	because	because	SCONJ
fsr-3806	110	13	the	the	DET
fsr-3806	110	14	short	short	ADJ
fsr-3806	110	15	positions	position	NOUN
fsr-3806	110	16	must	must	AUX
fsr-3806	110	17	eventually	eventually	ADV
fsr-3806	110	18	be	be	AUX
fsr-3806	110	19	covered	cover	VERB
fsr-3806	110	20	)	)	PUNCT
fsr-3806	110	21	suggesting	suggest	VERB
fsr-3806	110	22	that	that	SCONJ
fsr-3806	110	23	stock	stock	NOUN
fsr-3806	110	24	prices	price	NOUN
fsr-3806	110	25	will	will	AUX
fsr-3806	110	26	rise	rise	VERB
fsr-3806	110	27	.	.	PUNCT
fsr-3806	111	1	whether	whether	SCONJ
fsr-3806	111	2	short	short	ADJ
fsr-3806	111	3	interest	interest	NOUN
fsr-3806	111	4	is	be	AUX
fsr-3806	111	5	interpreted	interpret	VERB
fsr-3806	111	6	as	as	ADP
fsr-3806	111	7	a	a	DET
fsr-3806	111	8	bullish	bullish	ADJ
fsr-3806	111	9	or	or	CCONJ
fsr-3806	111	10	bearish	bearish	ADJ
fsr-3806	111	11	signal	signal	NOUN
fsr-3806	111	12	depends	depend	VERB
fsr-3806	111	13	on	on	ADP
fsr-3806	111	14	the	the	DET
fsr-3806	111	15	sub	sub	NOUN
fsr-3806	111	16	sequent	sequent	NOUN
fsr-3806	111	17	returns	return	NOUN
fsr-3806	111	18	to	to	ADP
fsr-3806	111	19	a	a	DET
fsr-3806	111	20	short	short	ADJ
fsr-3806	111	21	position	position	NOUN
fsr-3806	111	22	following	follow	VERB
fsr-3806	111	23	public	public	ADJ
fsr-3806	111	24	release	release	NOUN
fsr-3806	111	25	of	of	ADP
fsr-3806	111	26	information	information	NOUN
fsr-3806	111	27	on	on	ADP
fsr-3806	111	28	short	short	ADJ
fsr-3806	111	29	interest	interest	NOUN
fsr-3806	111	30	levels	level	NOUN
fsr-3806	111	31	of	of	ADP
fsr-3806	111	32	individual	individual	ADJ
fsr-3806	111	33	stocks	stock	NOUN
fsr-3806	111	34	in	in	ADP
fsr-3806	111	35	the	the	DET
fsr-3806	111	36	wall	wall	PROPN
fsr-3806	111	37	street	street	PROPN
fsr-3806	111	38	yournal	yournal	PROPN
fsr-3806	111	39	.	.	PUNCT
fsr-3806	112	1	whether	whether	SCONJ
fsr-3806	112	2	short	short	ADJ
fsr-3806	112	3	sellers	seller	NOUN
fsr-3806	112	4	on	on	ADP
fsr-3806	112	5	average	average	ADJ
fsr-3806	112	6	earn	earn	VERB
fsr-3806	112	7	abnormal	abnormal	ADJ
fsr-3806	112	8	returns	return	NOUN
fsr-3806	112	9	depends	depend	VERB
fsr-3806	112	10	on	on	ADP
fsr-3806	112	11	any	any	DET
fsr-3806	112	12	excess	excess	ADJ
fsr-3806	112	13	returns	return	NOUN
fsr-3806	112	14	to	to	ADP
fsr-3806	112	15	short	short	ADJ
fsr-3806	112	16	positions	position	NOUN
fsr-3806	112	17	after	after	SCONJ
fsr-3806	112	18	they	they	PRON
fsr-3806	112	19	are	be	AUX
fsr-3806	112	20	estab	estab	NOUN
fsr-3806	112	21	lished	lishe	VERB
fsr-3806	112	22	.	.	PUNCT
fsr-3806	113	1	the	the	DET
fsr-3806	113	2	research	research	NOUN
fsr-3806	113	3	problem	problem	NOUN
fsr-3806	113	4	is	be	AUX
fsr-3806	113	5	to	to	PART
fsr-3806	113	6	estimate	estimate	VERB
fsr-3806	113	7	the	the	DET
fsr-3806	113	8	date	date	NOUN
fsr-3806	113	9	at	at	ADP
fsr-3806	113	10	which	which	PRON
fsr-3806	113	11	the	the	DET
fsr-3806	113	12	short	short	ADJ
fsr-3806	113	13	positions	position	NOUN
fsr-3806	113	14	were	be	AUX
fsr-3806	113	15	taken	take	VERB
fsr-3806	113	16	.	.	PUNCT
fsr-3806	114	1	32	32	NUM
fsr-3806	114	2	financial	financial	ADJ
fsr-3806	114	3	servicf~	servicf~	PROPN
fsr-3806	114	4	review	review	NOUN
fsr-3806	114	5	6(1	6(1	NUM
fsr-3806	114	6	)	)	PUNCT
fsr-3806	114	7	1997	1997	NUM
fsr-3806	114	8	the	the	DET
fsr-3806	114	9	nyse	nyse	PROPN
fsr-3806	114	10	/	/	SYM
fsr-3806	114	11	amex	amex	PROPN
fsr-3806	114	12	and	and	CCONJ
fsr-3806	114	13	nasdaq	nasdaq	PROPN
fsr-3806	114	14	markets	market	NOUN
fsr-3806	114	15	compile	compile	VERB
fsr-3806	114	16	monthly	monthly	ADJ
fsr-3806	114	17	short	short	ADJ
fsr-3806	114	18	interest	interest	NOUN
fsr-3806	114	19	positions	position	NOUN
fsr-3806	114	20	on	on	ADP
fsr-3806	114	21	indi	indi	PROPN
fsr-3806	114	22	vidual	vidual	ADJ
fsr-3806	114	23	stocks	stock	NOUN
fsr-3806	114	24	as	as	ADP
fsr-3806	114	25	of	of	ADP
fsr-3806	114	26	the	the	DET
fsr-3806	114	27	fifteenth	fifteenth	NOUN
fsr-3806	114	28	of	of	ADP
fsr-3806	114	29	each	each	DET
fsr-3806	114	30	month	month	NOUN
fsr-3806	114	31	.	.	PUNCT
fsr-3806	115	1	because	because	SCONJ
fsr-3806	115	2	settlement	settlement	NOUN
fsr-3806	115	3	takes	take	VERB
fsr-3806	115	4	five	five	NUM
fsr-3806	115	5	trading	trading	NOUN
fsr-3806	115	6	days	day	NOUN
fsr-3806	115	7	,	,	PUNCT
fsr-3806	115	8	the	the	DET
fsr-3806	115	9	exchanges	exchange	NOUN
fsr-3806	115	10	actually	actually	ADV
fsr-3806	115	11	compile	compile	VERB
fsr-3806	115	12	short	short	ADJ
fsr-3806	115	13	interest	interest	NOUN
fsr-3806	115	14	data	datum	NOUN
fsr-3806	115	15	as	as	ADP
fsr-3806	115	16	of	of	ADP
fsr-3806	115	17	the	the	DET
fsr-3806	115	18	eighth	eighth	ADJ
fsr-3806	115	19	to	to	ADP
fsr-3806	115	20	the	the	DET
fsr-3806	115	21	tenth	tenth	NOUN
fsr-3806	115	22	of	of	ADP
fsr-3806	115	23	each	each	DET
fsr-3806	115	24	month	month	NOUN
fsr-3806	115	25	(	(	PUNCT
fsr-3806	115	26	the	the	DET
fsr-3806	115	27	compilation	compilation	NOUN
fsr-3806	115	28	date	date	NOUN
fsr-3806	115	29	)	)	PUNCT
fsr-3806	115	30	.	.	PUNCT
fsr-3806	116	1	(	(	PUNCT
fsr-3806	116	2	in	in	ADP
fsr-3806	116	3	june	june	PROPN
fsr-3806	116	4	of	of	ADP
fsr-3806	116	5	1995	1995	NUM
fsr-3806	116	6	,	,	PUNCT
fsr-3806	116	7	after	after	ADP
fsr-3806	116	8	the	the	DET
fsr-3806	116	9	period	period	NOUN
fsr-3806	116	10	of	of	ADP
fsr-3806	116	11	our	our	PRON
fsr-3806	116	12	study	study	NOUN
fsr-3806	116	13	,	,	PUNCT
fsr-3806	116	14	the	the	DET
fsr-3806	116	15	markets	market	NOUN
fsr-3806	116	16	went	go	VERB
fsr-3806	116	17	to	to	ADP
fsr-3806	116	18	three	three	NUM
fsr-3806	116	19	-	-	PUNCT
fsr-3806	116	20	day	day	NOUN
fsr-3806	116	21	settlement	settlement	NOUN
fsr-3806	116	22	.	.	PUNCT
fsr-3806	116	23	)	)	PUNCT
fsr-3806	117	1	the	the	DET
fsr-3806	117	2	wall	wall	PROPN
fsr-3806	117	3	street	street	PROPN
fsr-3806	117	4	journal	journal	PROPN
fsr-3806	117	5	consistently	consistently	ADV
fsr-3806	117	6	publishes	publish	VERB
fsr-3806	117	7	short	short	ADJ
fsr-3806	117	8	interest	interest	NOUN
fsr-3806	117	9	data	datum	NOUN
fsr-3806	117	10	for	for	ADP
fsr-3806	117	11	nyse	nyse	PROPN
fsr-3806	117	12	/	/	SYM
fsr-3806	117	13	amex	amex	PROPN
fsr-3806	117	14	and	and	CCONJ
fsr-3806	117	15	nasdaq	nasdaq	PROPN
fsr-3806	117	16	stocks	stock	NOUN
fsr-3806	117	17	ten	ten	NUM
fsr-3806	117	18	and	and	CCONJ
fsr-3806	117	19	thirteen	thirteen	NUM
fsr-3806	117	20	trading	trading	NOUN
fsr-3806	117	21	days	day	NOUN
fsr-3806	117	22	after	after	ADP
fsr-3806	117	23	compilation	compilation	NOUN
fsr-3806	117	24	dates	date	NOUN
fsr-3806	117	25	,	,	PUNCT
fsr-3806	117	26	respectively	respectively	ADV
fsr-3806	117	27	.	.	PUNCT
fsr-3806	118	1	we	we	PRON
fsr-3806	118	2	use	use	VERB
fsr-3806	118	3	the	the	DET
fsr-3806	118	4	compilation	compilation	NOUN
fsr-3806	118	5	date	date	NOUN
fsr-3806	118	6	as	as	ADP
fsr-3806	118	7	the	the	DET
fsr-3806	118	8	best	good	ADJ
fsr-3806	118	9	estimate	estimate	NOUN
fsr-3806	118	10	of	of	ADP
fsr-3806	118	11	the	the	DET
fsr-3806	118	12	date	date	NOUN
fsr-3806	118	13	on	on	ADP
fsr-3806	118	14	which	which	PRON
fsr-3806	118	15	the	the	DET
fsr-3806	118	16	short	short	ADJ
fsr-3806	118	17	positions	position	NOUN
fsr-3806	118	18	were	be	AUX
fsr-3806	118	19	estabfished	estabfishe	VERB
fsr-3806	118	20	and	and	CCONJ
fsr-3806	118	21	define	define	VERB
fsr-3806	118	22	it	it	PRON
fsr-3806	118	23	as	as	ADP
fsr-3806	118	24	day	day	NOUN
fsr-3806	118	25	~t=-0	~t=-0	NOUN
fsr-3806	118	26	in	in	ADP
fsr-3806	118	27	event	event	NOUN
fsr-3806	118	28	time	time	NOUN
fsr-3806	118	29	.	.	PUNCT
fsr-3806	119	1	previous	previous	ADJ
fsr-3806	119	2	studies	study	NOUN
fsr-3806	119	3	have	have	AUX
fsr-3806	119	4	used	use	VERB
fsr-3806	119	5	a	a	DET
fsr-3806	119	6	variety	variety	NOUN
fsr-3806	119	7	of	of	ADP
fsr-3806	119	8	dates	date	NOUN
fsr-3806	119	9	between	between	ADP
fsr-3806	119	10	compilation	compilation	NOUN
fsr-3806	119	11	and	and	CCONJ
fsr-3806	119	12	publication	publication	NOUN
fsr-3806	119	13	.	.	PUNCT
fsr-3806	120	1	the	the	DET
fsr-3806	120	2	compilation	compilation	NOUN
fsr-3806	120	3	date	date	NOUN
fsr-3806	120	4	is	be	AUX
fsr-3806	120	5	the	the	DET
fsr-3806	120	6	latest	late	ADJ
fsr-3806	120	7	date	date	NOUN
fsr-3806	120	8	at	at	ADP
fsr-3806	120	9	which	which	PRON
fsr-3806	120	10	large	large	ADJ
fsr-3806	120	11	increases	increase	NOUN
fsr-3806	120	12	in	in	ADP
fsr-3806	120	13	short	short	ADJ
fsr-3806	120	14	interest	interest	NOUN
fsr-3806	120	15	could	could	AUX
fsr-3806	120	16	have	have	AUX
fsr-3806	120	17	taken	take	VERB
fsr-3806	120	18	place	place	NOUN
fsr-3806	120	19	and	and	CCONJ
fsr-3806	120	20	still	still	ADV
fsr-3806	120	21	be	be	AUX
fsr-3806	120	22	reported	report	VERB
fsr-3806	120	23	in	in	ADP
fsr-3806	120	24	the	the	DET
fsr-3806	120	25	next	next	ADJ
fsr-3806	120	26	wall	wall	PROPN
fsr-3806	120	27	street	street	PROPN
fsr-3806	120	28	journal	journal	PROPN
fsr-3806	120	29	,	,	PUNCT
fsr-3806	120	30	and	and	CCONJ
fsr-3806	120	31	more	more	ADV
fsr-3806	120	32	closely	closely	ADV
fsr-3806	120	33	approximates	approximate	VERB
fsr-3806	120	34	the	the	DET
fsr-3806	120	35	date	date	NOUN
fsr-3806	120	36	on	on	ADP
fsr-3806	120	37	which	which	PRON
fsr-3806	120	38	short	short	ADJ
fsr-3806	120	39	sellers	seller	NOUN
fsr-3806	120	40	establish	establish	VERB
fsr-3806	120	41	their	their	PRON
fsr-3806	120	42	positions	position	NOUN
fsr-3806	120	43	.	.	PUNCT
fsr-3806	121	1	it	it	PRON
fsr-3806	121	2	is	be	AUX
fsr-3806	121	3	a	a	DET
fsr-3806	121	4	better	well	ADJ
fsr-3806	121	5	estimate	estimate	NOUN
fsr-3806	121	6	than	than	ADP
fsr-3806	121	7	the	the	DET
fsr-3806	121	8	publication	publication	NOUN
fsr-3806	121	9	date	date	NOUN
fsr-3806	121	10	,	,	PUNCT
fsr-3806	121	11	which	which	PRON
fsr-3806	121	12	is	be	AUX
fsr-3806	121	13	several	several	ADJ
fsr-3806	121	14	trading	trading	NOUN
fsr-3806	121	15	days	day	NOUN
fsr-3806	121	16	after	after	ADP
fsr-3806	121	17	significant	significant	ADJ
fsr-3806	121	18	increases	increase	NOUN
fsr-3806	121	19	in	in	ADP
fsr-3806	121	20	short	short	ADJ
fsr-3806	121	21	interest	interest	NOUN
fsr-3806	121	22	levels	level	NOUN
fsr-3806	121	23	.	.	PUNCT
fsr-3806	122	1	compilation	compilation	NOUN
fsr-3806	122	2	publication	publication	NOUN
fsr-3806	122	3	date	date	NOUN
fsr-3806	122	4	date	date	NOUN
fsr-3806	122	5	t	t	PROPN
fsr-3806	123	1	=	=	SYM
fsr-3806	123	2	-20	-20	SYM
fsr-3806	123	3	t=0	t=0	X
fsr-3806	123	4	t	t	NOUN
fsr-3806	123	5	=	=	SYM
fsr-3806	123	6	+10	+10	NOUN
fsr-3806	123	7	(	(	PUNCT
fsr-3806	123	8	nysfjamex	nysfjamex	PROPN
fsr-3806	123	9	)	)	PUNCT
fsr-3806	123	10	t	t	PROPN
fsr-3806	123	11	ffi	ffi	PROPN
fsr-3806	123	12	+13(hasdaq	+13(hasdaq	PROPN
fsr-3806	123	13	)	)	PUNCT
fsr-3806	123	14	t	t	PROPN
fsr-3806	123	15	=	=	SYM
fsr-3806	123	16	+30	+30	PROPN
fsr-3806	123	17	p	p	X
fsr-3806	123	18	m	m	PROPN
fsr-3806	123	19	t	t	NOUN
fsr-3806	123	20	~	~	PUNCT
fsr-3806	123	21	n	n	CCONJ
fsr-3806	123	22	m	m	VERB
fsr-3806	123	23	n	n	ADJ
fsr-3806	123	24	i	i	NOUN
fsr-3806	123	25	l	l	NOUN
fsr-3806	123	26	~	~	PUNCT
fsr-3806	123	27	t	t	X
fsr-3806	123	28	i	i	PRON
fsr-3806	123	29	n	n	CCONJ
fsr-3806	123	30	n	n	CCONJ
fsr-3806	123	31	~.~	~.~	PUNCT
fsr-3806	123	32	(	(	PUNCT
fsr-3806	123	33	-20,0	-20,0	NOUN
fsr-3806	123	34	)	)	PUNCT
fsr-3806	123	35	lnto	lnto	NOUN
fsr-3806	123	36	~	~	SYM
fsr-3806	123	37	rim	rim	NOUN
fsr-3806	123	38	(	(	PUNCT
fsr-3806	123	39	+1	+1	PROPN
fsr-3806	123	40	,	,	PUNCT
fsr-3806	123	41	publication	publication	NOUN
fsr-3806	123	42	date	date	NOUN
fsr-3806	123	43	)	)	PUNCT
fsr-3806	123	44	pnc	pnc	NOUN
fsr-3806	123	45	:	:	PUNCT
fsr-3806	123	46	t-~.nmr	t-~.nmr	PROPN
fsr-3806	123	47	~	~	SYM
fsr-3806	123	48	il~	il~	PROPN
fsr-3806	123	49	(	(	PUNCT
fsr-3806	123	50	+1,+30	+1,+30	PROPN
fsr-3806	123	51	)	)	PUNCT
fsr-3806	123	52	pn~-ihd	pn~-ihd	VERB
fsr-3806	123	53	~	~	SYM
fsr-3806	123	54	l	l	X
fsr-3806	123	55	ie	ie	X
fsr-3806	123	56	~	~	SYM
fsr-3806	123	57	n	n	X
fsr-3806	123	58	(	(	PUNCT
fsr-3806	123	59	publication	publication	NOUN
fsr-3806	123	60	date,+30	date,+30	PROPN
fsr-3806	123	61	"	"	PUNCT
fsr-3806	123	62	)	)	PUNCT
fsr-3806	123	63	ion	ion	NOUN
fsr-3806	123	64	figure	figure	NOUN
fsr-3806	123	65	1	1	NUM
fsr-3806	123	66	.	.	PUNCT
fsr-3806	124	1	the	the	DET
fsr-3806	124	2	time	time	NOUN
fsr-3806	124	3	-	-	PUNCT
fsr-3806	124	4	line	line	NOUN
fsr-3806	124	5	and	and	CCONJ
fsr-3806	124	6	relevant	relevant	ADJ
fsr-3806	124	7	event	event	NOUN
fsr-3806	124	8	intervals	interval	NOUN
fsr-3806	124	9	are	be	AUX
fsr-3806	124	10	presented	present	VERB
fsr-3806	124	11	in	in	ADP
fsr-3806	124	12	figure	figure	NOUN
fsr-3806	124	13	i.	i.	NOUN
fsr-3806	124	14	we	we	PRON
fsr-3806	124	15	define	define	VERB
fsr-3806	124	16	the	the	DET
fsr-3806	124	17	com	com	NOUN
fsr-3806	124	18	pilation	pilation	NOUN
fsr-3806	124	19	date	date	NOUN
fsr-3806	124	20	as	as	ADP
fsr-3806	124	21	day	day	NOUN
fsr-3806	124	22	t	t	NOUN
fsr-3806	124	23	=	=	SYM
fsr-3806	124	24	0	0	NUM
fsr-3806	124	25	in	in	ADP
fsr-3806	124	26	event	event	NOUN
fsr-3806	124	27	time	time	NOUN
fsr-3806	124	28	.	.	PUNCT
fsr-3806	125	1	the	the	DET
fsr-3806	125	2	nyse	nyse	PROPN
fsr-3806	125	3	/	/	SYM
fsr-3806	125	4	amex	amex	PROPN
fsr-3806	125	5	and	and	CCONJ
fsr-3806	125	6	nasdaq	nasdaq	PROPN
fsr-3806	125	7	markets	market	NOUN
fsr-3806	125	8	compile	compile	VERB
fsr-3806	125	9	monthly	monthly	ADJ
fsr-3806	125	10	short	short	ADJ
fsr-3806	125	11	interest	interest	NOUN
fsr-3806	125	12	positions	position	NOUN
fsr-3806	125	13	on	on	ADP
fsr-3806	125	14	individual	individual	ADJ
fsr-3806	125	15	stocks	stock	NOUN
fsr-3806	125	16	as	as	ADP
fsr-3806	125	17	of	of	ADP
fsr-3806	125	18	the	the	DET
fsr-3806	125	19	fifteenth	fifteenth	NOUN
fsr-3806	125	20	of	of	ADP
fsr-3806	125	21	each	each	DET
fsr-3806	125	22	month	month	NOUN
fsr-3806	125	23	.	.	PUNCT
fsr-3806	126	1	because	because	SCONJ
fsr-3806	126	2	settlement	settlement	NOUN
fsr-3806	126	3	takes	take	VERB
fsr-3806	126	4	five	five	NUM
fsr-3806	126	5	trading	trading	NOUN
fsr-3806	126	6	days	day	NOUN
fsr-3806	126	7	,	,	PUNCT
fsr-3806	126	8	the	the	DET
fsr-3806	126	9	exchanges	exchange	NOUN
fsr-3806	126	10	actually	actually	ADV
fsr-3806	126	11	compile	compile	VERB
fsr-3806	126	12	short	short	ADJ
fsr-3806	126	13	interest	interest	NOUN
fsr-3806	126	14	data	datum	NOUN
fsr-3806	126	15	as	as	ADP
fsr-3806	126	16	of	of	ADP
fsr-3806	126	17	the	the	DET
fsr-3806	126	18	eighth	eighth	ADJ
fsr-3806	126	19	to	to	ADP
fsr-3806	126	20	the	the	DET
fsr-3806	126	21	tenth	tenth	NOUN
fsr-3806	126	22	of	of	ADP
fsr-3806	126	23	each	each	DET
fsr-3806	126	24	month	month	NOUN
fsr-3806	126	25	(	(	PUNCT
fsr-3806	126	26	the	the	DET
fsr-3806	126	27	compilation	compilation	NOUN
fsr-3806	126	28	date	date	NOUN
fsr-3806	126	29	)	)	PUNCT
fsr-3806	126	30	.	.	PUNCT
fsr-3806	127	1	the	the	DET
fsr-3806	127	2	wsj	wsj	PROPN
fsr-3806	127	3	consistently	consistently	ADV
fsr-3806	127	4	publishes	publish	VERB
fsr-3806	127	5	short	short	ADJ
fsr-3806	127	6	interest	interest	NOUN
fsr-3806	127	7	data	datum	NOUN
fsr-3806	127	8	for	for	ADP
fsr-3806	127	9	nyse/	nyse/	NUM
fsr-3806	127	10	amex	amex	NOUN
fsr-3806	127	11	and	and	CCONJ
fsr-3806	127	12	nasdaq	nasdaq	PROPN
fsr-3806	127	13	stocks	stock	NOUN
fsr-3806	127	14	ten	ten	NUM
fsr-3806	127	15	and	and	CCONJ
fsr-3806	127	16	thriteen	thriteen	VERB
fsr-3806	127	17	trading	trading	NOUN
fsr-3806	127	18	days	day	NOUN
fsr-3806	127	19	after	after	ADP
fsr-3806	127	20	compilation	compilation	NOUN
fsr-3806	127	21	dates	date	NOUN
fsr-3806	127	22	,	,	PUNCT
fsr-3806	127	23	respectively	respectively	ADV
fsr-3806	127	24	.	.	PUNCT
fsr-3806	128	1	excess	excess	ADJ
fsr-3806	128	2	returns	return	NOUN
fsr-3806	128	3	in	in	ADP
fsr-3806	128	4	the	the	DET
fsr-3806	128	5	pre	pre	ADJ
fsr-3806	128	6	-	-	ADJ
fsr-3806	128	7	compilation	compilation	ADJ
fsr-3806	128	8	interval	interval	NOUN
fsr-3806	128	9	include	include	VERB
fsr-3806	128	10	any	any	DET
fsr-3806	128	11	rim	rim	NOUN
fsr-3806	128	12	-	-	PUNCT
fsr-3806	128	13	up	up	NOUN
fsr-3806	128	14	in	in	ADP
fsr-3806	128	15	prices	price	NOUN
fsr-3806	128	16	prior	prior	ADV
fsr-3806	128	17	to	to	ADP
fsr-3806	128	18	large	large	ADJ
fsr-3806	128	19	increases	increase	NOUN
fsr-3806	128	20	in	in	ADP
fsr-3806	128	21	short	short	ADJ
fsr-3806	128	22	interest	interest	NOUN
fsr-3806	128	23	.	.	PUNCT
fsr-3806	129	1	excess	excess	ADJ
fsr-3806	129	2	returns	return	NOUN
fsr-3806	129	3	in	in	ADP
fsr-3806	129	4	the	the	DET
fsr-3806	129	5	post	post	ADJ
fsr-3806	129	6	-	-	ADJ
fsr-3806	129	7	compilation	compilation	ADJ
fsr-3806	129	8	interval	interval	NOUN
fsr-3806	129	9	estimate	estimate	NOUN
fsr-3806	129	10	returns	return	NOUN
fsr-3806	129	11	to	to	ADP
fsr-3806	129	12	short	short	ADJ
fsr-3806	129	13	sellers	seller	NOUN
fsr-3806	129	14	.	.	PUNCT
fsr-3806	130	1	excess	excess	ADJ
fsr-3806	130	2	returns	return	NOUN
fsr-3806	130	3	to	to	ADP
fsr-3806	130	4	investors	investor	NOUN
fsr-3806	130	5	who	who	PRON
fsr-3806	130	6	respond	respond	VERB
fsr-3806	130	7	to	to	ADP
fsr-3806	130	8	the	the	DET
fsr-3806	130	9	public	public	ADJ
fsr-3806	130	10	announcement	announcement	NOUN
fsr-3806	130	11	of	of	ADP
fsr-3806	130	12	large	large	ADJ
fsr-3806	130	13	increases	increase	NOUN
fsr-3806	130	14	in	in	ADP
fsr-3806	130	15	short	short	ADJ
fsr-3806	130	16	interest	interest	NOUN
fsr-3806	130	17	are	be	AUX
fsr-3806	130	18	estimated	estimate	VERB
fsr-3806	130	19	during	during	ADP
fsr-3806	130	20	the	the	DET
fsr-3806	130	21	post	post	ADJ
fsr-3806	130	22	-	-	ADJ
fsr-3806	130	23	pubfication	pubfication	ADJ
fsr-3806	130	24	period	period	NOUN
fsr-3806	130	25	.	.	PUNCT
fsr-3806	131	1	excess	excess	ADJ
fsr-3806	131	2	returns	return	NOUN
fsr-3806	131	3	to	to	ADP
fsr-3806	131	4	short	short	ADJ
fsr-3806	131	5	sellers	seller	NOUN
fsr-3806	131	6	are	be	AUX
fsr-3806	131	7	the	the	DET
fsr-3806	131	8	sum	sum	NOUN
fsr-3806	131	9	of	of	ADP
fsr-3806	131	10	returns	return	NOUN
fsr-3806	131	11	in	in	ADP
fsr-3806	131	12	the	the	DET
fsr-3806	131	13	interim	interim	ADJ
fsr-3806	131	14	period	period	NOUN
fsr-3806	131	15	between	between	ADP
fsr-3806	131	16	compilation	compilation	NOUN
fsr-3806	131	17	and	and	CCONJ
fsr-3806	131	18	publication	publication	NOUN
fsr-3806	131	19	,	,	PUNCT
fsr-3806	131	20	and	and	CCONJ
fsr-3806	131	21	returns	return	NOUN
fsr-3806	131	22	after	after	ADP
fsr-3806	131	23	publication	publication	NOUN
fsr-3806	131	24	.	.	PUNCT
fsr-3806	132	1	short	short	ADJ
fsr-3806	132	2	se///ng	se///ng	NOUN
fsr-3806	132	3	and	and	CCONJ
fsr-3806	132	4	trad	trad	PROPN
fsr-3806	132	5	/	/	SYM
fsr-3806	132	6	ng	ng	PROPN
fsr-3806	132	7	abuses	abuse	VERB
fsr-3806	132	8	33	33	NUM
fsr-3806	132	9	the	the	DET
fsr-3806	132	10	time	time	NOUN
fsr-3806	132	11	-	-	PUNCT
fsr-3806	132	12	line	line	NOUN
fsr-3806	132	13	and	and	CCONJ
fsr-3806	132	14	relevant	relevant	ADJ
fsr-3806	132	15	event	event	NOUN
fsr-3806	132	16	intervals	interval	NOUN
fsr-3806	132	17	are	be	AUX
fsr-3806	132	18	presented	present	VERB
fsr-3806	132	19	in	in	ADP
fsr-3806	132	20	figure	figure	NOUN
fsr-3806	132	21	1	1	NUM
fsr-3806	132	22	.	.	PUNCT
fsr-3806	133	1	note	note	VERB
fsr-3806	133	2	that	that	SCONJ
fsr-3806	133	3	negative	negative	ADJ
fsr-3806	133	4	abnormal	abnormal	ADJ
fsr-3806	133	5	returns	return	NOUN
fsr-3806	133	6	represent	represent	VERB
fsr-3806	133	7	positive	positive	ADJ
fsr-3806	133	8	excess	excess	ADJ
fsr-3806	133	9	returns	return	NOUN
fsr-3806	133	10	to	to	ADP
fsr-3806	133	11	short	short	ADJ
fsr-3806	133	12	sellers	seller	NOUN
fsr-3806	133	13	.	.	PUNCT
fsr-3806	134	1	excess	excess	ADJ
fsr-3806	134	2	returns	return	NOUN
fsr-3806	134	3	in	in	ADP
fsr-3806	134	4	the	the	DET
fsr-3806	134	5	pre	pre	ADJ
fsr-3806	134	6	-	-	ADJ
fsr-3806	134	7	compilation	compilation	ADJ
fsr-3806	134	8	interval	interval	NOUN
fsr-3806	134	9	include	include	VERB
fsr-3806	134	10	any	any	DET
fsr-3806	134	11	price	price	NOUN
fsr-3806	134	12	movements	movement	NOUN
fsr-3806	134	13	prior	prior	ADV
fsr-3806	134	14	to	to	ADP
fsr-3806	134	15	large	large	ADJ
fsr-3806	134	16	increases	increase	NOUN
fsr-3806	134	17	in	in	ADP
fsr-3806	134	18	short	short	ADJ
fsr-3806	134	19	interest	interest	NOUN
fsr-3806	134	20	.	.	PUNCT
fsr-3806	135	1	excess	excess	ADJ
fsr-3806	135	2	returns	return	NOUN
fsr-3806	135	3	in	in	ADP
fsr-3806	135	4	the	the	DET
fsr-3806	135	5	post	post	ADJ
fsr-3806	135	6	-	-	ADJ
fsr-3806	135	7	compilation	compilation	ADJ
fsr-3806	135	8	interval	interval	NOUN
fsr-3806	135	9	estimate	estimate	NOUN
fsr-3806	135	10	returns	return	NOUN
fsr-3806	135	11	to	to	ADP
fsr-3806	135	12	short	short	ADJ
fsr-3806	135	13	sellers	seller	NOUN
fsr-3806	135	14	.	.	PUNCT
fsr-3806	136	1	excess	excess	ADJ
fsr-3806	136	2	returns	return	NOUN
fsr-3806	136	3	to	to	ADP
fsr-3806	136	4	investors	investor	NOUN
fsr-3806	136	5	who	who	PRON
fsr-3806	136	6	respond	respond	VERB
fsr-3806	136	7	to	to	ADP
fsr-3806	136	8	the	the	DET
fsr-3806	136	9	public	public	ADJ
fsr-3806	136	10	announcement	announcement	NOUN
fsr-3806	136	11	of	of	ADP
fsr-3806	136	12	large	large	ADJ
fsr-3806	136	13	increases	increase	NOUN
fsr-3806	136	14	in	in	ADP
fsr-3806	136	15	short	short	ADJ
fsr-3806	136	16	interest	interest	NOUN
fsr-3806	136	17	are	be	AUX
fsr-3806	136	18	estimated	estimate	VERB
fsr-3806	136	19	during	during	ADP
fsr-3806	136	20	the	the	DET
fsr-3806	136	21	post	post	ADJ
fsr-3806	136	22	-	-	ADJ
fsr-3806	136	23	publication	publication	ADJ
fsr-3806	136	24	period	period	NOUN
fsr-3806	136	25	.	.	PUNCT
fsr-3806	137	1	excess	excess	ADJ
fsr-3806	137	2	returns	return	NOUN
fsr-3806	137	3	to	to	ADP
fsr-3806	137	4	short	short	ADJ
fsr-3806	137	5	sell	sell	NOUN
fsr-3806	137	6	ers	er	NOUN
fsr-3806	137	7	are	be	AUX
fsr-3806	137	8	the	the	DET
fsr-3806	137	9	sum	sum	NOUN
fsr-3806	137	10	of	of	ADP
fsr-3806	137	11	returns	return	NOUN
fsr-3806	137	12	in	in	ADP
fsr-3806	137	13	the	the	DET
fsr-3806	137	14	interim	interim	ADJ
fsr-3806	137	15	period	period	NOUN
fsr-3806	137	16	between	between	ADP
fsr-3806	137	17	compilation	compilation	NOUN
fsr-3806	137	18	and	and	CCONJ
fsr-3806	137	19	publication	publication	NOUN
fsr-3806	137	20	,	,	PUNCT
fsr-3806	137	21	and	and	CCONJ
fsr-3806	137	22	returns	return	NOUN
fsr-3806	137	23	after	after	ADP
fsr-3806	137	24	publication	publication	NOUN
fsr-3806	137	25	.	.	PUNCT
fsr-3806	138	1	iv	iv	X
fsr-3806	138	2	.	.	PUNCT
fsr-3806	139	1	e	e	X
fsr-3806	139	2	m	m	VERB
fsr-3806	139	3	p	p	X
fsr-3806	140	1	i	i	PRON
fsr-3806	140	2	r	r	VERB
fsr-3806	141	1	i	i	PRON
fsr-3806	141	2	c	c	VERB
fsr-3806	141	3	a	a	DET
fsr-3806	141	4	l	l	NOUN
fsr-3806	141	5	results	result	VERB
fsr-3806	141	6	a	a	X
fsr-3806	141	7	)	)	PUNCT
fsr-3806	141	8	the	the	DET
fsr-3806	141	9	profi	profi	PROPN
fsr-3806	141	10	tabil	tabil	PROPN
fsr-3806	142	1	i	i	PRON
fsr-3806	142	2	ty	ty	INTJ
fsr-3806	142	3	of	of	ADP
fsr-3806	142	4	shor	shor	PROPN
fsr-3806	142	5	t	t	PROPN
fsr-3806	142	6	selling	selling	NOUN
fsr-3806	142	7	mean	mean	VERB
fsr-3806	142	8	cumulative	cumulative	ADJ
fsr-3806	142	9	abnormal	abnormal	ADJ
fsr-3806	142	10	returns	return	NOUN
fsr-3806	142	11	(	(	PUNCT
fsr-3806	142	12	cars	car	NOUN
fsr-3806	142	13	)	)	PUNCT
fsr-3806	142	14	of	of	ADP
fsr-3806	142	15	both	both	PRON
fsr-3806	142	16	nyse	nyse	PROPN
fsr-3806	142	17	/	/	SYM
fsr-3806	142	18	amex	amex	PROPN
fsr-3806	142	19	and	and	CCONJ
fsr-3806	142	20	nasdaq	nasdaq	PROPN
fsr-3806	142	21	stocks	stock	NOUN
fsr-3806	142	22	over	over	ADP
fsr-3806	142	23	days	day	NOUN
fsr-3806	142	24	t	t	NOUN
fsr-3806	142	25	=	=	SYM
fsr-3806	142	26	-20	-20	PUNCT
fsr-3806	142	27	to	to	ADP
fsr-3806	142	28	t	t	NOUN
fsr-3806	142	29	=	=	SYM
fsr-3806	142	30	30	30	NUM
fsr-3806	142	31	are	be	AUX
fsr-3806	142	32	plotted	plot	VERB
fsr-3806	142	33	in	in	ADP
fsr-3806	142	34	figure	figure	NOUN
fsr-3806	142	35	2	2	NUM
fsr-3806	142	36	.	.	PUNCT
fsr-3806	143	1	stocks	stock	NOUN
fsr-3806	143	2	in	in	ADP
fsr-3806	143	3	both	both	DET
fsr-3806	143	4	samples	sample	NOUN
fsr-3806	143	5	experience	experience	VERB
fsr-3806	143	6	a	a	DET
fsr-3806	143	7	price	price	NOUN
fsr-3806	143	8	increase	increase	NOUN
fsr-3806	143	9	prior	prior	ADV
fsr-3806	143	10	to	to	ADP
fsr-3806	143	11	the	the	DET
fsr-3806	143	12	compilation	compilation	NOUN
fsr-3806	143	13	date	date	NOUN
fsr-3806	143	14	,	,	PUNCT
fsr-3806	143	15	suggesting	suggest	VERB
fsr-3806	143	16	that	that	SCONJ
fsr-3806	143	17	short	short	ADJ
fsr-3806	143	18	sellers	seller	NOUN
fsr-3806	143	19	tend	tend	VERB
fsr-3806	143	20	to	to	PART
fsr-3806	143	21	sell	sell	VERB
fsr-3806	143	22	into	into	ADP
fsr-3806	143	23	rising	rise	VERB
fsr-3806	143	24	markets	market	NOUN
fsr-3806	143	25	.	.	PUNCT
fsr-3806	144	1	after	after	ADP
fsr-3806	144	2	the	the	DET
fsr-3806	144	3	compilation	compilation	NOUN
fsr-3806	144	4	date	date	NOUN
fsr-3806	144	5	the	the	DET
fsr-3806	144	6	mcars	mcar	NOUN
fsr-3806	144	7	of	of	ADP
fsr-3806	144	8	both	both	DET
fsr-3806	144	9	samples	sample	NOUN
fsr-3806	144	10	begin	begin	VERB
fsr-3806	144	11	to	to	PART
fsr-3806	144	12	drift	drift	VERB
fsr-3806	144	13	down	down	ADP
fsr-3806	144	14	ward	ward	NOUN
fsr-3806	144	15	,	,	PUNCT
fsr-3806	144	16	which	which	PRON
fsr-3806	144	17	suggests	suggest	VERB
fsr-3806	144	18	short	short	ADJ
fsr-3806	144	19	sellers	seller	NOUN
fsr-3806	144	20	earn	earn	VERB
fsr-3806	144	21	excess	excess	ADJ
fsr-3806	144	22	returns	return	NOUN
fsr-3806	144	23	.	.	PUNCT
fsr-3806	145	1	0.06	0.06	NUM
fsr-3806	145	2	0.05	0.05	NUM
fsr-3806	145	3	0.04	0.04	NUM
fsr-3806	145	4	0.03	0.03	NUM
fsr-3806	145	5	0.o2	0.o2	NOUN
fsr-3806	145	6	0.01	0.01	NUM
fsr-3806	145	7	0	0	NUM
fsr-3806	145	8	-0.01	-0.01	NUM
fsr-3806	145	9	o	o	NOUN
fsr-3806	145	10	#	#	NOUN
fsr-3806	145	11	~	~	PUNCT
fsr-3806	145	12	l	l	NOUN
fsr-3806	146	1	b	b	X
fsr-3806	146	2	d	d	NOUN
fsr-3806	146	3	~	~	PUNCT
fsr-3806	146	4	|	|	ADV
fsr-3806	146	5	m	m	VERB
fsr-3806	146	6	b	b	NOUN
fsr-3806	146	7	"	"	PUNCT
fsr-3806	146	8	-75	-75	PUNCT
fsr-3806	146	9	-,0	-,0	PUNCT
fsr-3806	146	10	-5	-5	ADJ
fsr-3806	146	11	0	0	NUM
fsr-3806	146	12	5	5	NUM
fsr-3806	146	13	io	io	NOUN
fsr-3806	146	14	,	,	PUNCT
fsr-3806	146	15	5	5	NUM
fsr-3806	146	16	20	20	NUM
fsr-3806	146	17	.	.	PUNCT
fsr-3806	147	1	n	n	X
fsr-3806	147	2	~	~	PUNCT
fsr-3806	147	3	l	l	NOUN
fsr-3806	147	4	a	a	DET
fsr-3806	147	5	q	q	NOUN
fsr-3806	147	6	event	event	NOUN
fsr-3806	147	7	date	date	NOUN
fsr-3806	147	8	figure	figure	NOUN
fsr-3806	147	9	2	2	NUM
fsr-3806	147	10	.	.	PUNCT
fsr-3806	148	1	the	the	DET
fsr-3806	148	2	mean	mean	ADJ
fsr-3806	148	3	cumulative	cumulative	ADJ
fsr-3806	148	4	abnormal	abnormal	ADJ
fsr-3806	148	5	returns	return	NOUN
fsr-3806	148	6	(	(	PUNCT
fsr-3806	148	7	cars	car	NOUN
fsr-3806	148	8	)	)	PUNCT
fsr-3806	148	9	for	for	ADP
fsr-3806	148	10	both	both	CCONJ
fsr-3806	148	11	the	the	DET
fsr-3806	148	12	nyse	nyse	PROPN
fsr-3806	148	13	/	/	SYM
fsr-3806	148	14	amex	amex	PROPN
fsr-3806	148	15	and	and	CCONJ
fsr-3806	148	16	nas	nas	PROPN
fsr-3806	148	17	daq	daq	PROPN
fsr-3806	148	18	samples	sample	NOUN
fsr-3806	148	19	over	over	ADP
fsr-3806	148	20	days	day	NOUN
fsr-3806	148	21	t	t	NOUN
fsr-3806	148	22	=	=	SYM
fsr-3806	148	23	-20	-20	PUNCT
fsr-3806	148	24	to	to	ADP
fsr-3806	148	25	t	t	NOUN
fsr-3806	148	26	=	=	SYM
fsr-3806	148	27	+30	+30	NOUN
fsr-3806	148	28	are	be	AUX
fsr-3806	148	29	plotted	plot	VERB
fsr-3806	148	30	.	.	PUNCT
fsr-3806	149	1	the	the	DET
fsr-3806	149	2	compilation	compilation	NOUN
fsr-3806	149	3	date	date	NOUN
fsr-3806	149	4	is	be	AUX
fsr-3806	149	5	defined	define	VERB
fsr-3806	149	6	as	as	ADP
fsr-3806	149	7	t	t	NOUN
fsr-3806	149	8	=	=	SYM
fsr-3806	149	9	0	0	NUM
fsr-3806	149	10	in	in	ADP
fsr-3806	149	11	event	event	NOUN
fsr-3806	149	12	time	time	NOUN
fsr-3806	149	13	.	.	PUNCT
fsr-3806	150	1	abnormal	abnormal	ADJ
fsr-3806	150	2	returns	return	NOUN
fsr-3806	150	3	are	be	AUX
fsr-3806	150	4	generated	generate	VERB
fsr-3806	150	5	by	by	ADP
fsr-3806	150	6	subtracting	subtract	VERB
fsr-3806	150	7	the	the	DET
fsr-3806	150	8	daily	daily	ADJ
fsr-3806	150	9	return	return	NOUN
fsr-3806	150	10	for	for	ADP
fsr-3806	150	11	the	the	DET
fsr-3806	150	12	market	market	NOUN
fsr-3806	150	13	from	from	ADP
fsr-3806	150	14	the	the	DET
fsr-3806	150	15	return	return	NOUN
fsr-3806	150	16	for	for	ADP
fsr-3806	150	17	the	the	DET
fsr-3806	150	18	individual	individual	ADJ
fsr-3806	150	19	firm	firm	NOUN
fsr-3806	150	20	.	.	PUNCT
fsr-3806	151	1	negative	negative	ADJ
fsr-3806	151	2	abnormal	abnormal	ADJ
fsr-3806	151	3	returns	return	NOUN
fsr-3806	151	4	defined	define	VERB
fsr-3806	151	5	in	in	ADP
fsr-3806	151	6	this	this	DET
fsr-3806	151	7	manner	manner	NOUN
fsr-3806	151	8	indicate	indicate	VERB
fsr-3806	151	9	positive	positive	ADJ
fsr-3806	151	10	abnormal	abnormal	ADJ
fsr-3806	151	11	returns	return	NOUN
fsr-3806	151	12	to	to	ADP
fsr-3806	151	13	short	short	ADJ
fsr-3806	151	14	sellers	seller	NOUN
fsr-3806	151	15	,	,	PUNCT
fsr-3806	151	16	since	since	SCONJ
fsr-3806	151	17	they	they	PRON
fsr-3806	151	18	profit	profit	VERB
fsr-3806	151	19	from	from	ADP
fsr-3806	151	20	price	price	NOUN
fsr-3806	151	21	declines	decline	NOUN
fsr-3806	151	22	.	.	PUNCT
fsr-3806	152	1	our	our	PRON
fsr-3806	152	2	proxy	proxy	NOUN
fsr-3806	152	3	for	for	ADP
fsr-3806	152	4	the	the	DET
fsr-3806	152	5	market	market	NOUN
fsr-3806	152	6	return	return	NOUN
fsr-3806	152	7	is	be	AUX
fsr-3806	152	8	the	the	DET
fsr-3806	152	9	equally	equally	ADV
fsr-3806	152	10	-	-	PUNCT
fsr-3806	152	11	weghted	weghte	VERB
fsr-3806	152	12	average	average	ADJ
fsr-3806	152	13	remm	remm	NOUN
fsr-3806	152	14	for	for	ADP
fsr-3806	152	15	all	all	DET
fsr-3806	152	16	firms	firm	NOUN
fsr-3806	152	17	in	in	ADP
fsr-3806	152	18	the	the	DET
fsr-3806	152	19	same	same	ADJ
fsr-3806	152	20	size	size	NOUN
fsr-3806	152	21	decile	decile	NOUN
fsr-3806	152	22	as	as	ADP
fsr-3806	152	23	the	the	DET
fsr-3806	152	24	firm	firm	NOUN
fsr-3806	152	25	in	in	ADP
fsr-3806	152	26	question	question	NOUN
fsr-3806	152	27	.	.	PUNCT
fsr-3806	153	1	deciles	decile	NOUN
fsr-3806	153	2	are	be	AUX
fsr-3806	153	3	constructed	construct	VERB
fsr-3806	153	4	sepetately	sepetately	ADV
fsr-3806	153	5	for	for	ADP
fsr-3806	153	6	nasdaq	nasdaq	PROPN
fsr-3806	153	7	and	and	CCONJ
fsr-3806	153	8	nyse	nyse	PROPN
fsr-3806	153	9	/	/	SYM
fsr-3806	153	10	amex	amex	PROPN
fsr-3806	153	11	firms	firm	NOUN
fsr-3806	153	12	.	.	PUNCT
fsr-3806	154	1	34	34	NUM
fsr-3806	154	2	financial	financial	ADJ
fsr-3806	154	3	services	service	NOUN
fsr-3806	154	4	review	review	VERB
fsr-3806	154	5	6(1	6(1	NUM
fsr-3806	154	6	)	)	PUNCT
fsr-3806	154	7	1997	1997	NUM
fsr-3806	154	8	table	table	NOUN
fsr-3806	154	9	1	1	NUM
fsr-3806	154	10	event	event	NOUN
fsr-3806	154	11	day	day	NOUN
fsr-3806	154	12	(	(	PUNCT
fsr-3806	154	13	t	t	NOUN
fsr-3806	154	14	)	)	PUNCT
fsr-3806	154	15	mean	mean	VERB
fsr-3806	154	16	abnormal	abnormal	ADJ
fsr-3806	154	17	returns	return	NOUN
fsr-3806	154	18	z	z	NOUN
fsr-3806	154	19	-	-	PUNCT
fsr-3806	154	20	statistic	statistic	NOUN
fsr-3806	154	21	-5	-5	INTJ
fsr-3806	154	22	+0.0008	+0.0008	PUNCT
fsr-3806	155	1	+0.37	+0.37	PROPN
fsr-3806	155	2	-4	-4	ADJ
fsr-3806	155	3	+0.0006	+0.0006	NOUN
fsr-3806	155	4	+0.09	+0.09	X
fsr-3806	155	5	-3	-3	PUNCT
fsr-3806	155	6	+0.0029	+0.0029	X
fsr-3806	155	7	+4.23	+4.23	PROPN
fsr-3806	155	8	"	"	PUNCT
fsr-3806	155	9	*	*	PUNCT
fsr-3806	155	10	*	*	PUNCT
fsr-3806	155	11	-2	-2	INTJ
fsr-3806	155	12	+0.0064	+0.0064	X
fsr-3806	156	1	+3.84	+3.84	PROPN
fsr-3806	156	2	*	*	PUNCT
fsr-3806	156	3	*	*	PUNCT
fsr-3806	156	4	*	*	PUNCT
fsr-3806	156	5	-1	-1	X
fsr-3806	156	6	+0.0044	+0.0044	X
fsr-3806	157	1	+3.77	+3.77	ADJ
fsr-3806	157	2	"	"	PUNCT
fsr-3806	157	3	*	*	ADJ
fsr-3806	157	4	*	*	PUNCT
fsr-3806	157	5	compilation	compilation	NOUN
fsr-3806	157	6	date	date	NOUN
fsr-3806	157	7	+0.0018	+0.0018	ADP
fsr-3806	157	8	+	+	CCONJ
fsr-3806	157	9	1.30	1.30	NUM
fsr-3806	157	10	+1	+1	ADJ
fsr-3806	157	11	+0.0006	+0.0006	X
fsr-3806	157	12	+1.85	+1.85	PROPN
fsr-3806	157	13	"	"	PUNCT
fsr-3806	157	14	+2	+2	PROPN
fsr-3806	157	15	-0.0002	-0.0002	NOUN
fsr-3806	158	1	-0.81	-0.81	INTJ
fsr-3806	158	2	+3	+3	PROPN
fsr-3806	158	3	-0.0016	-0.0016	PROPN
fsr-3806	158	4	-1.25	-1.25	INTJ
fsr-3806	159	1	+4	+4	PROPN
fsr-3806	159	2	-0.0015	-0.0015	PRON
fsr-3806	160	1	-4.37	-4.37	PRON
fsr-3806	160	2	*	*	NOUN
fsr-3806	160	3	*	*	PUNCT
fsr-3806	160	4	*	*	PUNCT
fsr-3806	161	1	+5	+5	NOUN
fsr-3806	161	2	+0.0004	+0.0004	X
fsr-3806	162	1	+0.73	+0.73	ADP
fsr-3806	162	2	+6	+6	ADJ
fsr-3806	162	3	-0.0012	-0.0012	NOUN
fsr-3806	162	4	-0.64	-0.64	NUM
fsr-3806	162	5	+7	+7	INTJ
fsr-3806	162	6	+0.0011	+0.0011	ADJ
fsr-3806	162	7	+2.15	+2.15	NOUN
fsr-3806	162	8	"	"	PUNCT
fsr-3806	162	9	*	*	PUNCT
fsr-3806	162	10	+8	+8	PROPN
fsr-3806	162	11	-0.0018	-0.0018	VERB
fsr-3806	162	12	-1.30	-1.30	VERB
fsr-3806	163	1	+9	+9	VERB
fsr-3806	163	2	+0.0001	+0.0001	X
fsr-3806	164	1	+0.70	+0.70	DET
fsr-3806	164	2	publication.date	publication.date	ADJ
fsr-3806	164	3	-0.0031	-0.0031	NOUN
fsr-3806	164	4	-2.43	-2.43	NOUN
fsr-3806	164	5	"	"	PUNCT
fsr-3806	164	6	*	*	PUNCT
fsr-3806	164	7	+	+	NUM
fsr-3806	164	8	11	11	NUM
fsr-3806	164	9	4).0001	4).0001	NUM
fsr-3806	165	1	+0.92	+0.92	PROPN
fsr-3806	165	2	+12	+12	PROPN
fsr-3806	165	3	-0.0017	-0.0017	X
fsr-3806	165	4	-2.16	-2.16	NUM
fsr-3806	165	5	"	"	PUNCT
fsr-3806	165	6	*	*	ADJ
fsr-3806	165	7	+13	+13	NUM
fsr-3806	165	8	-0.0014	-0.0014	NOUN
fsr-3806	165	9	-2.51	-2.51	PRON
fsr-3806	165	10	"	"	PUNCT
fsr-3806	165	11	*	*	PUNCT
fsr-3806	165	12	+14	+14	ADJ
fsr-3806	165	13	-0.0010	-0.0010	NOUN
fsr-3806	165	14	-1.37	-1.37	NOUN
fsr-3806	165	15	+	+	SYM
fsr-3806	165	16	15	15	NUM
fsr-3806	165	17	-0.0003	-0.0003	NOUN
fsr-3806	165	18	-0.74	-0.74	ADJ
fsr-3806	165	19	+16	+16	ADJ
fsr-3806	165	20	-0.0016	-0.0016	NOUN
fsr-3806	165	21	-1.63	-1.63	DET
fsr-3806	165	22	+17	+17	NUM
fsr-3806	165	23	-0.0001	-0.0001	NOUN
fsr-3806	165	24	-0.61	-0.61	NOUN
fsr-3806	165	25	+18	+18	ADJ
fsr-3806	165	26	+0.0004	+0.0004	PUNCT
fsr-3806	165	27	+0.11	+0.11	PROPN
fsr-3806	165	28	+19	+19	NOUN
fsr-3806	165	29	-0.0003	-0.0003	ADJ
fsr-3806	165	30	+0.64	+0.64	NUM
fsr-3806	165	31	+20	+20	PROPN
fsr-3806	165	32	-0.0018	-0.0018	NOUN
fsr-3806	165	33	-1.31	-1.31	NUM
fsr-3806	165	34	notes	note	VERB
fsr-3806	165	35	:	:	PUNCT
fsr-3806	165	36	"	"	PUNCT
fsr-3806	165	37	*	*	PUNCT
fsr-3806	165	38	*	*	PUNCT
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fsr-3806	165	40	at	at	ADP
fsr-3806	165	41	the	the	DET
fsr-3806	165	42	1	1	NUM
fsr-3806	165	43	%	%	NOUN
fsr-3806	165	44	level	level	NOUN
fsr-3806	165	45	;	;	PUNCT
fsr-3806	165	46	*	*	PUNCT
fsr-3806	165	47	*	*	PUNCT
fsr-3806	165	48	significant	significant	ADJ
fsr-3806	165	49	at	at	ADP
fsr-3806	165	50	the	the	DET
fsr-3806	165	51	5	5	NUM
fsr-3806	165	52	%	%	NOUN
fsr-3806	165	53	level	level	NOUN
fsr-3806	165	54	;	;	PUNCT
fsr-3806	165	55	*	*	PUNCT
fsr-3806	165	56	significant	significant	ADJ
fsr-3806	165	57	at	at	ADP
fsr-3806	165	58	the	the	DET
fsr-3806	165	59	10	10	NUM
fsr-3806	165	60	%	%	NOUN
fsr-3806	165	61	level	level	NOUN
fsr-3806	165	62	.	.	PUNCT
fsr-3806	166	1	mean	mean	VERB
fsr-3806	166	2	abnormal	abnormal	ADJ
fsr-3806	166	3	remrns(ars	remrns(ar	NOUN
fsr-3806	166	4	)	)	PUNCT
fsr-3806	166	5	for	for	ADP
fsr-3806	166	6	497	497	NUM
fsr-3806	166	7	nyse	nyse	PROPN
fsr-3806	166	8	/	/	SYM
fsr-3806	166	9	ami~	ami~	PART
fsr-3806	166	10	firms	firm	NOUN
fsr-3806	166	11	are	be	AUX
fsr-3806	166	12	repotted	repot	VERB
fsr-3806	166	13	from	from	ADP
fsr-3806	166	14	event	event	NOUN
fsr-3806	166	15	day	day	NOUN
fsr-3806	166	16	t	t	PROPN
fsr-3806	167	1	=	=	PUNCT
fsr-3806	167	2	-5	-5	ADJ
fsr-3806	167	3	to	to	PART
fsr-3806	167	4	t	t	NOUN
fsr-3806	167	5	=	=	SYM
fsr-3806	167	6	+20	+20	SYM
fsr-3806	167	7	.	.	PROPN
fsr-3806	167	8	abnormal	abnormal	ADJ
fsr-3806	167	9	are	be	AUX
fsr-3806	167	10	generated	generate	VERB
fsr-3806	167	11	by	by	ADP
fsr-3806	167	12	subtracting	subtract	VERB
fsr-3806	167	13	the	the	DET
fsr-3806	167	14	daily	daily	ADJ
fsr-3806	167	15	return	return	NOUN
fsr-3806	167	16	for	for	ADP
fsr-3806	167	17	the	the	DET
fsr-3806	167	18	market	market	NOUN
fsr-3806	167	19	from	from	ADP
fsr-3806	167	20	the	the	DET
fsr-3806	167	21	return	return	NOUN
fsr-3806	167	22	for	for	ADP
fsr-3806	167	23	the	the	DET
fsr-3806	167	24	individual	individual	ADJ
fsr-3806	167	25	firm	firm	NOUN
fsr-3806	167	26	.	.	PUNCT
fsr-3806	168	1	negative	negative	ADJ
fsr-3806	168	2	abnemml	abnemml	ADJ
fsr-3806	168	3	returns	return	NOUN
fsr-3806	168	4	defined	define	VERB
fsr-3806	168	5	in	in	ADP
fsr-3806	168	6	this	this	DET
fsr-3806	168	7	manner	manner	NOUN
fsr-3806	168	8	indicate	indicate	VERB
fsr-3806	168	9	positive	positive	ADJ
fsr-3806	168	10	almormal	almormal	ADJ
fsr-3806	168	11	retrain	retrain	NOUN
fsr-3806	168	12	to	to	ADP
fsr-3806	168	13	short	short	ADJ
fsr-3806	168	14	sellers	seller	NOUN
fsr-3806	168	15	,	,	PUNCT
fsr-3806	168	16	since	since	SCONJ
fsr-3806	168	17	they	they	PRON
fsr-3806	168	18	wofit	wofit	VERB
fsr-3806	168	19	from	from	ADP
fsr-3806	168	20	price	price	NOUN
fsr-3806	168	21	declines	decline	NOUN
fsr-3806	168	22	.	.	PUNCT
fsr-3806	169	1	our	our	PRON
fsr-3806	169	2	proxy	proxy	NOUN
fsr-3806	169	3	for	for	ADP
fsr-3806	169	4	the	the	DET
fsr-3806	169	5	market	market	NOUN
fsr-3806	169	6	t	t	PROPN
fsr-3806	169	7	~	~	PROPN
fsr-3806	169	8	m'n	m'n	PROPN
fsr-3806	169	9	is	be	AUX
fsr-3806	169	10	the	the	DET
fsr-3806	169	11	equally	equally	ADV
fsr-3806	169	12	-	-	PUNCT
fsr-3806	169	13	weighted	weight	VERB
fsr-3806	169	14	average	average	ADJ
fsr-3806	169	15	retta'n	retta'n	NOUN
fsr-3806	169	16	for	for	ADP
fsr-3806	169	17	all	all	DET
fsr-3806	169	18	finns	finn	NOUN
fsr-3806	169	19	in	in	ADP
fsr-3806	169	20	the	the	DET
fsr-3806	169	21	same	same	ADJ
fsr-3806	169	22	size	size	NOUN
fsr-3806	169	23	dacile	dacile	ADJ
fsr-3806	169	24	as	as	ADP
fsr-3806	169	25	the	the	DET
fsr-3806	169	26	firm	firm	NOUN
fsr-3806	169	27	in	in	ADP
fsr-3806	169	28	question	question	NOUN
fsr-3806	169	29	.	.	PUNCT
fsr-3806	170	1	deciles	decile	NOUN
fsr-3806	170	2	are	be	AUX
fsr-3806	170	3	ccex	ccex	VERB
fsr-3806	170	4	,	,	PUNCT
fsr-3806	170	5	qr	qr	NOUN
fsr-3806	170	6	~	~	PUNCT
fsr-3806	170	7	ed	ed	NOUN
fsr-3806	170	8	separately	separately	ADV
fsr-3806	170	9	for	for	ADP
fsr-3806	170	10	nasdaq	nasdaq	PROPN
fsr-3806	170	11	and	and	CCONJ
fsr-3806	170	12	nyse	nyse	PROPN
fsr-3806	170	13	/	/	SYM
fsr-3806	170	14	amex	amex	PROPN
fsr-3806	170	15	firms	firm	NOUN
fsr-3806	170	16	.	.	PUNCT
fsr-3806	171	1	mean	mean	VERB
fsr-3806	171	2	abnormal	abnormal	ADJ
fsr-3806	171	3	returns	return	NOUN
fsr-3806	171	4	(	(	PUNCT
fsr-3806	171	5	ars	ar	NOUN
fsr-3806	171	6	)	)	PUNCT
fsr-3806	171	7	for	for	ADP
fsr-3806	171	8	days	day	NOUN
fsr-3806	171	9	t	t	NOUN
fsr-3806	171	10	=	=	PUNCT
fsr-3806	171	11	-5	-5	ADJ
fsr-3806	171	12	to	to	PART
fsr-3806	171	13	t	t	NOUN
fsr-3806	171	14	=	=	PUNCT
fsr-3806	171	15	+20	+20	PROPN
fsr-3806	171	16	for	for	ADP
fsr-3806	171	17	the	the	DET
fsr-3806	171	18	nyse	nyse	PROPN
fsr-3806	171	19	/	/	SYM
fsr-3806	171	20	amex	amex	PROPN
fsr-3806	171	21	and	and	CCONJ
fsr-3806	171	22	nasdaq	nasdaq	PROPN
fsr-3806	171	23	samples	sample	NOUN
fsr-3806	171	24	are	be	AUX
fsr-3806	171	25	listed	list	VERB
fsr-3806	171	26	in	in	ADP
fsr-3806	171	27	tables	table	NOUN
fsr-3806	171	28	1	1	NUM
fsr-3806	171	29	and	and	CCONJ
fsr-3806	171	30	2	2	NUM
fsr-3806	171	31	,	,	PUNCT
fsr-3806	171	32	respectively	respectively	ADV
fsr-3806	171	33	.	.	PUNCT
fsr-3806	172	1	the	the	DET
fsr-3806	172	2	nyse	nyse	PROPN
fsr-3806	172	3	/	/	SYM
fsr-3806	172	4	amex	amex	PROPN
fsr-3806	172	5	stocks	stock	NOUN
fsr-3806	172	6	generate	generate	VERB
fsr-3806	172	7	significant	significant	ADJ
fsr-3806	172	8	positive	positive	ADJ
fsr-3806	172	9	excess	excess	ADJ
fsr-3806	172	10	returns	return	NOUN
fsr-3806	172	11	on	on	ADP
fsr-3806	172	12	t	t	PROPN
fsr-3806	172	13	=	=	PUNCT
fsr-3806	172	14	-3	-3	PROPN
fsr-3806	172	15	,	,	PUNCT
fsr-3806	172	16	-2	-2	INTJ
fsr-3806	172	17	-1	-1	INTJ
fsr-3806	172	18	,	,	PUNCT
fsr-3806	172	19	and	and	CCONJ
fsr-3806	172	20	+1	+1	X
fsr-3806	172	21	around	around	ADP
fsr-3806	172	22	the	the	DET
fsr-3806	172	23	compila	compila	PROPN
fsr-3806	172	24	tion	tion	NOUN
fsr-3806	172	25	date	date	NOUN
fsr-3806	172	26	.	.	PUNCT
fsr-3806	173	1	there	there	PRON
fsr-3806	173	2	are	be	VERB
fsr-3806	173	3	significant	significant	ADJ
fsr-3806	173	4	negative	negative	ADJ
fsr-3806	173	5	excess	excess	ADJ
fsr-3806	173	6	returns	return	NOUN
fsr-3806	173	7	on	on	ADP
fsr-3806	173	8	days	day	NOUN
fsr-3806	173	9	t	t	NOUN
fsr-3806	173	10	=	=	SYM
fsr-3806	173	11	+10	+10	NOUN
fsr-3806	173	12	(	(	PUNCT
fsr-3806	173	13	the	the	DET
fsr-3806	173	14	publication	publication	NOUN
fsr-3806	173	15	date	date	NOUN
fsr-3806	173	16	)	)	PUNCT
fsr-3806	173	17	,	,	PUNCT
fsr-3806	173	18	+12	+12	PRON
fsr-3806	173	19	and	and	CCONJ
fsr-3806	173	20	+13	+13	NUM
fsr-3806	173	21	.	.	PUNCT
fsr-3806	174	1	the	the	DET
fsr-3806	174	2	nasdaq	nasdaq	PROPN
fsr-3806	174	3	stocks	stock	NOUN
fsr-3806	174	4	experience	experience	VERB
fsr-3806	174	5	significant	significant	ADJ
fsr-3806	174	6	positive	positive	ADJ
fsr-3806	174	7	excess	excess	ADJ
fsr-3806	174	8	returns	return	NOUN
fsr-3806	174	9	short	short	ADJ
fsr-3806	174	10	sd//ng	sd//ng	PROPN
fsr-3806	174	11	and	and	CCONJ
fsr-3806	174	12	trad	trad	PROPN
fsr-3806	174	13	/	/	SYM
fsr-3806	174	14	ng	ng	PROPN
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fsr-3806	174	16	35	35	NUM
fsr-3806	174	17	table	table	NOUN
fsr-3806	174	18	2	2	NUM
fsr-3806	174	19	event	event	NOUN
fsr-3806	174	20	day	day	NOUN
fsr-3806	174	21	(	(	PUNCT
fsr-3806	174	22	0	0	NUM
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fsr-3806	174	28	+0.0066	+0.0066	X
fsr-3806	174	29	+5.00	+5.00	PROPN
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fsr-3806	174	31	*	*	PUNCT
fsr-3806	174	32	*	*	NOUN
fsr-3806	174	33	-4	-4	PUNCT
fsr-3806	174	34	+0.0047	+0.0047	PRON
fsr-3806	175	1	+3.36	+3.36	PROPN
fsr-3806	175	2	*	*	PUNCT
fsr-3806	175	3	*	*	PUNCT
fsr-3806	175	4	*	*	PUNCT
fsr-3806	175	5	-3	-3	PUNCT
fsr-3806	175	6	+0.0063	+0.0063	X
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fsr-3806	175	9	*	*	PUNCT
fsr-3806	175	10	*	*	PUNCT
fsr-3806	175	11	-2	-2	NOUN
fsr-3806	175	12	+0.0037	+0.0037	X
fsr-3806	175	13	+3.51	+3.51	PROPN
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fsr-3806	175	16	*	*	PUNCT
fsr-3806	175	17	-1	-1	NOUN
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fsr-3806	176	4	*	*	PUNCT
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fsr-3806	176	6	date	date	NOUN
fsr-3806	176	7	+0.0113	+0.0113	NOUN
fsr-3806	177	1	+7.41	+7.41	X
fsr-3806	177	2	+	+	CCONJ
fsr-3806	177	3	1	1	NUM
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fsr-3806	177	6	*	*	PUNCT
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fsr-3806	177	9	+2	+2	PRON
fsr-3806	177	10	+0.0014	+0.0014	X
fsr-3806	178	1	+0.36	+0.36	PROPN
fsr-3806	178	2	+3	+3	PROPN
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fsr-3806	178	4	-0.57	-0.57	NOUN
fsr-3806	178	5	+4	+4	NUM
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fsr-3806	178	7	+1.72	+1.72	PROPN
fsr-3806	178	8	"	"	PUNCT
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fsr-3806	178	10	*	*	PUNCT
fsr-3806	178	11	+5	+5	NOUN
fsr-3806	178	12	+0.0010	+0.0010	NOUN
fsr-3806	178	13	+0.54	+0.54	X
fsr-3806	178	14	+6	+6	PROPN
fsr-3806	178	15	,	,	PUNCT
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fsr-3806	178	17	1.42	1.42	NUM
fsr-3806	178	18	+7	+7	NOUN
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fsr-3806	178	20	+	+	ADP
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fsr-3806	178	24	+8	+8	PROPN
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fsr-3806	179	1	+9	+9	NUM
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fsr-3806	179	4	"	"	PUNCT
fsr-3806	179	5	*	*	PUNCT
fsr-3806	180	1	+	+	NUM
fsr-3806	180	2	10	10	NUM
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fsr-3806	180	4	+	+	NUM
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fsr-3806	180	6	"	"	PUNCT
fsr-3806	180	7	+11	+11	PROPN
fsr-3806	180	8	+0.0001	+0.0001	X
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fsr-3806	180	10	+	+	NOUN
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fsr-3806	180	14	"	"	PUNCT
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fsr-3806	180	16	*	*	NOUN
fsr-3806	180	17	publication	publication	NOUN
fsr-3806	180	18	date	date	NOUN
fsr-3806	180	19	+0.0004	+0.0004	X
fsr-3806	180	20	1.74	1.74	NUM
fsr-3806	180	21	"	"	PUNCT
fsr-3806	180	22	+14	+14	NOUN
fsr-3806	180	23	-0.0044	-0.0044	PUNCT
fsr-3806	181	1	--4.65	--4.65	PROPN
fsr-3806	181	2	*	*	PUNCT
fsr-3806	181	3	*	*	PUNCT
fsr-3806	181	4	*	*	PUNCT
fsr-3806	182	1	+15	+15	INTJ
fsr-3806	182	2	,	,	PUNCT
fsr-3806	182	3	0.0017	0.0017	NUM
fsr-3806	182	4	-2.25	-2.25	NOUN
fsr-3806	182	5	*	*	NOUN
fsr-3806	182	6	*	*	PUNCT
fsr-3806	182	7	+16	+16	ADJ
fsr-3806	182	8	+0.0011	+0.0011	ADJ
fsr-3806	182	9	+1.87	+1.87	PROPN
fsr-3806	182	10	"	"	PUNCT
fsr-3806	182	11	+17	+17	NUM
fsr-3806	182	12	-0.0007	-0.0007	NOUN
fsr-3806	182	13	-1.07	-1.07	NOUN
fsr-3806	183	1	+	+	CCONJ
fsr-3806	183	2	18	18	NUM
fsr-3806	183	3	+0.0003	+0.0003	NUM
fsr-3806	183	4	+	+	CCONJ
fsr-3806	183	5	1.03	1.03	NUM
fsr-3806	183	6	+19	+19	NOUN
fsr-3806	183	7	-0.0001	-0.0001	NOUN
fsr-3806	184	1	-0.48	-0.48	NUM
fsr-3806	184	2	+20	+20	NUM
fsr-3806	184	3	-0.0031	-0.0031	NOUN
fsr-3806	184	4	-3.64	-3.64	NUM
fsr-3806	184	5	*	*	NOUN
fsr-3806	184	6	*	*	PUNCT
fsr-3806	184	7	*	*	NOUN
fsr-3806	184	8	notes	note	NOUN
fsr-3806	184	9	:	:	PUNCT
fsr-3806	184	10	*	*	PUNCT
fsr-3806	184	11	*	*	PUNCT
fsr-3806	184	12	*	*	PUNCT
fsr-3806	184	13	significant	significant	ADJ
fsr-3806	184	14	at	at	ADP
fsr-3806	184	15	the	the	DET
fsr-3806	184	16	1	1	NUM
fsr-3806	184	17	%	%	NOUN
fsr-3806	184	18	level	level	NOUN
fsr-3806	184	19	;	;	PUNCT
fsr-3806	184	20	*	*	PUNCT
fsr-3806	184	21	*	*	PUNCT
fsr-3806	184	22	significant	significant	ADJ
fsr-3806	184	23	at	at	ADP
fsr-3806	184	24	the	the	DET
fsr-3806	184	25	5	5	NUM
fsr-3806	184	26	%	%	NOUN
fsr-3806	184	27	level	level	NOUN
fsr-3806	184	28	;	;	PUNCT
fsr-3806	184	29	*	*	PUNCT
fsr-3806	184	30	significant	significant	ADJ
fsr-3806	184	31	at	at	ADP
fsr-3806	184	32	the	the	DET
fsr-3806	184	33	10	10	NUM
fsr-3806	184	34	%	%	NOUN
fsr-3806	184	35	level	level	NOUN
fsr-3806	184	36	.	.	PUNCT
fsr-3806	185	1	mean	mean	VERB
fsr-3806	185	2	almormal	almormal	ADJ
fsr-3806	185	3	returns(ars	returns(ar	NOUN
fsr-3806	185	4	)	)	PUNCT
fsr-3806	185	5	for	for	SCONJ
fsr-3806	185	6	531	531	NUM
fsr-3806	185	7	nasdaq	nasdaq	NOUN
fsr-3806	185	8	firms	firm	NOUN
fsr-3806	185	9	are	be	AUX
fsr-3806	185	10	repotled	repotle	VERB
fsr-3806	185	11	from	from	ADP
fsr-3806	185	12	event	event	NOUN
fsr-3806	185	13	day	day	NOUN
fsr-3806	185	14	t=	t=	PRON
fsr-3806	185	15	-5	-5	PUNCT
fsr-3806	186	1	tot=	tot=	NOUN
fsr-3806	186	2	+20	+20	PROPN
fsr-3806	186	3	.	.	PUNCT
fsr-3806	187	1	abnormal	abnormal	ADJ
fsr-3806	187	2	returns	return	NOUN
fsr-3806	187	3	are	be	AUX
fsr-3806	187	4	generated	generate	VERB
fsr-3806	187	5	by	by	ADP
fsr-3806	187	6	subtracting	subtract	VERB
fsr-3806	187	7	the	the	DET
fsr-3806	187	8	daily	daily	ADJ
fsr-3806	187	9	return	return	NOUN
fsr-3806	187	10	for	for	ADP
fsr-3806	187	11	the	the	DET
fsr-3806	187	12	market	market	NOUN
fsr-3806	187	13	from	from	ADP
fsr-3806	187	14	the	the	DET
fsr-3806	187	15	return	return	NOUN
fsr-3806	187	16	for	for	ADP
fsr-3806	187	17	the	the	DET
fsr-3806	187	18	individual	individual	ADJ
fsr-3806	187	19	firm	firm	NOUN
fsr-3806	187	20	.	.	PUNCT
fsr-3806	188	1	negative	negative	ADJ
fsr-3806	188	2	abnormal	abnormal	ADJ
fsr-3806	188	3	returns	return	NOUN
fsr-3806	188	4	defined	define	VERB
fsr-3806	188	5	in	in	ADP
fsr-3806	188	6	this	this	DET
fsr-3806	188	7	manner	manner	NOUN
fsr-3806	188	8	indicate	indicate	VERB
fsr-3806	188	9	positive	positive	ADJ
fsr-3806	188	10	abnormal	abnormal	ADJ
fsr-3806	188	11	returns	return	NOUN
fsr-3806	188	12	to	to	ADP
fsr-3806	188	13	short	short	ADJ
fsr-3806	188	14	sellers	seller	NOUN
fsr-3806	188	15	,	,	PUNCT
fsr-3806	188	16	since	since	SCONJ
fsr-3806	188	17	they	they	PRON
fsr-3806	188	18	profit	profit	VERB
fsr-3806	188	19	from	from	ADP
fsr-3806	188	20	wice	wice	PROPN
fsr-3806	188	21	declines	decline	VERB
fsr-3806	188	22	.	.	PUNCT
fsr-3806	189	1	our	our	PRON
fsr-3806	189	2	proxy	proxy	NOUN
fsr-3806	189	3	for	for	ADP
fsr-3806	189	4	the	the	DET
fsr-3806	189	5	market	market	NOUN
fsr-3806	189	6	retom	retom	NOUN
fsr-3806	189	7	is	be	AUX
fsr-3806	189	8	the	the	DET
fsr-3806	189	9	~lually	~lually	ADV
fsr-3806	189	10	-	-	PUNCT
fsr-3806	189	11	weigined	weigine	VERB
fsr-3806	189	12	average	average	ADJ
fsr-3806	189	13	return	return	NOUN
fsr-3806	189	14	for	for	ADP
fsr-3806	189	15	all	all	DET
fsr-3806	189	16	firms	firm	NOUN
fsr-3806	189	17	in	in	ADP
fsr-3806	189	18	the	the	DET
fsr-3806	189	19	same	same	ADJ
fsr-3806	189	20	size	size	NOUN
fsr-3806	189	21	decile	decile	NOUN
fsr-3806	189	22	as	as	ADP
fsr-3806	189	23	the	the	DET
fsr-3806	189	24	firm	firm	NOUN
fsr-3806	189	25	in	in	ADP
fsr-3806	189	26	question	question	NOUN
fsr-3806	189	27	.	.	PUNCT
fsr-3806	190	1	decries	decry	VERB
fsr-3806	190	2	axe	axe	INTJ
fsr-3806	190	3	conm	conm	VERB
fsr-3806	190	4	~	~	NUM
fsr-3806	190	5	cted	cte	VERB
fsr-3806	190	6	separately	separately	ADV
fsr-3806	190	7	for	for	ADP
fsr-3806	190	8	nasdaq	nasdaq	PROPN
fsr-3806	190	9	and	and	CCONJ
fsr-3806	190	10	nyse	nyse	PROPN
fsr-3806	190	11	/	/	SYM
fsr-3806	190	12	amex	amex	PROPN
fsr-3806	190	13	firms	firm	NOUN
fsr-3806	190	14	.	.	PUNCT
fsr-3806	191	1	on	on	ADP
fsr-3806	191	2	days	day	NOUN
fsr-3806	191	3	t	t	NOUN
fsr-3806	191	4	=	=	PUNCT
fsr-3806	191	5	-5	-5	VERB
fsr-3806	191	6	through	through	ADP
fsr-3806	191	7	+1	+1	PROPN
fsr-3806	191	8	around	around	ADP
fsr-3806	191	9	the	the	DET
fsr-3806	191	10	compilation	compilation	NOUN
fsr-3806	191	11	date	date	NOUN
fsr-3806	191	12	,	,	PUNCT
fsr-3806	191	13	and	and	CCONJ
fsr-3806	191	14	significant	significant	ADJ
fsr-3806	191	15	negative	negative	ADJ
fsr-3806	191	16	excess	excess	ADJ
fsr-3806	191	17	returns	return	NOUN
fsr-3806	191	18	on	on	ADP
fsr-3806	191	19	days	day	NOUN
fsr-3806	191	20	t	t	NOUN
fsr-3806	191	21	=	=	SYM
fsr-3806	191	22	+12	+12	PROPN
fsr-3806	191	23	,	,	PUNCT
fsr-3806	191	24	+13	+13	NUM
fsr-3806	191	25	(	(	PUNCT
fsr-3806	191	26	the	the	DET
fsr-3806	191	27	publication	publication	NOUN
fsr-3806	191	28	date	date	NOUN
fsr-3806	191	29	)	)	PUNCT
fsr-3806	191	30	,	,	PUNCT
fsr-3806	191	31	+14	+14	NOUN
fsr-3806	191	32	and	and	CCONJ
fsr-3806	191	33	+15	+15	ADJ
fsr-3806	191	34	.	.	PUNCT
fsr-3806	192	1	excess	excess	ADJ
fsr-3806	192	2	returns	return	NOUN
fsr-3806	192	3	over	over	ADP
fsr-3806	192	4	several	several	ADJ
fsr-3806	192	5	intervals	interval	NOUN
fsr-3806	192	6	are	be	AUX
fsr-3806	192	7	presented	present	VERB
fsr-3806	192	8	in	in	ADP
fsr-3806	192	9	table	table	NOUN
fsr-3806	192	10	3	3	NUM
fsr-3806	192	11	,	,	PUNCT
fsr-3806	192	12	panels	panel	VERB
fsr-3806	192	13	a	a	PRON
fsr-3806	192	14	and	and	CCONJ
fsr-3806	192	15	b	b	NOUN
fsr-3806	192	16	,	,	PUNCT
fsr-3806	192	17	for	for	ADP
fsr-3806	192	18	the	the	DET
fsr-3806	192	19	nyse	nyse	PROPN
fsr-3806	192	20	/	/	SYM
fsr-3806	192	21	amex	amex	PROPN
fsr-3806	192	22	and	and	CCONJ
fsr-3806	192	23	nasdaq	nasdaq	PROPN
fsr-3806	192	24	samples	sample	NOUN
fsr-3806	192	25	,	,	PUNCT
fsr-3806	192	26	respectively	respectively	ADV
fsr-3806	192	27	.	.	PUNCT
fsr-3806	193	1	the	the	DET
fsr-3806	193	2	intervals	interval	NOUN
fsr-3806	193	3	are	be	AUX
fsr-3806	193	4	defined	define	VERB
fsr-3806	193	5	in	in	ADP
fsr-3806	193	6	figure	figure	NOUN
fsr-3806	193	7	1	1	NUM
fsr-3806	193	8	.	.	PUNCT
fsr-3806	194	1	the	the	DET
fsr-3806	194	2	results	result	NOUN
fsr-3806	194	3	confirm	confirm	VERB
fsr-3806	194	4	the	the	DET
fsr-3806	194	5	evidence	evidence	NOUN
fsr-3806	194	6	in	in	ADP
fsr-3806	194	7	figure	figure	NOUN
fsr-3806	194	8	2	2	NUM
fsr-3806	194	9	and	and	CCONJ
fsr-3806	194	10	table	table	NOUN
fsr-3806	194	11	2	2	NUM
fsr-3806	194	12	that	that	SCONJ
fsr-3806	194	13	short	short	ADJ
fsr-3806	194	14	sellers	seller	NOUN
fsr-3806	194	15	tend	tend	VERB
fsr-3806	194	16	to	to	PART
fsr-3806	194	17	sell	sell	VERB
fsr-3806	194	18	into	into	ADP
fsr-3806	194	19	36	36	NUM
fsr-3806	194	20	financial	financial	ADJ
fsr-3806	194	21	services	service	NOUN
fsr-3806	194	22	review	review	VERB
fsr-3806	194	23	6(1	6(1	NUM
fsr-3806	194	24	)	)	PUNCT
fsr-3806	194	25	1997	1997	NUM
fsr-3806	194	26	table	table	NOUN
fsr-3806	194	27	3a	3a	NUM
fsr-3806	194	28	mean	mean	VERB
fsr-3806	194	29	cumulative	cumulative	ADJ
fsr-3806	194	30	abnormal	abnormal	ADJ
fsr-3806	194	31	returns	return	NOUN
fsr-3806	194	32	(	(	PUNCT
fsr-3806	194	33	cars	car	NOUN
fsr-3806	194	34	)	)	PUNCT
fsr-3806	194	35	for	for	ADP
fsr-3806	194	36	497	497	NUM
fsr-3806	194	37	nyse	nyse	PROPN
fsr-3806	194	38	/	/	SYM
fsr-3806	194	39	amex	amex	PROPN
fsr-3806	194	40	firms	firm	NOUN
fsr-3806	194	41	are	be	AUX
fsr-3806	194	42	reported	report	VERB
fsr-3806	194	43	for	for	ADP
fsr-3806	194	44	selected	select	VERB
fsr-3806	194	45	intervals	interval	NOUN
fsr-3806	194	46	.	.	PUNCT
fsr-3806	195	1	interval	interval	NOUN
fsr-3806	195	2	event	event	NOUN
fsr-3806	195	3	intervals	interval	NOUN
fsr-3806	195	4	(	(	PUNCT
fsr-3806	195	5	inclusive	inclusive	ADJ
fsr-3806	195	6	)	)	PUNCT
fsr-3806	195	7	car	car	NOUN
fsr-3806	195	8	z	z	NOUN
fsr-3806	195	9	-	-	PUNCT
fsr-3806	195	10	statistic	statistic	ADJ
fsr-3806	195	11	pre	pre	NOUN
fsr-3806	195	12	-	-	NOUN
fsr-3806	195	13	compilation	compilation	ADJ
fsr-3806	195	14	(	(	PUNCT
fsr-3806	195	15	-20,0	-20,0	NOUN
fsr-3806	195	16	)	)	PUNCT
fsr-3806	195	17	+0.0320	+0.0320	X
fsr-3806	196	1	+6.92	+6.92	PROPN
fsr-3806	196	2	"	"	PUNCT
fsr-3806	196	3	*	*	NOUN
fsr-3806	196	4	*	*	NOUN
fsr-3806	196	5	interim	interim	ADJ
fsr-3806	196	6	(	(	PUNCT
fsr-3806	196	7	+1,+9	+1,+9	NUM
fsr-3806	196	8	)	)	PUNCT
fsr-3806	196	9	-0.0041	-0.0041	NOUN
fsr-3806	196	10	-0.10	-0.10	NUM
fsr-3806	196	11	post	post	NOUN
fsr-3806	196	12	-	-	NOUN
fsr-3806	196	13	publication	publication	NOUN
fsr-3806	196	14	(	(	PUNCT
fsr-3806	196	15	+	+	CCONJ
fsr-3806	196	16	i	i	PRON
fsr-3806	196	17	0,+30	0,+30	NUM
fsr-3806	196	18	)	)	PUNCT
fsr-3806	197	1	-0.0174	-0.0174	PUNCT
fsr-3806	197	2	-3.29	-3.29	NOUN
fsr-3806	198	1	"	"	PUNCT
fsr-3806	198	2	*	*	NOUN
fsr-3806	198	3	*	*	PUNCT
fsr-3806	198	4	post	post	ADJ
fsr-3806	198	5	-	-	NOUN
fsr-3806	198	6	compilation	compilation	ADJ
fsr-3806	198	7	(	(	PUNCT
fsr-3806	198	8	+	+	NOUN
fsr-3806	198	9	1,+30	1,+30	NUM
fsr-3806	198	10	)	)	PUNCT
fsr-3806	198	11	-0.0215	-0.0215	PUNCT
fsr-3806	199	1	-3.29	-3.29	PROPN
fsr-3806	199	2	°	°	PROPN
fsr-3806	199	3	*	*	NOUN
fsr-3806	199	4	*	*	NOUN
fsr-3806	199	5	notes	note	NOUN
fsr-3806	199	6	:	:	PUNCT
fsr-3806	199	7	*	*	PUNCT
fsr-3806	199	8	"	"	PUNCT
fsr-3806	199	9	significant	significant	ADJ
fsr-3806	199	10	at	at	ADP
fsr-3806	199	11	the	the	DET
fsr-3806	199	12	!	!	PUNCT
fsr-3806	199	13	%	%	NOUN
fsr-3806	199	14	level	level	NOUN
fsr-3806	199	15	;	;	PUNCT
fsr-3806	199	16	*	*	PUNCT
fsr-3806	199	17	"	"	PUNCT
fsr-3806	199	18	significant	significant	ADJ
fsr-3806	199	19	at	at	ADP
fsr-3806	199	20	the	the	DET
fsr-3806	199	21	5	5	NUM
fsr-3806	199	22	%	%	NOUN
fsr-3806	199	23	level	level	NOUN
fsr-3806	199	24	;	;	PUNCT
fsr-3806	199	25	*	*	PUNCT
fsr-3806	199	26	significant	significant	ADJ
fsr-3806	199	27	at	at	ADP
fsr-3806	199	28	the	the	DET
fsr-3806	199	29	10	10	NUM
fsr-3806	199	30	%	%	NOUN
fsr-3806	199	31	level	level	NOUN
fsr-3806	199	32	.	.	PUNCT
fsr-3806	200	1	almonnal	almonnal	ADJ
fsr-3806	200	2	returns	return	NOUN
fsr-3806	200	3	are	be	AUX
fsr-3806	200	4	generated	generate	VERB
fsr-3806	200	5	by	by	ADP
fsr-3806	200	6	subtracting	subtract	VERB
fsr-3806	200	7	the	the	DET
fsr-3806	200	8	daily	daily	ADJ
fsr-3806	200	9	return	return	NOUN
fsr-3806	200	10	for	for	ADP
fsr-3806	200	11	the	the	DET
fsr-3806	200	12	market	market	NOUN
fsr-3806	200	13	frvm	frvm	NOUN
fsr-3806	200	14	the	the	DET
fsr-3806	200	15	return	return	NOUN
fsr-3806	200	16	for	for	ADP
fsr-3806	200	17	the	the	DET
fsr-3806	200	18	individual	individual	ADJ
fsr-3806	200	19	firm	firm	NOUN
fsr-3806	200	20	.	.	PUNCT
fsr-3806	201	1	negative	negative	ADJ
fsr-3806	201	2	almofmal	almofmal	ADJ
fsr-3806	201	3	returns	return	NOUN
fsr-3806	201	4	defined	define	VERB
fsr-3806	201	5	in	in	ADP
fsr-3806	201	6	this	this	DET
fsr-3806	201	7	marmex	marmex	NOUN
fsr-3806	201	8	indicate	indicate	VERB
fsr-3806	201	9	positive	positive	ADJ
fsr-3806	201	10	abnormal	abnormal	ADJ
fsr-3806	201	11	returns	return	NOUN
fsr-3806	201	12	to	to	ADP
fsr-3806	201	13	short	short	ADJ
fsr-3806	201	14	sellers	seller	NOUN
fsr-3806	201	15	,	,	PUNCT
fsr-3806	201	16	since	since	SCONJ
fsr-3806	201	17	they	they	PRON
fsr-3806	201	18	profit	profit	VERB
fsr-3806	201	19	from	from	ADP
fsr-3806	201	20	wice	wice	PROPN
fsr-3806	201	21	declines	decline	VERB
fsr-3806	201	22	.	.	PUNCT
fsr-3806	202	1	our	our	PRON
fsr-3806	202	2	proxy	proxy	NOUN
fsr-3806	202	3	for	for	ADP
fsr-3806	202	4	the	the	DET
fsr-3806	202	5	market	market	NOUN
fsr-3806	202	6	return	return	NOUN
fsr-3806	202	7	is	be	AUX
fsr-3806	202	8	the	the	DET
fsr-3806	202	9	equally	equally	ADV
fsr-3806	202	10	-	-	PUNCT
fsr-3806	202	11	weighted	weight	VERB
fsr-3806	202	12	average	average	ADJ
fsr-3806	202	13	return	return	NOUN
fsr-3806	202	14	for	for	ADP
fsr-3806	202	15	all	all	DET
fsr-3806	202	16	finns	finn	NOUN
fsr-3806	202	17	in	in	ADP
fsr-3806	202	18	the	the	DET
fsr-3806	202	19	same	same	ADJ
fsr-3806	202	20	size	size	NOUN
fsr-3806	202	21	decile	decile	NOUN
fsr-3806	202	22	as	as	ADP
fsr-3806	202	23	the	the	DET
fsr-3806	202	24	firm	firm	NOUN
fsr-3806	202	25	in	in	ADP
fsr-3806	202	26	question	question	NOUN
fsr-3806	202	27	.	.	PUNCT
fsr-3806	203	1	deciles	decile	NOUN
fsr-3806	203	2	are	be	AUX
fsr-3806	203	3	constructed	construct	VERB
fsr-3806	203	4	sepm	sepm	NOUN
fsr-3806	203	5	-	-	PUNCT
fsr-3806	203	6	ately	ately	ADV
fsr-3806	203	7	for	for	ADP
fsr-3806	203	8	nasdaq	nasdaq	PROPN
fsr-3806	203	9	and	and	CCONJ
fsr-3806	203	10	nyse	nyse	PROPN
fsr-3806	203	11	/	/	SYM
fsr-3806	203	12	amex	amex	PROPN
fsr-3806	203	13	firms	firm	NOUN
fsr-3806	203	14	.	.	PUNCT
fsr-3806	204	1	table	table	NOUN
fsr-3806	204	2	3b	3b	NOUN
fsr-3806	204	3	mean	mean	VERB
fsr-3806	204	4	cumulative	cumulative	ADJ
fsr-3806	204	5	abnormal	abnormal	ADJ
fsr-3806	204	6	returns	return	NOUN
fsr-3806	204	7	(	(	PUNCT
fsr-3806	204	8	cars	car	NOUN
fsr-3806	204	9	)	)	PUNCT
fsr-3806	204	10	of	of	ADP
fsr-3806	204	11	531	531	NUM
fsr-3806	204	12	nasdaq	nasdaq	NOUN
fsr-3806	204	13	ftrms	ftrm	NOUN
fsr-3806	204	14	are	be	AUX
fsr-3806	204	15	reported	report	VERB
fsr-3806	204	16	for	for	ADP
fsr-3806	204	17	selected	select	VERB
fsr-3806	204	18	intervals	interval	NOUN
fsr-3806	204	19	.	.	PUNCT
fsr-3806	205	1	interval	interval	NOUN
fsr-3806	205	2	event	event	NOUN
fsr-3806	205	3	intervals	interval	NOUN
fsr-3806	205	4	(	(	PUNCT
fsr-3806	205	5	inclusive	inclusive	ADJ
fsr-3806	205	6	)	)	PUNCT
fsr-3806	205	7	car	car	NOUN
fsr-3806	205	8	z	z	NOUN
fsr-3806	205	9	-	-	PUNCT
fsr-3806	205	10	statistic	statistic	ADJ
fsr-3806	205	11	pre	pre	NOUN
fsr-3806	205	12	-	-	NOUN
fsr-3806	205	13	compilation	compilation	ADJ
fsr-3806	205	14	(	(	PUNCT
fsr-3806	205	15	-20,0	-20,0	NOUN
fsr-3806	205	16	)	)	PUNCT
fsr-3806	205	17	+0.0408	+0.0408	X
fsr-3806	206	1	+5.74	+5.74	VERB
fsr-3806	206	2	"	"	PUNCT
fsr-3806	206	3	*	*	ADJ
fsr-3806	206	4	*	*	NOUN
fsr-3806	206	5	interim	interim	ADJ
fsr-3806	206	6	(	(	PUNCT
fsr-3806	206	7	+1,+12	+1,+12	NOUN
fsr-3806	206	8	)	)	PUNCT
fsr-3806	206	9	+0.0063	+0.0063	X
fsr-3806	206	10	-0.09	-0.09	NUM
fsr-3806	206	11	post	post	NOUN
fsr-3806	206	12	-	-	NOUN
fsr-3806	206	13	publication	publication	NOUN
fsr-3806	206	14	(	(	PUNCT
fsr-3806	206	15	+	+	NUM
fsr-3806	206	16	13,+30	13,+30	NOUN
fsr-3806	206	17	)	)	PUNCT
fsr-3806	206	18	-0.0092	-0.0092	VERB
fsr-3806	207	1	-2.9	-2.9	PROPN
fsr-3806	208	1	i	i	PRON
fsr-3806	208	2	*	*	PROPN
fsr-3806	208	3	*	*	PUNCT
fsr-3806	208	4	post	post	ADJ
fsr-3806	208	5	-	-	NOUN
fsr-3806	208	6	compilation	compilation	ADJ
fsr-3806	208	7	(	(	PUNCT
fsr-3806	208	8	+	+	NOUN
fsr-3806	208	9	1	1	NUM
fsr-3806	208	10	+	+	NUM
fsr-3806	208	11	30	30	NUM
fsr-3806	208	12	)	)	PUNCT
fsr-3806	208	13	-0.0028	-0.0028	NOUN
fsr-3806	208	14	-2.31	-2.31	NOUN
fsr-3806	208	15	"	"	PUNCT
fsr-3806	208	16	*	*	PUNCT
fsr-3806	208	17	notes	note	VERB
fsr-3806	208	18	:	:	PUNCT
fsr-3806	208	19	*	*	PUNCT
fsr-3806	208	20	*	*	PUNCT
fsr-3806	208	21	'	'	PUNCT
fsr-3806	208	22	significant	significant	ADJ
fsr-3806	208	23	at	at	ADP
fsr-3806	208	24	the	the	DET
fsr-3806	208	25	1	1	NUM
fsr-3806	208	26	%	%	NOUN
fsr-3806	208	27	level	level	NOUN
fsr-3806	208	28	;	;	PUNCT
fsr-3806	208	29	*	*	PUNCT
fsr-3806	208	30	*	*	PUNCT
fsr-3806	208	31	significant	significant	ADJ
fsr-3806	208	32	at	at	ADP
fsr-3806	208	33	the	the	DET
fsr-3806	208	34	5	5	NUM
fsr-3806	208	35	%	%	NOUN
fsr-3806	208	36	level	level	NOUN
fsr-3806	208	37	;	;	PUNCT
fsr-3806	208	38	*	*	PUNCT
fsr-3806	208	39	significant	significant	ADJ
fsr-3806	208	40	at	at	ADP
fsr-3806	208	41	the	the	DET
fsr-3806	208	42	10	10	NUM
fsr-3806	208	43	%	%	NOUN
fsr-3806	208	44	level	level	NOUN
fsr-3806	208	45	.	.	PUNCT
fsr-3806	209	1	abnormal	abnormal	ADJ
fsr-3806	209	2	returns	return	NOUN
fsr-3806	209	3	are	be	AUX
fsr-3806	209	4	generated	generate	VERB
fsr-3806	209	5	by	by	ADP
fsr-3806	209	6	subffacfing	subffacfe	VERB
fsr-3806	209	7	the	the	DET
fsr-3806	209	8	daily	daily	ADJ
fsr-3806	209	9	return	return	NOUN
fsr-3806	209	10	for	for	ADP
fsr-3806	209	11	the	the	DET
fsr-3806	209	12	market	market	NOUN
fsr-3806	209	13	from	from	ADP
fsr-3806	209	14	the	the	DET
fsr-3806	209	15	return	return	NOUN
fsr-3806	209	16	for	for	ADP
fsr-3806	209	17	the	the	DET
fsr-3806	209	18	individual	individual	ADJ
fsr-3806	209	19	firm	firm	NOUN
fsr-3806	209	20	.	.	PUNCT
fsr-3806	210	1	negative	negative	ADJ
fsr-3806	210	2	abnormal	abnormal	ADJ
fsr-3806	210	3	returns	return	NOUN
fsr-3806	210	4	defined	define	VERB
fsr-3806	210	5	in	in	ADP
fsr-3806	210	6	this	this	DET
fsr-3806	210	7	manner	manner	NOUN
fsr-3806	210	8	indicate	indicate	VERB
fsr-3806	210	9	positive	positive	ADJ
fsr-3806	210	10	abnormal	abnormal	ADJ
fsr-3806	210	11	returns	return	NOUN
fsr-3806	210	12	to	to	ADP
fsr-3806	210	13	short	short	ADJ
fsr-3806	210	14	sellers	seller	NOUN
fsr-3806	210	15	,	,	PUNCT
fsr-3806	210	16	since	since	SCONJ
fsr-3806	210	17	they	they	PRON
fsr-3806	210	18	wofit	wofit	VERB
fsr-3806	210	19	from	from	ADP
fsr-3806	210	20	price	price	NOUN
fsr-3806	210	21	declines	decline	NOUN
fsr-3806	210	22	.	.	PUNCT
fsr-3806	211	1	our	our	PRON
fsr-3806	211	2	proxy	proxy	NOUN
fsr-3806	211	3	for	for	ADP
fsr-3806	211	4	the	the	DET
fsr-3806	211	5	market	market	NOUN
fsr-3806	211	6	return	return	NOUN
fsr-3806	211	7	is	be	AUX
fsr-3806	211	8	the	the	DET
fsr-3806	211	9	equally	equally	ADV
fsr-3806	211	10	-	-	PUNCT
fsr-3806	211	11	weighted	weight	VERB
fsr-3806	211	12	average	average	ADJ
fsr-3806	211	13	retarn	retarn	NOUN
fsr-3806	211	14	for	for	ADP
fsr-3806	211	15	all	all	DET
fsr-3806	211	16	firms	firm	NOUN
fsr-3806	211	17	in	in	ADP
fsr-3806	211	18	the	the	DET
fsr-3806	211	19	same	same	ADJ
fsr-3806	211	20	size	size	NOUN
fsr-3806	211	21	decile	decile	NOUN
fsr-3806	211	22	as	as	ADP
fsr-3806	211	23	the	the	DET
fsr-3806	211	24	firm	firm	NOUN
fsr-3806	211	25	in	in	ADP
fsr-3806	211	26	question	question	NOUN
fsr-3806	211	27	.	.	PUNCT
fsr-3806	212	1	decries	decrie	NOUN
fsr-3806	212	2	are	be	AUX
fsr-3806	212	3	conslrucmd	conslrucmd	ADJ
fsr-3806	212	4	separately	separately	ADV
fsr-3806	212	5	for	for	ADP
fsr-3806	212	6	nasdaq	nasdaq	PROPN
fsr-3806	212	7	and	and	CCONJ
fsr-3806	212	8	nyse	nyse	PROPN
fsr-3806	212	9	/	/	SYM
fsr-3806	212	10	amex	amex	PROPN
fsr-3806	212	11	firms	firm	NOUN
fsr-3806	212	12	.	.	PUNCT
fsr-3806	213	1	rising	rise	VERB
fsr-3806	213	2	markets	market	NOUN
fsr-3806	213	3	.	.	PUNCT
fsr-3806	214	1	mcars	mcar	NOUN
fsr-3806	214	2	in	in	ADP
fsr-3806	214	3	the	the	DET
fsr-3806	214	4	pre	pre	ADJ
fsr-3806	214	5	-	-	ADJ
fsr-3806	214	6	compilation	compilation	ADJ
fsr-3806	214	7	interval	interval	NOUN
fsr-3806	214	8	are	be	AUX
fsr-3806	214	9	significantly	significantly	ADV
fsr-3806	214	10	positive	positive	ADJ
fsr-3806	214	11	in	in	ADP
fsr-3806	214	12	the	the	DET
fsr-3806	214	13	nyse	nyse	PROPN
fsr-3806	214	14	/	/	SYM
fsr-3806	214	15	amex	amex	PROPN
fsr-3806	214	16	market	market	NOUN
fsr-3806	214	17	(	(	PUNCT
fsr-3806	214	18	3.20	3.20	NUM
fsr-3806	214	19	%	%	NOUN
fsr-3806	214	20	)	)	PUNCT
fsr-3806	214	21	and	and	CCONJ
fsr-3806	214	22	the	the	DET
fsr-3806	214	23	nasdaq	nasdaq	PROPN
fsr-3806	214	24	market	market	NOUN
fsr-3806	214	25	(	(	PUNCT
fsr-3806	214	26	4.08	4.08	NUM
fsr-3806	214	27	%	%	NOUN
fsr-3806	214	28	)	)	PUNCT
fsr-3806	214	29	.	.	PUNCT
fsr-3806	215	1	these	these	DET
fsr-3806	215	2	results	result	NOUN
fsr-3806	215	3	,	,	PUNCT
fsr-3806	215	4	suggesting	suggest	VERB
fsr-3806	215	5	short	short	ADJ
fsr-3806	215	6	sellers	seller	NOUN
fsr-3806	215	7	in	in	ADP
fsr-3806	215	8	both	both	DET
fsr-3806	215	9	markets	market	NOUN
fsr-3806	215	10	short	short	ADJ
fsr-3806	215	11	stocks	stock	NOUN
fsr-3806	215	12	that	that	PRON
fsr-3806	215	13	have	have	AUX
fsr-3806	215	14	recently	recently	ADV
fsr-3806	215	15	experienced	experience	VERB
fsr-3806	215	16	significant	significant	ADJ
fsr-3806	215	17	price	price	NOUN
fsr-3806	215	18	increases	increase	NOUN
fsr-3806	215	19	,	,	PUNCT
fsr-3806	215	20	are	be	AUX
fsr-3806	215	21	consistent	consistent	ADJ
fsr-3806	215	22	with	with	ADP
fsr-3806	215	23	vu	vu	NOUN
fsr-3806	215	24	and	and	CCONJ
fsr-3806	215	25	caster	caster	NOUN
fsr-3806	215	26	(	(	PUNCT
fsr-3806	215	27	1987	1987	NUM
fsr-3806	215	28	)	)	PUNCT
fsr-3806	215	29	and	and	CCONJ
fsr-3806	215	30	woolridge	woolridge	VERB
fsr-3806	215	31	and	and	CCONJ
fsr-3806	215	32	dickinson	dickinson	PROPN
fsr-3806	215	33	(	(	PUNCT
fsr-3806	215	34	1994	1994	NUM
fsr-3806	215	35	)	)	PUNCT
fsr-3806	215	36	.	.	PUNCT
fsr-3806	216	1	excess	excess	ADJ
fsr-3806	216	2	returns	return	NOUN
fsr-3806	216	3	in	in	ADP
fsr-3806	216	4	the	the	DET
fsr-3806	216	5	post	post	ADJ
fsr-3806	216	6	-	-	ADJ
fsr-3806	216	7	publication	publication	ADJ
fsr-3806	216	8	interval	interval	NOUN
fsr-3806	216	9	are	be	AUX
fsr-3806	216	10	significantly	significantly	ADV
fsr-3806	216	11	negative	negative	ADJ
fsr-3806	216	12	in	in	ADP
fsr-3806	216	13	both	both	DET
fsr-3806	216	14	mar	mar	PROPN
fsr-3806	216	15	kets	kets	PROPN
fsr-3806	216	16	(	(	PUNCT
fsr-3806	216	17	-1.74	-1.74	NUM
fsr-3806	216	18	%	%	NOUN
fsr-3806	216	19	on	on	ADP
fsr-3806	216	20	nyse	nyse	PROPN
fsr-3806	216	21	/	/	SYM
fsr-3806	216	22	amex	amex	PROPN
fsr-3806	216	23	and	and	CCONJ
fsr-3806	216	24	-0.92	-0.92	ADJ
fsr-3806	216	25	%	%	NOUN
fsr-3806	216	26	on	on	ADP
fsr-3806	216	27	nasdaq	nasdaq	PROPN
fsr-3806	216	28	)	)	PUNCT
fsr-3806	216	29	.	.	PUNCT
fsr-3806	217	1	our	our	PRON
fsr-3806	217	2	evidence	evidence	NOUN
fsr-3806	217	3	suggests	suggest	VERB
fsr-3806	217	4	the	the	DET
fsr-3806	217	5	publi	publi	PROPN
fsr-3806	217	6	cation	cation	NOUN
fsr-3806	217	7	of	of	ADP
fsr-3806	217	8	large	large	ADJ
fsr-3806	217	9	increases	increase	NOUN
fsr-3806	217	10	in	in	ADP
fsr-3806	217	11	short	short	ADJ
fsr-3806	217	12	interest	interest	NOUN
fsr-3806	217	13	is	be	AUX
fsr-3806	217	14	a	a	DET
fsr-3806	217	15	bearish	bearish	ADJ
fsr-3806	217	16	signal	signal	NOUN
fsr-3806	217	17	to	to	ADP
fsr-3806	217	18	other	other	ADJ
fsr-3806	217	19	investors	investor	NOUN
fsr-3806	217	20	,	,	PUNCT
fsr-3806	217	21	which	which	PRON
fsr-3806	217	22	is	be	AUX
fsr-3806	217	23	consistent	consistent	ADJ
fsr-3806	217	24	with	with	ADP
fsr-3806	217	25	choie	choie	NOUN
fsr-3806	217	26	and	and	CCONJ
fsr-3806	217	27	hwang	hwang	PROPN
fsr-3806	217	28	(	(	PUNCT
fsr-3806	217	29	1994	1994	NUM
fsr-3806	217	30	)	)	PUNCT
fsr-3806	217	31	,	,	PUNCT
fsr-3806	217	32	figlewski	figlewski	NOUN
fsr-3806	217	33	(	(	PUNCT
fsr-3806	217	34	1981	1981	NUM
fsr-3806	217	35	)	)	PUNCT
fsr-3806	217	36	,	,	PUNCT
fsr-3806	217	37	senchack	senchack	NOUN
fsr-3806	217	38	and	and	CCONJ
fsr-3806	217	39	starks	stark	NOUN
fsr-3806	217	40	(	(	PUNCT
fsr-3806	217	41	1993	1993	NUM
fsr-3806	217	42	)	)	PUNCT
fsr-3806	217	43	,	,	PUNCT
fsr-3806	217	44	seneca	seneca	NOUN
fsr-3806	217	45	(	(	PUNCT
fsr-3806	217	46	1967	1967	NUM
fsr-3806	217	47	)	)	PUNCT
fsr-3806	217	48	and	and	CCONJ
fsr-3806	217	49	kerrigan	kerrigan	PROPN
fsr-3806	217	50	(	(	PUNCT
fsr-3806	217	51	1974	1974	NUM
fsr-3806	217	52	)	)	PUNCT
fsr-3806	217	53	.	.	PUNCT
fsr-3806	218	1	it	it	PRON
fsr-3806	218	2	is	be	AUX
fsr-3806	218	3	inconsistent	inconsistent	ADJ
fsr-3806	218	4	with	with	ADP
fsr-3806	218	5	vu	vu	NOUN
fsr-3806	218	6	and	and	CCONJ
fsr-3806	218	7	caster	caster	NOUN
fsr-3806	218	8	(	(	PUNCT
fsr-3806	218	9	1987	1987	NUM
fsr-3806	218	10	)	)	PUNCT
fsr-3806	218	11	and	and	CCONJ
fsr-3806	218	12	wool	wool	PROPN
fsr-3806	218	13	ridge	ridge	PROPN
fsr-3806	218	14	and	and	CCONJ
fsr-3806	218	15	dickinson	dickinson	PROPN
fsr-3806	218	16	(	(	PUNCT
fsr-3806	218	17	1994	1994	NUM
fsr-3806	218	18	)	)	PUNCT
fsr-3806	218	19	.	.	PUNCT
fsr-3806	219	1	excess	excess	ADJ
fsr-3806	219	2	returns	return	NOUN
fsr-3806	219	3	in	in	ADP
fsr-3806	219	4	the	the	DET
fsr-3806	219	5	post	post	ADJ
fsr-3806	219	6	-	-	ADJ
fsr-3806	219	7	compilation	compilation	ADJ
fsr-3806	219	8	interval	interval	NOUN
fsr-3806	219	9	are	be	AUX
fsr-3806	219	10	significantly	significantly	ADV
fsr-3806	219	11	negative	negative	ADJ
fsr-3806	219	12	in	in	ADP
fsr-3806	219	13	both	both	DET
fsr-3806	219	14	mar	mar	PROPN
fsr-3806	219	15	kets	ket	NOUN
fsr-3806	219	16	as	as	ADV
fsr-3806	219	17	well	well	ADV
fsr-3806	219	18	,	,	PUNCT
fsr-3806	219	19	suggesting	suggest	VERB
fsr-3806	219	20	short	short	ADJ
fsr-3806	219	21	sellers	seller	NOUN
fsr-3806	219	22	earn	earn	VERB
fsr-3806	219	23	excess	excess	ADJ
fsr-3806	219	24	returns	return	NOUN
fsr-3806	219	25	of	of	ADP
fsr-3806	219	26	2.15	2.15	NUM
fsr-3806	219	27	%	%	NOUN
fsr-3806	219	28	on	on	ADP
fsr-3806	219	29	nyse	nyse	PROPN
fsr-3806	219	30	/	/	SYM
fsr-3806	219	31	amex	amex	PROPN
fsr-3806	219	32	and	and	CCONJ
fsr-3806	219	33	0.28	0.28	NUM
fsr-3806	219	34	%	%	NOUN
fsr-3806	219	35	on	on	ADP
fsr-3806	219	36	nasd~.	nasd~.	NOUN
fsr-3806	219	37	note	note	NOUN
fsr-3806	219	38	,	,	PUNCT
fsr-3806	219	39	however	however	ADV
fsr-3806	219	40	,	,	PUNCT
fsr-3806	219	41	that	that	SCONJ
fsr-3806	219	42	short	short	ADJ
fsr-3806	219	43	sellers	seller	NOUN
fsr-3806	219	44	actually	actually	ADV
fsr-3806	219	45	earned	earn	VERB
fsr-3806	219	46	smaller	small	ADJ
fsr-3806	219	47	returns	return	NOUN
fsr-3806	219	48	on	on	ADP
fsr-3806	219	49	nas	nas	PROPN
fsr-3806	219	50	daq	daq	PROPN
fsr-3806	219	51	than	than	ADP
fsr-3806	219	52	nyse	nyse	PROPN
fsr-3806	219	53	/	/	SYM
fsr-3806	219	54	amex	amex	PROPN
fsr-3806	219	55	securities	security	NOUN
fsr-3806	219	56	.	.	PUNCT
fsr-3806	220	1	cars	car	NOUN
fsr-3806	220	2	in	in	ADP
fsr-3806	220	3	the	the	DET
fsr-3806	220	4	interim	interim	ADJ
fsr-3806	220	5	interval	interval	NOUN
fsr-3806	220	6	are	be	AUX
fsr-3806	220	7	negative	negative	ADJ
fsr-3806	220	8	in	in	ADP
fsr-3806	220	9	the	the	DET
fsr-3806	220	10	nyse	nyse	PROPN
fsr-3806	220	11	/	/	SYM
fsr-3806	220	12	amex	amex	PROPN
fsr-3806	220	13	sample	sample	NOUN
fsr-3806	220	14	and	and	CCONJ
fsr-3806	220	15	positive	positive	ADJ
fsr-3806	220	16	in	in	ADP
fsr-3806	220	17	the	the	DET
fsr-3806	220	18	nasdaq	nasdaq	PROPN
fsr-3806	220	19	sample	sample	NOUN
fsr-3806	220	20	,	,	PUNCT
fsr-3806	220	21	but	but	CCONJ
fsr-3806	220	22	neither	neither	PRON
fsr-3806	220	23	is	be	AUX
fsr-3806	220	24	statistically	statistically	ADV
fsr-3806	220	25	significant	significant	ADJ
fsr-3806	220	26	.	.	PUNCT
fsr-3806	221	1	this	this	PRON
fsr-3806	221	2	suggests	suggest	VERB
fsr-3806	221	3	that	that	SCONJ
fsr-3806	221	4	most	most	ADJ
fsr-3806	221	5	of	of	ADP
fsr-3806	221	6	the	the	DET
fsr-3806	221	7	short	short	ADJ
fsr-3806	221	8	selling	selling	NOUN
fsr-3806	221	9	and	and	CCONJ
fsr-3806	221	10	trading	trading	NOUN
fsr-3806	221	11	abuses	abuse	NOUN
fsr-3806	221	12	37	37	NUM
fsr-3806	221	13	return	return	NOUN
fsr-3806	221	14	to	to	ADP
fsr-3806	221	15	short	short	ADJ
fsr-3806	221	16	sellers	seller	NOUN
fsr-3806	221	17	comes	come	VERB
fsr-3806	221	18	from	from	ADP
fsr-3806	221	19	the	the	DET
fsr-3806	221	20	public	public	ADJ
fsr-3806	221	21	release	release	NOUN
fsr-3806	221	22	of	of	ADP
fsr-3806	221	23	their	their	PRON
fsr-3806	221	24	trading	trading	NOUN
fsr-3806	221	25	activities	activity	NOUN
fsr-3806	221	26	that	that	PRON
fsr-3806	221	27	reflect	reflect	VERB
fsr-3806	221	28	their	their	PRON
fsr-3806	221	29	private	private	ADJ
fsr-3806	221	30	information	information	NOUN
fsr-3806	221	31	,	,	PUNCT
fsr-3806	221	32	since	since	SCONJ
fsr-3806	221	33	most	most	ADJ
fsr-3806	221	34	of	of	ADP
fsr-3806	221	35	their	their	PRON
fsr-3806	221	36	excess	excess	ADJ
fsr-3806	221	37	return	return	NOUN
fsr-3806	221	38	comes	come	VERB
fsr-3806	221	39	after	after	ADP
fsr-3806	221	40	the	the	DET
fsr-3806	221	41	wall	wall	PROPN
fsr-3806	221	42	street	street	PROPN
fsr-3806	221	43	journal	journal	PROPN
fsr-3806	221	44	publication	publication	NOUN
fsr-3806	221	45	date	date	NOUN
fsr-3806	221	46	.	.	PUNCT
fsr-3806	222	1	this	this	DET
fsr-3806	222	2	evidence	evidence	NOUN
fsr-3806	222	3	is	be	AUX
fsr-3806	222	4	in	in	ADP
fsr-3806	222	5	contrast	contrast	NOUN
fsr-3806	222	6	to	to	ADP
fsr-3806	222	7	choie	choie	NOUN
fsr-3806	222	8	and	and	CCONJ
fsr-3806	222	9	hwang	hwang	PROPN
fsr-3806	222	10	(	(	PUNCT
fsr-3806	222	11	1994	1994	NUM
fsr-3806	222	12	)	)	PUNCT
fsr-3806	222	13	,	,	PUNCT
fsr-3806	222	14	who	who	PRON
fsr-3806	222	15	fmd	fmd	VERB
fsr-3806	222	16	significant	significant	ADJ
fsr-3806	222	17	negative	negative	ADJ
fsr-3806	222	18	returns	return	NOUN
fsr-3806	222	19	between	between	ADP
fsr-3806	222	20	the	the	DET
fsr-3806	222	21	compilation	compilation	NOUN
fsr-3806	222	22	and	and	CCONJ
fsr-3806	222	23	publication	publication	NOUN
fsr-3806	222	24	dates	date	NOUN
fsr-3806	222	25	.	.	PUNCT
fsr-3806	223	1	b	b	X
fsr-3806	223	2	)	)	PUNCT
fsr-3806	223	3	differences	difference	NOUN
fsr-3806	223	4	between	between	ADP
fsr-3806	223	5	nyse	nyse	PROPN
fsr-3806	223	6	/	/	SYM
fsr-3806	223	7	amex	amex	PROPN
fsr-3806	223	8	and	and	CCONJ
fsr-3806	223	9	nnsdaq	nnsdaq	ADV
fsr-3806	223	10	as	as	SCONJ
fsr-3806	223	11	discussed	discuss	VERB
fsr-3806	223	12	previously	previously	ADV
fsr-3806	223	13	,	,	PUNCT
fsr-3806	223	14	a	a	DET
fsr-3806	223	15	large	large	ADJ
fsr-3806	223	16	increase	increase	NOUN
fsr-3806	223	17	in	in	ADP
fsr-3806	223	18	short	short	ADJ
fsr-3806	223	19	interest	interest	NOUN
fsr-3806	223	20	can	can	AUX
fsr-3806	223	21	be	be	AUX
fsr-3806	223	22	interpreted	interpret	VERB
fsr-3806	223	23	as	as	ADP
fsr-3806	223	24	a	a	DET
fsr-3806	223	25	gen	gen	PROPN
fsr-3806	223	26	eral	eral	ADJ
fsr-3806	223	27	bearish	bearish	ADJ
fsr-3806	223	28	sentiment	sentiment	NOUN
fsr-3806	223	29	by	by	ADP
fsr-3806	223	30	informed	informed	ADJ
fsr-3806	223	31	investors	investor	NOUN
fsr-3806	223	32	(	(	PUNCT
fsr-3806	223	33	to	to	ADP
fsr-3806	223	34	the	the	DET
fsr-3806	223	35	extent	extent	NOUN
fsr-3806	223	36	short	short	ADJ
fsr-3806	223	37	sellers	seller	NOUN
fsr-3806	223	38	are	be	AUX
fsr-3806	223	39	informed	inform	VERB
fsr-3806	223	40	inves	inve	NOUN
fsr-3806	223	41	tors	tor	NOUN
fsr-3806	223	42	)	)	PUNCT
fsr-3806	223	43	,	,	PUNCT
fsr-3806	223	44	suggesting	suggest	VERB
fsr-3806	223	45	stock	stock	NOUN
fsr-3806	223	46	prices	price	NOUN
fsr-3806	223	47	will	will	AUX
fsr-3806	223	48	fall	fall	VERB
fsr-3806	223	49	farther	far	ADV
fsr-3806	223	50	.	.	PUNCT
fsr-3806	224	1	our	our	PRON
fsr-3806	224	2	initial	initial	ADJ
fsr-3806	224	3	results	result	NOUN
fsr-3806	224	4	support	support	VERB
fsr-3806	224	5	this	this	DET
fsr-3806	224	6	view	view	NOUN
fsr-3806	224	7	.	.	PUNCT
fsr-3806	225	1	however	however	ADV
fsr-3806	225	2	,	,	PUNCT
fsr-3806	225	3	the	the	DET
fsr-3806	225	4	increase	increase	NOUN
fsr-3806	225	5	may	may	AUX
fsr-3806	225	6	also	also	ADV
fsr-3806	225	7	represent	represent	VERB
fsr-3806	225	8	latent	latent	NOUN
fsr-3806	225	9	buying	buying	NOUN
fsr-3806	225	10	pressure	pressure	NOUN
fsr-3806	225	11	(	(	PUNCT
fsr-3806	225	12	because	because	SCONJ
fsr-3806	225	13	the	the	DET
fsr-3806	225	14	short	short	ADJ
fsr-3806	225	15	posi	posi	NOUN
fsr-3806	225	16	tions	tion	NOUN
fsr-3806	225	17	must	must	AUX
fsr-3806	225	18	eventually	eventually	ADV
fsr-3806	225	19	be	be	AUX
fsr-3806	225	20	covered	cover	VERB
fsr-3806	225	21	)	)	PUNCT
fsr-3806	225	22	suggesting	suggest	VERB
fsr-3806	225	23	stock	stock	NOUN
fsr-3806	225	24	prices	price	NOUN
fsr-3806	225	25	will	will	AUX
fsr-3806	225	26	rise	rise	VERB
fsr-3806	225	27	.	.	PUNCT
fsr-3806	226	1	the	the	DET
fsr-3806	226	2	lack	lack	NOUN
fsr-3806	226	3	of	of	ADP
fsr-3806	226	4	effective	effective	ADJ
fsr-3806	226	5	prohibitions	prohibition	NOUN
fsr-3806	226	6	against	against	ADP
fsr-3806	226	7	naked	naked	ADJ
fsr-3806	226	8	short	short	ADJ
fsr-3806	226	9	selling	selling	NOUN
fsr-3806	226	10	of	of	ADP
fsr-3806	226	11	nasdaq	nasdaq	PROPN
fsr-3806	226	12	securities	security	NOUN
fsr-3806	226	13	dur	dur	X
fsr-3806	226	14	ing	e	VERB
fsr-3806	226	15	the	the	DET
fsr-3806	226	16	period	period	NOUN
fsr-3806	226	17	of	of	ADP
fsr-3806	226	18	this	this	DET
fsr-3806	226	19	study	study	NOUN
fsr-3806	226	20	makes	make	VERB
fsr-3806	226	21	the	the	DET
fsr-3806	226	22	possibility	possibility	NOUN
fsr-3806	226	23	of	of	ADP
fsr-3806	226	24	rising	rise	VERB
fsr-3806	226	25	prices	price	NOUN
fsr-3806	226	26	during	during	ADP
fsr-3806	226	27	the	the	DET
fsr-3806	226	28	post	post	ADJ
fsr-3806	226	29	-	-	ADJ
fsr-3806	226	30	compila	compila	ADJ
fsr-3806	226	31	tion	tion	NOUN
fsr-3806	226	32	period	period	NOUN
fsr-3806	226	33	much	much	ADV
fsr-3806	226	34	stronger	strong	ADJ
fsr-3806	226	35	on	on	ADP
fsr-3806	226	36	the	the	DET
fsr-3806	226	37	over	over	ADP
fsr-3806	226	38	-	-	PUNCT
fsr-3806	226	39	the	the	DET
fsr-3806	226	40	-	-	PUNCT
fsr-3806	226	41	counter	counter	NOUN
fsr-3806	226	42	market	market	NOUN
fsr-3806	226	43	than	than	ADP
fsr-3806	226	44	on	on	ADP
fsr-3806	226	45	the	the	DET
fsr-3806	226	46	nyse	nyse	NOUN
fsr-3806	226	47	or	or	CCONJ
fsr-3806	226	48	the	the	DET
fsr-3806	226	49	amex	amex	NOUN
fsr-3806	226	50	.	.	PUNCT
fsr-3806	227	1	if	if	SCONJ
fsr-3806	227	2	the	the	DET
fsr-3806	227	3	short	short	ADJ
fsr-3806	227	4	seller	seller	NOUN
fsr-3806	227	5	does	do	AUX
fsr-3806	227	6	not	not	PART
fsr-3806	227	7	immediately	immediately	ADV
fsr-3806	227	8	deliver	deliver	VERB
fsr-3806	227	9	the	the	DET
fsr-3806	227	10	shares	share	NOUN
fsr-3806	227	11	(	(	PUNCT
fsr-3806	227	12	known	know	VERB
fsr-3806	227	13	as	as	ADP
fsr-3806	227	14	naked	naked	ADJ
fsr-3806	227	15	short	short	ADJ
fsr-3806	227	16	selling	selling	NOUN
fsr-3806	227	17	)	)	PUNCT
fsr-3806	227	18	,	,	PUNCT
fsr-3806	227	19	and	and	CCONJ
fsr-3806	227	20	the	the	DET
fsr-3806	227	21	buyer	buyer	NOUN
fsr-3806	227	22	's	's	PART
fsr-3806	227	23	broker	broker	NOUN
fsr-3806	227	24	is	be	AUX
fsr-3806	227	25	directed	direct	VERB
fsr-3806	227	26	to	to	PART
fsr-3806	227	27	execute	execute	VERB
fsr-3806	227	28	a	a	DET
fsr-3806	227	29	buy	buy	NOUN
fsr-3806	227	30	-	-	PUNCT
fsr-3806	227	31	in	in	NOUN
fsr-3806	227	32	,	,	PUNCT
fsr-3806	227	33	the	the	DET
fsr-3806	227	34	short	short	ADJ
fsr-3806	227	35	seller	seller	NOUN
fsr-3806	227	36	may	may	AUX
fsr-3806	227	37	be	be	AUX
fsr-3806	227	38	squeezed	squeeze	VERB
fsr-3806	227	39	in	in	ADP
fsr-3806	227	40	acquiring	acquire	VERB
fsr-3806	227	41	shares	share	NOUN
fsr-3806	227	42	for	for	ADP
fsr-3806	227	43	delivery	delivery	NOUN
fsr-3806	227	44	.	.	PUNCT
fsr-3806	228	1	as	as	SCONJ
fsr-3806	228	2	the	the	DET
fsr-3806	228	3	short	short	ADJ
fsr-3806	228	4	seller	seller	NOUN
fsr-3806	228	5	scrambles	scramble	NOUN
fsr-3806	228	6	to	to	PART
fsr-3806	228	7	acquire	acquire	VERB
fsr-3806	228	8	the	the	DET
fsr-3806	228	9	shares	share	NOUN
fsr-3806	228	10	to	to	PART
fsr-3806	228	11	meet	meet	VERB
fsr-3806	228	12	delivery	delivery	NOUN
fsr-3806	228	13	requirements	requirement	NOUN
fsr-3806	228	14	,	,	PUNCT
fsr-3806	228	15	the	the	DET
fsr-3806	228	16	share	share	NOUN
fsr-3806	228	17	price	price	NOUN
fsr-3806	228	18	may	may	AUX
fsr-3806	228	19	increase	increase	VERB
fsr-3806	228	20	due	due	ADP
fsr-3806	228	21	to	to	ADP
fsr-3806	228	22	the	the	DET
fsr-3806	228	23	added	add	VERB
fsr-3806	228	24	buying	buying	NOUN
fsr-3806	228	25	pressure	pressure	NOUN
fsr-3806	228	26	.	.	PUNCT
fsr-3806	229	1	this	this	DET
fsr-3806	229	2	benefits	benefit	NOUN
fsr-3806	229	3	buyers	buyer	NOUN
fsr-3806	229	4	at	at	ADP
fsr-3806	229	5	the	the	DET
fsr-3806	229	6	expense	expense	NOUN
fsr-3806	229	7	of	of	ADP
fsr-3806	229	8	short	short	ADJ
fsr-3806	229	9	sellers	seller	NOUN
fsr-3806	229	10	and	and	CCONJ
fsr-3806	229	11	is	be	AUX
fsr-3806	229	12	more	more	ADV
fsr-3806	229	13	likely	likely	ADJ
fsr-3806	229	14	to	to	PART
fsr-3806	229	15	be	be	AUX
fsr-3806	229	16	effective	effective	ADJ
fsr-3806	229	17	for	for	ADP
fsr-3806	229	18	thinly	thinly	ADV
fsr-3806	229	19	traded	trade	VERB
fsr-3806	229	20	securities	security	NOUN
fsr-3806	229	21	.	.	PUNCT
fsr-3806	230	1	therefore	therefore	ADV
fsr-3806	230	2	,	,	PUNCT
fsr-3806	230	3	if	if	SCONJ
fsr-3806	230	4	trading	trade	VERB
fsr-3806	230	5	in	in	ADP
fsr-3806	230	6	a	a	DET
fsr-3806	230	7	security	security	NOUN
fsr-3806	230	8	is	be	AUX
fsr-3806	230	9	thin	thin	ADJ
fsr-3806	230	10	,	,	PUNCT
fsr-3806	230	11	buyers	buyer	NOUN
fsr-3806	230	12	may	may	AUX
fsr-3806	230	13	see	see	VERB
fsr-3806	230	14	an	an	DET
fsr-3806	230	15	incentive	incentive	NOUN
fsr-3806	230	16	to	to	PART
fsr-3806	230	17	request	request	VERB
fsr-3806	230	18	buy	buy	NOUN
fsr-3806	230	19	-	-	PUNCT
fsr-3806	230	20	ins	in	NOUN
fsr-3806	230	21	.	.	PUNCT
fsr-3806	231	1	this	this	PRON
fsr-3806	231	2	may	may	AUX
fsr-3806	231	3	be	be	AUX
fsr-3806	231	4	especially	especially	ADV
fsr-3806	231	5	true	true	ADJ
fsr-3806	231	6	for	for	ADP
fsr-3806	231	7	small	small	ADJ
fsr-3806	231	8	,	,	PUNCT
fsr-3806	231	9	illiquid	illiquid	ADJ
fsr-3806	231	10	stocks	stock	NOUN
fsr-3806	231	11	traded	trade	VERB
fsr-3806	231	12	on	on	ADP
fsr-3806	231	13	the	the	DET
fsr-3806	231	14	nasdaq	nasdaq	PROPN
fsr-3806	231	15	market	market	NOUN
fsr-3806	231	16	with	with	ADP
fsr-3806	231	17	no	no	DET
fsr-3806	231	18	prohibitions	prohibition	NOUN
fsr-3806	231	19	against	against	ADP
fsr-3806	231	20	naked	naked	ADJ
fsr-3806	231	21	short	short	ADJ
fsr-3806	231	22	selling	selling	NOUN
fsr-3806	231	23	.	.	PUNCT
fsr-3806	232	1	evidence	evidence	NOUN
fsr-3806	232	2	of	of	ADP
fsr-3806	232	3	short	short	ADJ
fsr-3806	232	4	squeezes	squeeze	NOUN
fsr-3806	232	5	in	in	ADP
fsr-3806	232	6	small	small	ADJ
fsr-3806	232	7	issues	issue	NOUN
fsr-3806	232	8	has	have	AUX
fsr-3806	232	9	not	not	PART
fsr-3806	232	10	previously	previously	ADV
fsr-3806	232	11	been	be	AUX
fsr-3806	232	12	documented	document	VERB
fsr-3806	232	13	in	in	ADP
fsr-3806	232	14	the	the	DET
fsr-3806	232	15	literature	literature	NOUN
fsr-3806	232	16	.	.	PUNCT
fsr-3806	233	1	however	however	ADV
fsr-3806	233	2	,	,	PUNCT
fsr-3806	233	3	any	any	DET
fsr-3806	233	4	post	post	ADJ
fsr-3806	233	5	-	-	ADJ
fsr-3806	233	6	compilation	compilation	ADJ
fsr-3806	233	7	price	price	NOUN
fsr-3806	233	8	increases	increase	NOUN
fsr-3806	233	9	for	for	ADP
fsr-3806	233	10	heavily	heavily	ADV
fsr-3806	233	11	-	-	PUNCT
fsr-3806	233	12	shorted	short	VERB
fsr-3806	233	13	nas0	nas0	NOUN
fsr-3806	233	14	~	~	SYM
fsr-3806	233	15	aq	aq	DET
fsr-3806	233	16	stocks	stock	NOUN
fsr-3806	233	17	(	(	PUNCT
fsr-3806	233	18	rel	rel	NOUN
fsr-3806	233	19	ative	ative	ADJ
fsr-3806	233	20	to	to	ADP
fsr-3806	233	21	exchange	exchange	NOUN
fsr-3806	233	22	-	-	PUNCT
fsr-3806	233	23	traded	trade	VERB
fsr-3806	233	24	stocks	stock	NOUN
fsr-3806	233	25	)	)	PUNCT
fsr-3806	233	26	may	may	AUX
fsr-3806	233	27	be	be	AUX
fsr-3806	233	28	due	due	ADJ
fsr-3806	233	29	to	to	ADP
fsr-3806	233	30	the	the	DET
fsr-3806	233	31	already	already	ADV
fsr-3806	233	32	well	well	ADV
fsr-3806	233	33	-	-	PUNCT
fsr-3806	233	34	documented	document	VERB
fsr-3806	233	35	firm	firm	ADJ
fsr-3806	233	36	-	-	PUNCT
fsr-3806	233	37	size	size	NOUN
fsr-3806	233	38	effect	effect	NOUN
fsr-3806	233	39	and	and	CCONJ
fsr-3806	233	40	not	not	PART
fsr-3806	233	41	due	due	ADP
fsr-3806	233	42	to	to	ADP
fsr-3806	233	43	a	a	DET
fsr-3806	233	44	short	short	ADJ
fsr-3806	233	45	squeeze	squeeze	NOUN
fsr-3806	233	46	,	,	PUNCT
fsr-3806	233	47	because	because	SCONJ
fsr-3806	233	48	the	the	DET
fsr-3806	233	49	smallest	small	ADJ
fsr-3806	233	50	nasdaq	nasdaq	NOUN
fsr-3806	233	51	stocks	stock	NOUN
fsr-3806	233	52	are	be	AUX
fsr-3806	233	53	significantly	significantly	ADV
fsr-3806	233	54	smaller	small	ADJ
fsr-3806	233	55	than	than	ADP
fsr-3806	233	56	the	the	DET
fsr-3806	233	57	smallest	small	ADJ
fsr-3806	233	58	nyse	nyse	PROPN
fsr-3806	233	59	/	/	SYM
fsr-3806	233	60	amex	amex	PROPN
fsr-3806	233	61	stocks	stock	NOUN
fsr-3806	233	62	.	.	PUNCT
fsr-3806	234	1	even	even	ADV
fsr-3806	234	2	when	when	SCONJ
fsr-3806	234	3	size	size	NOUN
fsr-3806	234	4	is	be	AUX
fsr-3806	234	5	controlled	control	VERB
fsr-3806	234	6	,	,	PUNCT
fsr-3806	234	7	it	it	PRON
fsr-3806	234	8	may	may	AUX
fsr-3806	234	9	be	be	AUX
fsr-3806	234	10	dif	dif	ADV
fsr-3806	234	11	ficult	ficult	ADJ
fsr-3806	234	12	to	to	PART
fsr-3806	234	13	attribute	attribute	VERB
fsr-3806	234	14	any	any	DET
fsr-3806	234	15	differential	differential	ADJ
fsr-3806	234	16	returns	return	NOUN
fsr-3806	234	17	of	of	ADP
fsr-3806	234	18	heavily	heavily	ADV
fsr-3806	234	19	-	-	PUNCT
fsr-3806	234	20	shorted	short	VERB
fsr-3806	234	21	nasdaq	nasdaq	NOUN
fsr-3806	234	22	stocks	stock	NOUN
fsr-3806	234	23	and	and	CCONJ
fsr-3806	234	24	nyse/	nyse/	NUM
fsr-3806	234	25	amex	amex	PROPN
fsr-3806	234	26	stocks	stock	NOUN
fsr-3806	234	27	to	to	ADP
fsr-3806	234	28	a	a	DET
fsr-3806	234	29	short	short	ADJ
fsr-3806	234	30	squeeze	squeeze	NOUN
fsr-3806	234	31	because	because	SCONJ
fsr-3806	234	32	of	of	ADP
fsr-3806	234	33	the	the	DET
fsr-3806	234	34	difficulty	difficulty	NOUN
fsr-3806	234	35	in	in	ADP
fsr-3806	234	36	controlling	control	VERB
fsr-3806	234	37	for	for	ADP
fsr-3806	234	38	the	the	DET
fsr-3806	234	39	many	many	ADJ
fsr-3806	234	40	struc	struc	NOUN
fsr-3806	234	41	tural	tural	ADJ
fsr-3806	234	42	differences	difference	NOUN
fsr-3806	234	43	between	between	ADP
fsr-3806	234	44	the	the	DET
fsr-3806	234	45	two	two	NUM
fsr-3806	234	46	markets	market	NOUN
fsr-3806	234	47	.	.	PUNCT
fsr-3806	235	1	to	to	PART
fsr-3806	235	2	shed	shed	VERB
fsr-3806	235	3	some	some	DET
fsr-3806	235	4	light	light	NOUN
fsr-3806	235	5	on	on	ADP
fsr-3806	235	6	the	the	DET
fsr-3806	235	7	issue	issue	NOUN
fsr-3806	235	8	,	,	PUNCT
fsr-3806	235	9	we	we	PRON
fsr-3806	235	10	regress	regress	VERB
fsr-3806	235	11	post	post	ADJ
fsr-3806	235	12	-	-	ADJ
fsr-3806	235	13	compilation	compilation	ADJ
fsr-3806	235	14	cars	car	NOUN
fsr-3806	235	15	of	of	ADP
fsr-3806	235	16	each	each	DET
fsr-3806	235	17	firm	firm	NOUN
fsr-3806	235	18	on	on	ADP
fsr-3806	235	19	the	the	DET
fsr-3806	235	20	log	log	NOUN
fsr-3806	235	21	of	of	ADP
fsr-3806	235	22	its	its	PRON
fsr-3806	235	23	market	market	NOUN
fsr-3806	235	24	value	value	NOUN
fsr-3806	235	25	of	of	ADP
fsr-3806	235	26	equity	equity	NOUN
fsr-3806	235	27	(	(	PUNCT
fsr-3806	235	28	lmveq	lmveq	PROPN
fsr-3806	235	29	)	)	PUNCT
fsr-3806	235	30	separately	separately	ADV
fsr-3806	235	31	for	for	ADP
fsr-3806	235	32	each	each	DET
fsr-3806	235	33	market	market	NOUN
fsr-3806	235	34	.	.	PUNCT
fsr-3806	236	1	the	the	DET
fsr-3806	236	2	results	result	NOUN
fsr-3806	236	3	of	of	ADP
fsr-3806	236	4	the	the	DET
fsr-3806	236	5	two	two	NUM
fsr-3806	236	6	regressions	regression	NOUN
fsr-3806	236	7	are	be	AUX
fsr-3806	236	8	reported	report	VERB
fsr-3806	236	9	in	in	ADP
fsr-3806	236	10	table	table	NOUN
fsr-3806	236	11	4	4	NUM
fsr-3806	236	12	.	.	PUNCT
fsr-3806	237	1	the	the	DET
fsr-3806	237	2	relationship	relationship	NOUN
fsr-3806	237	3	between	between	ADP
fsr-3806	237	4	size	size	NOUN
fsr-3806	237	5	and	and	CCONJ
fsr-3806	237	6	cars	car	NOUN
fsr-3806	237	7	on	on	ADP
fsr-3806	237	8	the	the	DET
fsr-3806	237	9	nyse	nyse	PROPN
fsr-3806	237	10	/	/	SYM
fsr-3806	237	11	amex	amex	PROPN
fsr-3806	237	12	exchanges	exchange	NOUN
fsr-3806	237	13	is	be	AUX
fsr-3806	237	14	significantly	significantly	ADV
fsr-3806	237	15	positive	positive	ADJ
fsr-3806	237	16	(	(	PUNCT
fsr-3806	237	17	y1	y1	NOUN
fsr-3806	237	18	=	=	SYM
fsr-3806	237	19	+0.019	+0.019	PROPN
fsr-3806	237	20	)	)	PUNCT
fsr-3806	237	21	indicating	indicate	VERB
fsr-3806	237	22	smaller	small	ADJ
fsr-3806	237	23	nyse/	nyse/	NUM
fsr-3806	237	24	amex	amex	PROPN
fsr-3806	237	25	firms	firm	NOUN
fsr-3806	237	26	experience	experience	VERB
fsr-3806	237	27	larger	large	ADJ
fsr-3806	237	28	negative	negative	ADJ
fsr-3806	237	29	(	(	PUNCT
fsr-3806	237	30	smaller	small	ADJ
fsr-3806	237	31	positive	positive	ADJ
fsr-3806	237	32	)	)	PUNCT
fsr-3806	237	33	cars	car	NOUN
fsr-3806	237	34	than	than	ADP
fsr-3806	237	35	larger	large	ADJ
fsr-3806	237	36	firms	firm	NOUN
fsr-3806	237	37	.	.	PUNCT
fsr-3806	238	1	the	the	DET
fsr-3806	238	2	relationship	relationship	NOUN
fsr-3806	238	3	for	for	ADP
fsr-3806	238	4	nasdaq	nasdaq	NOUN
fsr-3806	238	5	firms	firm	NOUN
fsr-3806	238	6	,	,	PUNCT
fsr-3806	238	7	however	however	ADV
fsr-3806	238	8	,	,	PUNCT
fsr-3806	238	9	is	be	AUX
fsr-3806	238	10	not	not	PART
fsr-3806	238	11	statistically	statistically	ADV
fsr-3806	238	12	significant	significant	ADJ
fsr-3806	238	13	(	(	PUNCT
fsr-3806	238	14	tl	tl	PROPN
fsr-3806	238	15	=	=	PUNCT
fsr-3806	238	16	-0.000	-0.000	PROPN
fsr-3806	238	17	)	)	PUNCT
fsr-3806	238	18	.	.	PUNCT
fsr-3806	239	1	the	the	DET
fsr-3806	239	2	difference	difference	NOUN
fsr-3806	239	3	between	between	ADP
fsr-3806	239	4	the	the	DET
fsr-3806	239	5	slope	slope	NOUN
fsr-3806	239	6	coefficients	coefficient	NOUN
fsr-3806	239	7	in	in	ADP
fsr-3806	239	8	the	the	DET
fsr-3806	239	9	two	two	NUM
fsr-3806	239	10	markets	market	NOUN
fsr-3806	239	11	is	be	AUX
fsr-3806	239	12	statistically	statistically	ADV
fsr-3806	239	13	significant	significant	ADJ
fsr-3806	239	14	.	.	PUNCT
fsr-3806	240	1	these	these	DET
fsr-3806	240	2	results	result	NOUN
fsr-3806	240	3	are	be	AUX
fsr-3806	240	4	consistent	consistent	ADJ
fsr-3806	240	5	with	with	ADP
fsr-3806	240	6	a	a	DET
fsr-3806	240	7	different	different	ADJ
fsr-3806	240	8	pattern	pattern	NOUN
fsr-3806	240	9	of	of	ADP
fsr-3806	240	10	abnormal	abnormal	ADJ
fsr-3806	240	11	returns	return	NOUN
fsr-3806	240	12	for	for	ADP
fsr-3806	240	13	heavily	heavily	ADV
fsr-3806	240	14	shorted	short	VERB
fsr-3806	240	15	small	small	ADJ
fsr-3806	240	16	nasdaq	nasdaq	PROPN
fsr-3806	240	17	stocks	stock	NOUN
fsr-3806	240	18	relative	relative	ADJ
fsr-3806	240	19	to	to	ADP
fsr-3806	240	20	nyse	nyse	PROPN
fsr-3806	240	21	/	/	SYM
fsr-3806	240	22	amex	amex	PROPN
fsr-3806	240	23	stocks	stock	NOUN
fsr-3806	240	24	.	.	PUNCT
fsr-3806	241	1	small	small	ADJ
fsr-3806	241	2	nasdaq	nasdaq	PROPN
fsr-3806	241	3	stocks	stock	NOUN
fsr-3806	241	4	may	may	AUX
fsr-3806	241	5	be	be	AUX
fsr-3806	241	6	more	more	ADV
fsr-3806	241	7	susceptible	susceptible	ADJ
fsr-3806	241	8	to	to	PART
fsr-3806	241	9	buy	buy	VERB
fsr-3806	241	10	-	-	PUNCT
fsr-3806	241	11	ins	in	NOUN
fsr-3806	241	12	and	and	CCONJ
fsr-3806	241	13	short	short	ADJ
fsr-3806	241	14	squeezes	squeeze	NOUN
fsr-3806	241	15	which	which	PRON
fsr-3806	241	16	drive	drive	VERB
fsr-3806	241	17	up	up	ADP
fsr-3806	241	18	prices	price	NOUN
fsr-3806	241	19	after	after	ADP
fsr-3806	241	20	large	large	ADJ
fsr-3806	241	21	increases	increase	NOUN
fsr-3806	241	22	in	in	ADP
fsr-3806	241	23	short	short	ADJ
fsr-3806	241	24	interest	interest	NOUN
fsr-3806	241	25	.	.	PUNCT
fsr-3806	242	1	this	this	PRON
fsr-3806	242	2	calls	call	VERB
fsr-3806	242	3	into	into	ADP
fsr-3806	242	4	question	question	NOUN
fsr-3806	242	5	the	the	DET
fsr-3806	242	6	criticisms	criticism	NOUN
fsr-3806	242	7	many	many	ADJ
fsr-3806	242	8	market	market	NOUN
fsr-3806	242	9	participants	participant	NOUN
fsr-3806	242	10	have	have	VERB
fsr-3806	242	11	lev	lev	NOUN
fsr-3806	242	12	ied	ie	VERB
fsr-3806	242	13	against	against	ADP
fsr-3806	242	14	the	the	DET
fsr-3806	242	15	activities	activity	NOUN
fsr-3806	242	16	of	of	ADP
fsr-3806	242	17	short	short	ADJ
fsr-3806	242	18	sellers	seller	NOUN
fsr-3806	242	19	.	.	PUNCT
fsr-3806	243	1	in	in	ADP
fsr-3806	243	2	contrast	contrast	NOUN
fsr-3806	243	3	,	,	PUNCT
fsr-3806	243	4	naked	naked	ADJ
fsr-3806	243	5	short	short	ADJ
fsr-3806	243	6	sellers	seller	NOUN
fsr-3806	243	7	may	may	AUX
fsr-3806	243	8	be	be	AUX
fsr-3806	243	9	more	more	ADV
fsr-3806	243	10	sus	sus	PROPN
fsr-3806	243	11	ceptible	ceptible	ADJ
fsr-3806	243	12	to	to	ADP
fsr-3806	243	13	the	the	DET
fsr-3806	243	14	trading	trading	NOUN
fsr-3806	243	15	abuses	abuse	NOUN
fsr-3806	243	16	of	of	ADP
fsr-3806	243	17	the	the	DET
fsr-3806	243	18	buyers	buyer	NOUN
fsr-3806	243	19	who	who	PRON
fsr-3806	243	20	create	create	VERB
fsr-3806	243	21	the	the	DET
fsr-3806	243	22	short	short	ADJ
fsr-3806	243	23	squeezes	squeeze	NOUN
fsr-3806	243	24	(	(	PUNCT
fsr-3806	243	25	see	see	VERB
fsr-3806	243	26	weiss	weiss	NOUN
fsr-3806	243	27	,	,	PUNCT
fsr-3806	243	28	1996	1996	NUM
fsr-3806	243	29	)	)	PUNCT
fsr-3806	243	30	.	.	PUNCT
fsr-3806	244	1	because	because	SCONJ
fsr-3806	244	2	naked	naked	ADJ
fsr-3806	244	3	short	short	ADJ
fsr-3806	244	4	selling	selling	NOUN
fsr-3806	244	5	is	be	AUX
fsr-3806	244	6	not	not	PART
fsr-3806	244	7	permitted	permit	VERB
fsr-3806	244	8	on	on	ADP
fsr-3806	244	9	the	the	DET
fsr-3806	244	10	nyse	nyse	PROPN
fsr-3806	244	11	/	/	SYM
fsr-3806	244	12	amex	amex	PROPN
fsr-3806	244	13	,	,	PUNCT
fsr-3806	244	14	heavily	heavily	ADV
fsr-3806	244	15	-	-	PUNCT
fsr-3806	244	16	shorted	short	VERB
fsr-3806	244	17	shares	share	NOUN
fsr-3806	244	18	there	there	PRON
fsr-3806	244	19	are	be	VERB
fsr-3806	244	20	not	not	PART
fsr-3806	244	21	as	as	ADV
fsr-3806	244	22	susceptible	susceptible	ADJ
fsr-3806	244	23	to	to	PART
fsr-3806	244	24	buy	buy	VERB
fsr-3806	244	25	-	-	PUNCT
fsr-3806	244	26	ins	in	NOUN
fsr-3806	244	27	and	and	CCONJ
fsr-3806	244	28	short	short	ADJ
fsr-3806	244	29	squeezes	squeeze	NOUN
fsr-3806	244	30	,	,	PUNCT
fsr-3806	244	31	and	and	CCONJ
fsr-3806	244	32	therefore	therefore	ADV
fsr-3806	244	33	continue	continue	VERB
fsr-3806	244	34	to	to	PART
fsr-3806	244	35	experience	experience	VERB
fsr-3806	244	36	price	price	NOUN
fsr-3806	244	37	declines	decline	NOUN
fsr-3806	244	38	after	after	ADP
fsr-3806	244	39	the	the	DET
fsr-3806	244	40	compilation	compilation	NOUN
fsr-3806	244	41	date	date	NOUN
fsr-3806	244	42	.	.	PUNCT
fsr-3806	245	1	38	38	NUM
fsr-3806	245	2	financial	financial	ADJ
fsr-3806	245	3	services	service	NOUN
fsr-3806	245	4	review	review	VERB
fsr-3806	245	5	6(1	6(1	NUM
fsr-3806	245	6	)	)	PUNCT
fsr-3806	245	7	1997	1997	NUM
fsr-3806	245	8	table	table	NOUN
fsr-3806	245	9	4	4	NUM
fsr-3806	245	10	regression	regression	NOUN
fsr-3806	245	11	estimates	estimate	NOUN
fsr-3806	245	12	for	for	ADP
fsr-3806	245	13	the	the	DET
fsr-3806	245	14	sample	sample	NOUN
fsr-3806	245	15	of	of	ADP
fsr-3806	245	16	497	497	NUM
fsr-3806	245	17	nyse	nyse	PROPN
fsr-3806	245	18	/	/	SYM
fsr-3806	245	19	amex	amex	PROPN
fsr-3806	245	20	firms	firm	NOUN
fsr-3806	245	21	and	and	CCONJ
fsr-3806	245	22	531	531	NUM
fsr-3806	245	23	nasdaq	nasdaq	NOUN
fsr-3806	245	24	firms	firm	NOUN
fsr-3806	245	25	coefficient	coefficient	VERB
fsr-3806	245	26	nyse	nyse	PROPN
fsr-3806	245	27	nasdaq	nasdaq	PROPN
fsr-3806	245	28	difference	difference	NOUN
fsr-3806	245	29	t	t	PROPN
fsr-3806	245	30	l	l	NOUN
fsr-3806	245	31	°	°	PROPN
fsr-3806	245	32	0.264	0.264	NUM
fsr-3806	245	33	+0.001	+0.001	NOUN
fsr-3806	245	34	-0.263	-0.263	PUNCT
fsr-3806	245	35	(	(	PUNCT
fsr-3806	245	36	-3.97	-3.97	NOUN
fsr-3806	245	37	"	"	PUNCT
fsr-3806	245	38	*	*	NOUN
fsr-3806	245	39	*	*	PUNCT
fsr-3806	245	40	)	)	PUNCT
fsr-3806	245	41	(	(	PUNCT
fsr-3806	245	42	+0.01	+0.01	PROPN
fsr-3806	245	43	)	)	PUNCT
fsr-3806	245	44	(	(	PUNCT
fsr-3806	245	45	-2.67	-2.67	NOUN
fsr-3806	245	46	*	*	PUNCT
fsr-3806	245	47	*	*	PUNCT
fsr-3806	245	48	*	*	PUNCT
fsr-3806	245	49	)	)	PUNCT
fsr-3806	246	1	~/2	~/2	PROPN
fsr-3806	246	2	+0.019	+0.019	PROPN
fsr-3806	246	3	-0.000	-0.000	PUNCT
fsr-3806	246	4	+0.019	+0.019	PROPN
fsr-3806	246	5	(	(	PUNCT
fsr-3806	246	6	+3.66	+3.66	ADP
fsr-3806	246	7	*	*	NOUN
fsr-3806	246	8	*	*	PUNCT
fsr-3806	246	9	*	*	PUNCT
fsr-3806	246	10	)	)	PUNCT
fsr-3806	246	11	(	(	PUNCT
fsr-3806	246	12	-0.05	-0.05	NUM
fsr-3806	246	13	)	)	PUNCT
fsr-3806	246	14	(	(	PUNCT
fsr-3806	246	15	2.35	2.35	NUM
fsr-3806	246	16	*	*	NOUN
fsr-3806	246	17	*	*	NOUN
fsr-3806	246	18	)	)	PUNCT
fsr-3806	246	19	notes	note	NOUN
fsr-3806	246	20	:	:	PUNCT
fsr-3806	246	21	*	*	PUNCT
fsr-3806	246	22	*	*	PUNCT
fsr-3806	246	23	*	*	PUNCT
fsr-3806	246	24	significant	significant	ADJ
fsr-3806	246	25	at	at	ADP
fsr-3806	246	26	the	the	DET
fsr-3806	246	27	1	1	NUM
fsr-3806	246	28	%	%	NOUN
fsr-3806	246	29	level	level	NOUN
fsr-3806	246	30	;	;	PUNCT
fsr-3806	246	31	*	*	PUNCT
fsr-3806	246	32	*	*	PUNCT
fsr-3806	246	33	significant	significant	ADJ
fsr-3806	246	34	at	at	ADP
fsr-3806	246	35	the	the	DET
fsr-3806	246	36	5	5	NUM
fsr-3806	246	37	%	%	NOUN
fsr-3806	246	38	level	level	NOUN
fsr-3806	246	39	;	;	PUNCT
fsr-3806	246	40	*	*	PUNCT
fsr-3806	246	41	significant	significant	ADJ
fsr-3806	246	42	at	at	ADP
fsr-3806	246	43	the	the	DET
fsr-3806	246	44	10	10	NUM
fsr-3806	246	45	%	%	NOUN
fsr-3806	246	46	level	level	NOUN
fsr-3806	246	47	.	.	PUNCT
fsr-3806	247	1	we	we	PRON
fsr-3806	247	2	estimate	estimate	VERB
fsr-3806	247	3	the	the	DET
fsr-3806	247	4	following	follow	VERB
fsr-3806	247	5	regression	regression	NOUN
fsr-3806	247	6	separately	separately	ADV
fsr-3806	247	7	for	for	ADP
fsr-3806	247	8	each	each	DET
fsr-3806	247	9	market	market	NOUN
fsr-3806	247	10	:	:	PUNCT
fsr-3806	247	11	cai~	cai~	VERB
fsr-3806	247	12	ffi	ffi	PROPN
fsr-3806	247	13	~	~	PUNCT
fsr-3806	247	14	!	!	PUNCT
fsr-3806	248	1	+	+	CCONJ
fsr-3806	248	2	~lmveqj	~lmveqj	PRON
fsr-3806	248	3	+	+	CCONJ
fsr-3806	248	4	ej	ej	INTJ
fsr-3806	248	5	where	where	SCONJ
fsr-3806	248	6	:	:	PUNCT
fsr-3806	248	7	=	=	SYM
fsr-3806	248	8	cumulative	cumulative	ADJ
fsr-3806	248	9	abmmnal	abmmnal	ADJ
fsr-3806	248	10	return	return	NOUN
fsr-3806	248	11	for	for	ADP
fsr-3806	248	12	firm	firm	ADJ
fsr-3806	248	13	j	j	PROPN
fsr-3806	248	14	from	from	ADP
fsr-3806	248	15	day	day	NOUN
fsr-3806	248	16	t	t	NOUN
fsr-3806	248	17	=	=	PUNCT
fsr-3806	249	1	+	+	ADJ
fsr-3806	249	2	l	l	NOUN
fsr-3806	249	3	to	to	ADP
fsr-3806	249	4	t	t	PROPN
fsr-3806	249	5	=	=	SYM
fsr-3806	249	6	+30	+30	NOUN
fsr-3806	249	7	;	;	PUNCT
fsr-3806	249	8	~	~	PUNCT
fsr-3806	249	9	j	j	PROPN
fsr-3806	249	10	ffi	ffi	PROPN
fsr-3806	249	11	iog(mar~	iog(mar~	ADJ
fsr-3806	249	12	value	value	NOUN
fsr-3806	249	13	of	of	ADP
fsr-3806	249	14	equity	equity	NOUN
fsr-3806	249	15	of	of	ADP
fsr-3806	249	16	firm	firm	PROPN
fsr-3806	249	17	j	j	PROPN
fsr-3806	249	18	)	)	PUNCT
fsr-3806	249	19	;	;	PUNCT
fsr-3806	249	20	t	t	PROPN
fsr-3806	249	21	-	-	PUNCT
fsr-3806	249	22	statistics	statistic	NOUN
fsr-3806	249	23	in	in	ADP
fsr-3806	249	24	parentheses	parenthesis	NOUN
fsr-3806	249	25	test	test	VERB
fsr-3806	249	26	the	the	DET
fsr-3806	249	27	null	null	ADJ
fsr-3806	249	28	hypothesis	hypothesis	NOUN
fsr-3806	249	29	that	that	PRON
fsr-3806	249	30	the	the	DET
fsr-3806	249	31	parameter	parameter	NOUN
fsr-3806	249	32	estimate	estimate	NOUN
fsr-3806	249	33	is	be	AUX
fsr-3806	249	34	not	not	PART
fsr-3806	249	35	significantly	significantly	ADV
fsr-3806	249	36	different	different	ADJ
fsr-3806	249	37	than	than	ADP
fsr-3806	249	38	zero	zero	NUM
fsr-3806	249	39	.	.	PUNCT
fsr-3806	250	1	the	the	DET
fsr-3806	250	2	significance	significance	NOUN
fsr-3806	250	3	of	of	ADP
fsr-3806	250	4	the	the	DET
fsr-3806	250	5	differences	difference	NOUN
fsr-3806	250	6	between	between	ADP
fsr-3806	250	7	the	the	DET
fsr-3806	250	8	two	two	NUM
fsr-3806	250	9	markets	market	NOUN
fsr-3806	250	10	of	of	ADP
fsr-3806	250	11	the	the	DET
fsr-3806	250	12	intercept	intercept	NOUN
fsr-3806	250	13	and	and	CCONJ
fsr-3806	250	14	slope	slope	NOUN
fsr-3806	250	15	estimates	estimate	NOUN
fsr-3806	250	16	are	be	AUX
fsr-3806	250	17	estimated	estimate	VERB
fsr-3806	250	18	from	from	ADP
fsr-3806	250	19	a	a	DET
fsr-3806	250	20	dummy	dummy	ADJ
fsr-3806	250	21	variable	variable	ADJ
fsr-3806	250	22	regression	regression	NOUN
fsr-3806	250	23	model	model	NOUN
fsr-3806	250	24	.	.	PUNCT
fsr-3806	251	1	significance	significance	NOUN
fsr-3806	251	2	levels	level	NOUN
fsr-3806	251	3	are	be	AUX
fsr-3806	251	4	for	for	ADP
fsr-3806	251	5	two	two	NUM
fsr-3806	251	6	-	-	PUNCT
fsr-3806	251	7	tailed	tail	VERB
fsr-3806	251	8	tests	test	NOUN
fsr-3806	251	9	.	.	PUNCT
fsr-3806	252	1	it	it	PRON
fsr-3806	252	2	is	be	AUX
fsr-3806	252	3	possible	possible	ADJ
fsr-3806	252	4	that	that	SCONJ
fsr-3806	252	5	the	the	DET
fsr-3806	252	6	inverse	inverse	NOUN
fsr-3806	252	7	relationship	relationship	NOUN
fsr-3806	252	8	between	between	ADP
fsr-3806	252	9	size	size	NOUN
fsr-3806	252	10	and	and	CCONJ
fsr-3806	252	11	return	return	NOUN
fsr-3806	252	12	for	for	ADP
fsr-3806	252	13	nyse	nyse	PROPN
fsr-3806	252	14	/	/	SYM
fsr-3806	252	15	amex	amex	PROPN
fsr-3806	252	16	stocks	stock	NOUN
fsr-3806	252	17	is	be	AUX
fsr-3806	252	18	a	a	DET
fsr-3806	252	19	result	result	NOUN
fsr-3806	252	20	of	of	ADP
fsr-3806	252	21	the	the	DET
fsr-3806	252	22	bid	bid	NOUN
fsr-3806	252	23	-	-	PUNCT
fsr-3806	252	24	ask	ask	NOUN
fsr-3806	252	25	bias	bias	NOUN
fsr-3806	252	26	in	in	ADP
fsr-3806	252	27	those	those	DET
fsr-3806	252	28	stocks	stock	NOUN
fsr-3806	252	29	for	for	ADP
fsr-3806	252	30	which	which	PRON
fsr-3806	252	31	we	we	PRON
fsr-3806	252	32	did	do	AUX
fsr-3806	252	33	not	not	PART
fsr-3806	252	34	adjust	adjust	VERB
fsr-3806	252	35	.	.	PUNCT
fsr-3806	253	1	recall	recall	NOUN
fsr-3806	253	2	that	that	SCONJ
fsr-3806	253	3	returns	return	NOUN
fsr-3806	253	4	were	be	AUX
fsr-3806	253	5	computed	compute	VERB
fsr-3806	253	6	from	from	ADP
fsr-3806	253	7	the	the	DET
fsr-3806	253	8	bid	bid	NOUN
fsr-3806	253	9	-	-	PUNCT
fsr-3806	253	10	ask	ask	NOUN
fsr-3806	253	11	midpoint	midpoint	NOUN
fsr-3806	253	12	for	for	ADP
fsr-3806	253	13	nasdaq	nasdaq	PROPN
fsr-3806	253	14	stocks	stock	NOUN
fsr-3806	253	15	only	only	ADV
fsr-3806	253	16	.	.	PUNCT
fsr-3806	254	1	however	however	ADV
fsr-3806	254	2	,	,	PUNCT
fsr-3806	254	3	we	we	PRON
fsr-3806	254	4	also	also	ADV
fsr-3806	254	5	analyzed	analyze	VERB
fsr-3806	254	6	the	the	DET
fsr-3806	254	7	date	date	NOUN
fsr-3806	254	8	using	use	VERB
fsr-3806	254	9	closing	closing	NOUN
fsr-3806	254	10	prices	price	NOUN
fsr-3806	254	11	for	for	ADP
fsr-3806	254	12	the	the	DET
fsr-3806	254	13	return	return	NOUN
fsr-3806	254	14	series	series	NOUN
fsr-3806	254	15	for	for	ADP
fsr-3806	254	16	both	both	DET
fsr-3806	254	17	nasdaq	nasdaq	PROPN
fsr-3806	254	18	and	and	CCONJ
fsr-3806	254	19	nyse/	nyse/	NUM
fsr-3806	254	20	amex	amex	NOUN
fsr-3806	254	21	.	.	PUNCT
fsr-3806	255	1	those	those	DET
fsr-3806	255	2	results	result	NOUN
fsr-3806	255	3	(	(	PUNCT
fsr-3806	255	4	which	which	PRON
fsr-3806	255	5	are	be	AUX
fsr-3806	255	6	not	not	PART
fsr-3806	255	7	reported	report	VERB
fsr-3806	255	8	)	)	PUNCT
fsr-3806	255	9	are	be	AUX
fsr-3806	255	10	not	not	PART
fsr-3806	255	11	significantly	significantly	ADV
fsr-3806	255	12	different	different	ADJ
fsr-3806	255	13	from	from	ADP
fsr-3806	255	14	the	the	DET
fsr-3806	255	15	results	result	NOUN
fsr-3806	255	16	we	we	PRON
fsr-3806	255	17	report	report	VERB
fsr-3806	255	18	in	in	ADP
fsr-3806	255	19	this	this	DET
fsr-3806	255	20	paper	paper	NOUN
fsr-3806	255	21	,	,	PUNCT
fsr-3806	255	22	suggesting	suggest	VERB
fsr-3806	255	23	our	our	PRON
fsr-3806	255	24	results	result	NOUN
fsr-3806	255	25	are	be	AUX
fsr-3806	255	26	robust	robust	ADJ
fsr-3806	255	27	to	to	ADP
fsr-3806	255	28	the	the	DET
fsr-3806	255	29	method	method	NOUN
fsr-3806	255	30	of	of	ADP
fsr-3806	255	31	estimating	estimate	VERB
fsr-3806	255	32	abnormal	abnormal	ADJ
fsr-3806	255	33	returns	return	NOUN
fsr-3806	255	34	.	.	PUNCT
fsr-3806	256	1	v.	v.	CCONJ
fsr-3806	256	2	summary	summary	NOUN
fsr-3806	256	3	and	and	CCONJ
fsr-3806	256	4	conclusions	conclusion	NOUN
fsr-3806	256	5	we	we	PRON
fsr-3806	256	6	do	do	AUX
fsr-3806	256	7	not	not	PART
fsr-3806	256	8	find	find	VERB
fsr-3806	256	9	compelling	compelling	ADJ
fsr-3806	256	10	evidence	evidence	NOUN
fsr-3806	256	11	that	that	SCONJ
fsr-3806	256	12	short	short	ADJ
fsr-3806	256	13	sellers	seller	NOUN
fsr-3806	256	14	on	on	ADP
fsr-3806	256	15	nasdaq	nasdaq	PROPN
fsr-3806	256	16	are	be	AUX
fsr-3806	256	17	the	the	DET
fsr-3806	256	18	"	"	PUNCT
fsr-3806	256	19	assassins	assassin	NOUN
fsr-3806	256	20	of	of	ADP
fsr-3806	256	21	cor	cor	PROPN
fsr-3806	256	22	porate	porate	PROPN
fsr-3806	256	23	america	america	PROPN
fsr-3806	256	24	"	"	PUNCT
fsr-3806	256	25	portrayed	portray	VERB
fsr-3806	256	26	in	in	ADP
fsr-3806	256	27	the	the	DET
fsr-3806	256	28	financial	financial	ADJ
fsr-3806	256	29	press	press	NOUN
fsr-3806	256	30	.	.	PUNCT
fsr-3806	257	1	during	during	ADP
fsr-3806	257	2	a	a	DET
fsr-3806	257	3	period	period	NOUN
fsr-3806	257	4	in	in	ADP
fsr-3806	257	5	which	which	PRON
fsr-3806	257	6	there	there	PRON
fsr-3806	257	7	was	be	VERB
fsr-3806	257	8	no	no	DET
fsr-3806	257	9	up	up	ADJ
fsr-3806	257	10	tick	tick	NOUN
fsr-3806	257	11	rule	rule	NOUN
fsr-3806	257	12	and	and	CCONJ
fsr-3806	257	13	no	no	DET
fsr-3806	257	14	effective	effective	ADJ
fsr-3806	257	15	prohibitions	prohibition	NOUN
fsr-3806	257	16	against	against	ADP
fsr-3806	257	17	naked	naked	ADJ
fsr-3806	257	18	short	short	ADJ
fsr-3806	257	19	selling	selling	NOUN
fsr-3806	257	20	,	,	PUNCT
fsr-3806	257	21	short	short	ADJ
fsr-3806	257	22	sellers	seller	NOUN
fsr-3806	257	23	did	do	AUX
fsr-3806	257	24	on	on	ADP
fsr-3806	257	25	aver	aver	NOUN
fsr-3806	257	26	age	age	NOUN
fsr-3806	257	27	earn	earn	VERB
fsr-3806	257	28	statistically	statistically	ADV
fsr-3806	257	29	significant	significant	ADJ
fsr-3806	257	30	abnormal	abnormal	ADJ
fsr-3806	257	31	returns	return	NOUN
fsr-3806	257	32	on	on	ADP
fsr-3806	257	33	nasdaq	nasdaq	PROPN
fsr-3806	257	34	securities	security	NOUN
fsr-3806	257	35	.	.	PUNCT
fsr-3806	258	1	however	however	ADV
fsr-3806	258	2	,	,	PUNCT
fsr-3806	258	3	these	these	DET
fsr-3806	258	4	abnormal	abnormal	ADJ
fsr-3806	258	5	returns	return	NOUN
fsr-3806	258	6	were	be	AUX
fsr-3806	258	7	actually	actually	ADV
fsr-3806	258	8	smaller	small	ADJ
fsr-3806	258	9	than	than	ADP
fsr-3806	258	10	those	those	PRON
fsr-3806	258	11	on	on	ADP
fsr-3806	258	12	nyse	nyse	PROPN
fsr-3806	258	13	/	/	SYM
fsr-3806	258	14	amex	amex	PROPN
fsr-3806	258	15	securities	security	NOUN
fsr-3806	258	16	,	,	PUNCT
fsr-3806	258	17	and	and	CCONJ
fsr-3806	258	18	most	most	ADJ
fsr-3806	258	19	of	of	ADP
fsr-3806	258	20	the	the	DET
fsr-3806	258	21	return	return	NOUN
fsr-3806	258	22	occurred	occur	VERB
fsr-3806	258	23	after	after	ADP
fsr-3806	258	24	publication	publication	NOUN
fsr-3806	258	25	of	of	ADP
fsr-3806	258	26	short	short	ADJ
fsr-3806	258	27	sellers	seller	NOUN
fsr-3806	258	28	'	'	PART
fsr-3806	258	29	trading	trading	NOUN
fsr-3806	258	30	positions	position	NOUN
fsr-3806	258	31	in	in	ADP
fsr-3806	258	32	the	the	DET
fsr-3806	258	33	wall	wall	PROPN
fsr-3806	258	34	street	street	PROPN
fsr-3806	258	35	journal	journal	PROPN
fsr-3806	258	36	.	.	PUNCT
fsr-3806	259	1	therefore	therefore	ADV
fsr-3806	259	2	,	,	PUNCT
fsr-3806	259	3	even	even	ADV
fsr-3806	259	4	though	though	SCONJ
fsr-3806	259	5	short	short	ADJ
fsr-3806	259	6	sellers	seller	NOUN
fsr-3806	259	7	in	in	ADP
fsr-3806	259	8	both	both	DET
fsr-3806	259	9	markets	market	NOUN
fsr-3806	259	10	earned	earn	VERB
fsr-3806	259	11	excess	excess	ADJ
fsr-3806	259	12	returns	return	NOUN
fsr-3806	259	13	,	,	PUNCT
fsr-3806	259	14	those	those	DET
fsr-3806	259	15	returns	return	NOUN
fsr-3806	259	16	were	be	AUX
fsr-3806	259	17	also	also	ADV
fsr-3806	259	18	available	available	ADJ
fsr-3806	259	19	to	to	ADP
fsr-3806	259	20	individual	individual	ADJ
fsr-3806	259	21	investors	investor	NOUN
fsr-3806	259	22	.	.	PUNCT
fsr-3806	260	1	furthermore	furthermore	ADV
fsr-3806	260	2	,	,	PUNCT
fsr-3806	260	3	it	it	PRON
fsr-3806	260	4	appears	appear	VERB
fsr-3806	260	5	that	that	SCONJ
fsr-3806	260	6	short	short	ADJ
fsr-3806	260	7	sellers	seller	NOUN
fsr-3806	260	8	did	do	AUX
fsr-3806	260	9	not	not	PART
fsr-3806	260	10	destabilize	destabilize	VERB
fsr-3806	260	11	markets	market	NOUN
fsr-3806	260	12	by	by	ADP
fsr-3806	260	13	selling	sell	VERB
fsr-3806	260	14	into	into	ADP
fsr-3806	260	15	falling	fall	VERB
fsr-3806	260	16	markets	market	NOUN
fsr-3806	260	17	and	and	CCONJ
fsr-3806	260	18	exacerbating	exacerbate	VERB
fsr-3806	260	19	price	price	NOUN
fsr-3806	260	20	drops	drop	NOUN
fsr-3806	260	21	.	.	PUNCT
fsr-3806	261	1	instead	instead	ADV
fsr-3806	261	2	,	,	PUNCT
fsr-3806	261	3	they	they	PRON
fsr-3806	261	4	added	add	VERB
fsr-3806	261	5	liquidity	liquidity	NOUN
fsr-3806	261	6	,	,	PUNCT
fsr-3806	261	7	selling	sell	VERB
fsr-3806	261	8	into	into	ADP
fsr-3806	261	9	rising	rise	VERB
fsr-3806	261	10	markets	market	NOUN
fsr-3806	261	11	by	by	ADP
fsr-3806	261	12	shorting	short	VERB
fsr-3806	261	13	stocks	stock	NOUN
fsr-3806	261	14	that	that	PRON
fsr-3806	261	15	had	have	VERB
fsr-3806	261	16	expe	expe	NOUN
fsr-3806	261	17	rienced	rience	VERB
fsr-3806	261	18	large	large	ADJ
fsr-3806	261	19	price	price	NOUN
fsr-3806	261	20	increases	increase	NOUN
fsr-3806	261	21	in	in	ADP
fsr-3806	261	22	the	the	DET
fsr-3806	261	23	thirty	thirty	NUM
fsr-3806	261	24	days	day	NOUN
fsr-3806	261	25	prior	prior	ADV
fsr-3806	261	26	to	to	ADP
fsr-3806	261	27	the	the	DET
fsr-3806	261	28	establishment	establishment	NOUN
fsr-3806	261	29	of	of	ADP
fsr-3806	261	30	their	their	PRON
fsr-3806	261	31	positions	position	NOUN
fsr-3806	261	32	.	.	PUNCT
fsr-3806	262	1	we	we	PRON
fsr-3806	262	2	do	do	AUX
fsr-3806	262	3	,	,	PUNCT
fsr-3806	262	4	however	however	ADV
fsr-3806	262	5	,	,	PUNCT
fsr-3806	262	6	document	document	VERB
fsr-3806	262	7	some	some	DET
fsr-3806	262	8	evidence	evidence	NOUN
fsr-3806	262	9	that	that	SCONJ
fsr-3806	262	10	nasdaq	nasdaq	PROPN
fsr-3806	262	11	short	short	ADJ
fsr-3806	262	12	sellers	seller	NOUN
fsr-3806	262	13	,	,	PUNCT
fsr-3806	262	14	unlike	unlike	ADP
fsr-3806	262	15	those	those	PRON
fsr-3806	262	16	who	who	PRON
fsr-3806	262	17	trade	trade	VERB
fsr-3806	262	18	in	in	ADP
fsr-3806	262	19	nsyfjamex	nsyfjamex	NOUN
fsr-3806	262	20	securities	security	NOUN
fsr-3806	262	21	,	,	PUNCT
fsr-3806	262	22	may	may	AUX
fsr-3806	262	23	be	be	AUX
fsr-3806	262	24	more	more	ADV
fsr-3806	262	25	susceptible	susceptible	ADJ
fsr-3806	262	26	to	to	ADP
fsr-3806	262	27	"	"	PUNCT
fsr-3806	262	28	short	short	ADJ
fsr-3806	262	29	squeezes	squeeze	NOUN
fsr-3806	262	30	"	"	PUNCT
fsr-3806	262	31	which	which	PRON
fsr-3806	262	32	drive	drive	VERB
fsr-3806	262	33	up	up	ADP
fsr-3806	262	34	stock	stock	NOUN
fsr-3806	262	35	prices	price	NOUN
fsr-3806	262	36	and	and	CCONJ
fsr-3806	262	37	result	result	VERB
fsr-3806	262	38	in	in	ADP
fsr-3806	262	39	substantial	substantial	ADJ
fsr-3806	262	40	short	short	ADJ
fsr-3806	262	41	-	-	PUNCT
fsr-3806	262	42	selling	sell	VERB
fsr-3806	262	43	losses	loss	NOUN
fsr-3806	262	44	.	.	PUNCT
fsr-3806	263	1	our	our	PRON
fsr-3806	263	2	results	result	NOUN
fsr-3806	263	3	cast	cast	VERB
fsr-3806	263	4	some	some	DET
fsr-3806	263	5	doubt	doubt	NOUN
fsr-3806	263	6	on	on	ADP
fsr-3806	263	7	the	the	DET
fsr-3806	263	8	appropriateness	appropriateness	NOUN
fsr-3806	263	9	of	of	ADP
fsr-3806	263	10	the	the	DET
fsr-3806	263	11	regulatory	regulatory	ADJ
fsr-3806	263	12	reforms	reform	NOUN
fsr-3806	263	13	recently	recently	ADV
fsr-3806	263	14	established	establish	VERB
fsr-3806	263	15	for	for	ADP
fsr-3806	263	16	nasdaq	nasdaq	PROPN
fsr-3806	263	17	and	and	CCONJ
fsr-3806	263	18	the	the	DET
fsr-3806	263	19	prev	prev	PROPN
fsr-3806	263	20	alent	alent	NOUN
fsr-3806	263	21	public	public	ADJ
fsr-3806	263	22	concern	concern	NOUN
fsr-3806	263	23	over	over	ADP
fsr-3806	263	24	short	short	ADJ
fsr-3806	263	25	-	-	PUNCT
fsr-3806	263	26	selling	sell	VERB
fsr-3806	263	27	abuses	abuse	NOUN
fsr-3806	263	28	in	in	ADP
fsr-3806	263	29	the	the	DET
fsr-3806	263	30	nasdaq	nasdaq	PROPN
fsr-3806	263	31	market	market	NOUN
fsr-3806	263	32	.	.	PUNCT
fsr-3806	264	1	however	however	ADV
fsr-3806	264	2	,	,	PUNCT
fsr-3806	264	3	too	too	ADV
fsr-3806	264	4	many	many	ADJ
fsr-3806	264	5	short	short	ADJ
fsr-3806	264	6	selling	selling	NOUN
fsr-3806	264	7	and	and	CCONJ
fsr-3806	264	8	trading	trading	NOUN
fsr-3806	264	9	abuses	abuse	NOUN
fsr-3806	264	10	39	39	NUM
fsr-3806	264	11	other	other	ADJ
fsr-3806	264	12	structural	structural	ADJ
fsr-3806	264	13	differences	difference	NOUN
fsr-3806	264	14	exist	exist	VERB
fsr-3806	264	15	between	between	ADP
fsr-3806	264	16	the	the	DET
fsr-3806	264	17	two	two	NUM
fsr-3806	264	18	markets	market	NOUN
fsr-3806	264	19	for	for	SCONJ
fsr-3806	264	20	us	we	PRON
fsr-3806	264	21	to	to	PART
fsr-3806	264	22	draw	draw	VERB
fsr-3806	264	23	a	a	DET
fsr-3806	264	24	definitive	definitive	ADJ
fsr-3806	264	25	con	con	NOUN
fsr-3806	264	26	clusion	clusion	NOUN
fsr-3806	264	27	.	.	PUNCT
fsr-3806	265	1	we	we	PRON
fsr-3806	265	2	intend	intend	VERB
fsr-3806	265	3	in	in	ADP
fsr-3806	265	4	future	future	ADJ
fsr-3806	265	5	research	research	NOUN
fsr-3806	265	6	to	to	PART
fsr-3806	265	7	examine	examine	VERB
fsr-3806	265	8	the	the	DET
fsr-3806	265	9	effect	effect	NOUN
fsr-3806	265	10	of	of	ADP
fsr-3806	265	11	recent	recent	ADJ
fsr-3806	265	12	regulatory	regulatory	ADJ
fsr-3806	265	13	changes	change	NOUN
fsr-3806	265	14	on	on	ADP
fsr-3806	265	15	nasdaq	nasdaq	NOUN
fsr-3806	265	16	by	by	ADP
fsr-3806	265	17	comparing	compare	VERB
fsr-3806	265	18	our	our	PRON
fsr-3806	265	19	results	result	NOUN
fsr-3806	265	20	in	in	ADP
fsr-3806	265	21	this	this	DET
fsr-3806	265	22	paper	paper	NOUN
fsr-3806	265	23	on	on	ADP
fsr-3806	265	24	nasdaq	nasdaq	PROPN
fsr-3806	265	25	short	short	ADV
fsr-3806	265	26	-	-	PUNCT
fsr-3806	265	27	selling	sell	VERB
fsr-3806	265	28	activity	activity	NOUN
fsr-3806	265	29	before	before	ADP
fsr-3806	265	30	the	the	DET
fsr-3806	265	31	changes	change	NOUN
fsr-3806	265	32	to	to	ADP
fsr-3806	265	33	recent	recent	ADJ
fsr-3806	265	34	activity	activity	NOUN
fsr-3806	265	35	after	after	ADP
fsr-3806	265	36	those	those	DET
fsr-3806	265	37	changes	change	NOUN
fsr-3806	265	38	.	.	PUNCT
fsr-3806	266	1	r	r	NOUN
fsr-3806	266	2	e	e	NOUN
fsr-3806	266	3	f	f	PROPN
fsr-3806	266	4	e	e	NOUN
fsr-3806	266	5	r	r	NOUN
fsr-3806	266	6	e	e	NOUN
fsr-3806	266	7	n	n	NOUN
fsr-3806	266	8	c	c	NOUN
fsr-3806	266	9	e	e	NOUN
fsr-3806	266	10	s	s	PROPN
fsr-3806	266	11	as]m	as]m	PROPN
fsr-3806	266	12	,	,	PUNCT
fsr-3806	266	13	c.	c.	PROPN
fsr-3806	266	14	,	,	PUNCT
fsr-3806	266	15	&	&	CCONJ
fsr-3806	266	16	gunay	gunay	PROPN
fsr-3806	266	17	,	,	PUNCT
fsr-3806	266	18	e.	e.	PROPN
fsr-3806	266	19	(	(	PUNCT
fsr-3806	266	20	1995	1995	NUM
fsr-3806	266	21	)	)	PUNCT
fsr-3806	266	22	.	.	PUNCT
fsr-3806	267	1	an	an	DET
fsr-3806	267	2	empirical	empirical	ADJ
fsr-3806	267	3	analysis	analysis	NOUN
fsr-3806	267	4	of	of	ADP
fsr-3806	267	5	the	the	DET
fsr-3806	267	6	causal	causal	ADJ
fsr-3806	267	7	relationship	relationship	NOUN
fsr-3806	267	8	between	between	ADP
fsr-3806	267	9	short	short	ADJ
fsr-3806	267	10	inter	inter	X
fsr-3806	267	11	est	est	X
fsr-3806	267	12	and	and	CCONJ
fsr-3806	267	13	stock	stock	NOUN
fsr-3806	267	14	prices	price	NOUN
fsr-3806	267	15	.	.	PUNCT
fsr-3806	268	1	journal	journal	PROPN
fsr-3806	268	2	of	of	ADP
fsr-3806	268	3	business	business	NOUN
fsr-3806	268	4	finance	finance	NOUN
fsr-3806	268	5	and	and	CCONJ
fsr-3806	268	6	accounting	accounting	NOUN
fsr-3806	268	7	,	,	PUNCT
fsr-3806	268	8	22	22	NUM
fsr-3806	268	9	,	,	PUNCT
fsr-3806	268	10	733	733	NUM
fsr-3806	268	11	-	-	SYM
fsr-3806	268	12	747	747	NUM
fsr-3806	268	13	.	.	PUNCT
fsr-3806	269	1	biggs	biggs	PROPN
fsr-3806	269	2	,	,	PUNCT
fsr-3806	269	3	b.	b.	PROPN
fsr-3806	269	4	(	(	PUNCT
fsr-3806	269	5	1966	1966	NUM
fsr-3806	269	6	)	)	PUNCT
fsr-3806	269	7	.	.	PUNCT
fsr-3806	270	1	the	the	DET
fsr-3806	270	2	short	short	ADJ
fsr-3806	270	3	interest	interest	NOUN
fsr-3806	270	4	:	:	PUNCT
fsr-3806	270	5	a	a	DET
fsr-3806	270	6	false	false	ADJ
fsr-3806	270	7	proverb	proverb	NOUN
fsr-3806	270	8	.	.	PUNCT
fsr-3806	271	1	financialanalysts	financialanalyst	NOUN
fsr-3806	271	2	journal	journal	PROPN
fsr-3806	271	3	,	,	PUNCT
fsr-3806	271	4	22	22	NUM
fsr-3806	271	5	,	,	PUNCT
fsr-3806	271	6	111	111	NUM
fsr-3806	271	7	-	-	SYM
fsr-3806	271	8	116	116	NUM
fsr-3806	271	9	.	.	PUNCT
fsr-3806	272	1	brown	brown	PROPN
fsr-3806	272	2	,	,	PUNCT
fsr-3806	272	3	s.	s.	PROPN
fsr-3806	272	4	,	,	PUNCT
fsr-3806	272	5	&	&	CCONJ
fsr-3806	272	6	warner	warner	PROPN
fsr-3806	272	7	,	,	PUNCT
fsr-3806	272	8	j.	j.	PROPN
fsr-3806	272	9	(	(	PUNCT
fsr-3806	272	10	1980	1980	NUM
fsr-3806	272	11	)	)	PUNCT
fsr-3806	272	12	.	.	PUNCT
fsr-3806	273	1	measuring	measure	VERB
fsr-3806	273	2	security	security	NOUN
fsr-3806	273	3	price	price	NOUN
fsr-3806	273	4	performance	performance	NOUN
fsr-3806	273	5	.	.	PUNCT
fsr-3806	274	1	journal	journal	NOUN
fsr-3806	274	2	of	of	ADP
fsr-3806	274	3	financial	financial	ADJ
fsr-3806	274	4	eco	eco	PROPN
fsr-3806	274	5	nomics	nomic	NOUN
fsr-3806	274	6	,	,	PUNCT
fsr-3806	274	7	8	8	NUM
fsr-3806	274	8	,	,	PUNCT
fsr-3806	274	9	205	205	NUM
fsr-3806	274	10	-	-	SYM
fsr-3806	274	11	258	258	NUM
fsr-3806	274	12	.	.	PUNCT
fsr-3806	274	13	brown	brown	PROPN
fsr-3806	274	14	,	,	PUNCT
fsr-3806	274	15	s.	s.	PROPN
fsr-3806	274	16	,	,	PUNCT
fsr-3806	274	17	&	&	CCONJ
fsr-3806	274	18	warner	warner	PROPN
fsr-3806	274	19	,	,	PUNCT
fsr-3806	274	20	j.	j.	PROPN
fsr-3806	274	21	(	(	PUNCT
fsr-3806	274	22	1985	1985	NUM
fsr-3806	274	23	)	)	PUNCT
fsr-3806	274	24	.	.	PUNCT
fsr-3806	275	1	using	use	VERB
fsr-3806	275	2	daily	daily	ADJ
fsr-3806	275	3	stock	stock	NOUN
fsr-3806	275	4	returns	return	NOUN
fsr-3806	275	5	:	:	PUNCT
fsr-3806	275	6	the	the	DET
fsr-3806	275	7	case	case	NOUN
fsr-3806	275	8	of	of	ADP
fsr-3806	275	9	event	event	NOUN
fsr-3806	275	10	studies	study	NOUN
fsr-3806	275	11	.	.	PUNCT
fsr-3806	276	1	journal	journal	PROPN
fsr-3806	276	2	of	of	ADP
fsr-3806	276	3	financial	financial	ADJ
fsr-3806	276	4	economics	economic	NOUN
fsr-3806	276	5	,	,	PUNCT
fsr-3806	276	6	14	14	NUM
fsr-3806	276	7	,	,	PUNCT
fsr-3806	276	8	3	3	NUM
fsr-3806	276	9	-	-	SYM
fsr-3806	276	10	31	31	NUM
fsr-3806	276	11	.	.	PUNCT
fsr-3806	277	1	choie	choie	NOUN
fsr-3806	277	2	,	,	PUNCT
fsr-3806	277	3	il	il	PROPN
fsr-3806	277	4	,	,	PUNCT
fsr-3806	277	5	&	&	CCONJ
fsr-3806	277	6	hwang	hwang	PROPN
fsr-3806	277	7	,	,	PUNCT
fsr-3806	277	8	s.	s.	PROPN
fsr-3806	277	9	(	(	PUNCT
fsr-3806	277	10	1994	1994	NUM
fsr-3806	277	11	)	)	PUNCT
fsr-3806	277	12	.	.	PUNCT
fsr-3806	278	1	profitability	profitability	NOUN
fsr-3806	278	2	of	of	ADP
fsr-3806	278	3	short	short	ADJ
fsr-3806	278	4	selling	selling	NOUN
fsr-3806	278	5	and	and	CCONJ
fsr-3806	278	6	exploitability	exploitability	NOUN
fsr-3806	278	7	of	of	ADP
fsr-3806	278	8	short	short	ADJ
fsr-3806	278	9	information	information	NOUN
fsr-3806	278	10	.	.	PUNCT
fsr-3806	279	1	journal	journal	PROPN
fsr-3806	279	2	of	of	ADP
fsr-3806	279	3	portfolio	portfolio	NOUN
fsr-3806	279	4	management	management	NOUN
fsr-3806	279	5	,	,	PUNCT
fsr-3806	279	6	20	20	NUM
fsr-3806	279	7	,	,	PUNCT
fsr-3806	279	8	33	33	NUM
fsr-3806	279	9	-	-	SYM
fsr-3806	279	10	38	38	NUM
fsr-3806	279	11	.	.	PUNCT
fsr-3806	279	12	diamond	diamond	NOUN
fsr-3806	279	13	,	,	PUNCT
fsr-3806	279	14	d.	d.	PROPN
fsr-3806	279	15	,	,	PUNCT
fsr-3806	279	16	&	&	CCONJ
fsr-3806	279	17	verrecchia	verrecchia	PROPN
fsr-3806	279	18	,	,	PUNCT
fsr-3806	279	19	j.	j.	PROPN
fsr-3806	279	20	(	(	PUNCT
fsr-3806	279	21	1987	1987	NUM
fsr-3806	279	22	)	)	PUNCT
fsr-3806	279	23	.	.	PUNCT
fsr-3806	280	1	constraints	constraint	NOUN
fsr-3806	280	2	on	on	ADP
fsr-3806	280	3	short	short	ADJ
fsr-3806	280	4	selling	selling	NOUN
fsr-3806	280	5	and	and	CCONJ
fsr-3806	280	6	asset	asset	NOUN
fsr-3806	280	7	price	price	NOUN
fsr-3806	280	8	adjustment	adjustment	NOUN
fsr-3806	280	9	to	to	ADP
fsr-3806	280	10	pri	pri	PROPN
fsr-3806	280	11	vate	vate	ADJ
fsr-3806	280	12	information	information	NOUN
fsr-3806	280	13	.	.	PUNCT
fsr-3806	281	1	journal	journal	NOUN
fsr-3806	281	2	of	of	ADP
fsr-3806	281	3	financial	financial	ADJ
fsr-3806	281	4	economics	economic	NOUN
fsr-3806	281	5	,	,	PUNCT
fsr-3806	281	6	18	18	NUM
fsr-3806	281	7	,	,	PUNCT
fsr-3806	281	8	277	277	NUM
fsr-3806	281	9	-	-	SYM
fsr-3806	281	10	311	311	NUM
fsr-3806	281	11	.	.	PUNCT
fsr-3806	282	1	figlewski	figlewski	PROPN
fsr-3806	282	2	,	,	PUNCT
fsr-3806	282	3	s.	s.	PROPN
fsr-3806	282	4	(	(	PUNCT
fsr-3806	282	5	1981	1981	NUM
fsr-3806	282	6	)	)	PUNCT
fsr-3806	282	7	.	.	PUNCT
fsr-3806	283	1	the	the	DET
fsr-3806	283	2	informational	informational	ADJ
fsr-3806	283	3	effects	effect	NOUN
fsr-3806	283	4	of	of	ADP
fsr-3806	283	5	restrictions	restriction	NOUN
fsr-3806	283	6	on	on	ADP
fsr-3806	283	7	short	short	ADJ
fsr-3806	283	8	sales	sale	NOUN
fsr-3806	283	9	:	:	PUNCT
fsr-3806	283	10	some	some	DET
fsr-3806	283	11	empirical	empirical	ADJ
fsr-3806	283	12	evi	evi	NOUN
fsr-3806	283	13	dence	dence	NOUN
fsr-3806	283	14	.	.	PUNCT
fsr-3806	284	1	journal	journal	NOUN
fsr-3806	284	2	of	of	ADP
fsr-3806	284	3	financial	financial	ADJ
fsr-3806	284	4	and	and	CCONJ
fsr-3806	284	5	quantitative	quantitative	ADJ
fsr-3806	284	6	analysis	analysis	NOUN
fsr-3806	284	7	,	,	PUNCT
fsr-3806	284	8	16	16	NUM
fsr-3806	284	9	,	,	PUNCT
fsr-3806	284	10	463	463	NUM
fsr-3806	284	11	-	-	SYM
fsr-3806	284	12	476	476	NUM
fsr-3806	284	13	.	.	PUNCT
fsr-3806	285	1	kerrigan	kerrigan	PROPN
fsr-3806	285	2	,	,	PUNCT
fsr-3806	285	3	t.	t.	PROPN
fsr-3806	285	4	(	(	PUNCT
fsr-3806	285	5	1974	1974	NUM
fsr-3806	285	6	)	)	PUNCT
fsr-3806	285	7	.	.	PUNCT
fsr-3806	286	1	the	the	DET
fsr-3806	286	2	short	short	ADJ
fsr-3806	286	3	interest	interest	NOUN
fsr-3806	286	4	ratio	ratio	NOUN
fsr-3806	286	5	and	and	CCONJ
fsr-3806	286	6	its	its	PRON
fsr-3806	286	7	component	component	NOUN
fsr-3806	286	8	parts	part	NOUN
fsr-3806	286	9	.	.	PUNCT
fsr-3806	287	1	financialanalysts	financialanalyst	NOUN
fsr-3806	287	2	journal	journal	PROPN
fsr-3806	287	3	,	,	PUNCT
fsr-3806	287	4	30	30	NUM
fsr-3806	287	5	,	,	PUNCT
fsr-3806	287	6	45	45	NUM
fsr-3806	287	7	-	-	SYM
fsr-3806	287	8	49	49	NUM
fsr-3806	287	9	.	.	PUNCT
fsr-3806	288	1	mayor	mayor	PROPN
fsr-3806	288	2	,	,	PUNCT
fsr-3806	288	3	t.	t.	PROPN
fsr-3806	288	4	(	(	PUNCT
fsr-3806	288	5	1968	1968	NUM
fsr-3806	288	6	)	)	PUNCT
fsr-3806	288	7	.	.	PUNCT
fsr-3806	289	1	short	short	ADJ
fsr-3806	289	2	trading	trading	NOUN
fsr-3806	289	3	activity	activity	NOUN
fsr-3806	289	4	and	and	CCONJ
fsr-3806	289	5	the	the	DET
fsr-3806	289	6	price	price	NOUN
fsr-3806	289	7	of	of	ADP
fsr-3806	289	8	equities	equity	NOUN
fsr-3806	289	9	:	:	PUNCT
fsr-3806	289	10	some	some	DET
fsr-3806	289	11	simulation	simulation	NOUN
fsr-3806	289	12	and	and	CCONJ
fsr-3806	289	13	regression	regression	NOUN
fsr-3806	289	14	results	result	NOUN
fsr-3806	289	15	.	.	PUNCT
fsr-3806	290	1	journal	journal	NOUN
fsr-3806	290	2	of	of	ADP
fsr-3806	290	3	financial	financial	ADJ
fsr-3806	290	4	and	and	CCONJ
fsr-3806	290	5	quantitative	quantitative	ADJ
fsr-3806	290	6	analysis	analysis	NOUN
fsr-3806	290	7	,	,	PUNCT
fsr-3806	290	8	3	3	NUM
fsr-3806	290	9	,	,	PUNCT
fsr-3806	290	10	283	283	NUM
fsr-3806	290	11	-	-	SYM
fsr-3806	290	12	298	298	NUM
fsr-3806	290	13	.	.	PUNCT
fsr-3806	291	1	pollack	pollack	PROPN
fsr-3806	291	2	,	,	PUNCT
fsr-3806	291	3	i.	i.	PROPN
fsr-3806	291	4	(	(	PUNCT
fsr-3806	291	5	1986	1986	NUM
fsr-3806	291	6	)	)	PUNCT
fsr-3806	291	7	.	.	PUNCT
fsr-3806	292	1	short	short	ADJ
fsr-3806	292	2	-	-	PUNCT
fsr-3806	292	3	sale	sale	NOUN
fsr-3806	292	4	regulation	regulation	NOUN
fsr-3806	292	5	of	of	ADP
fsr-3806	292	6	nasdaq	nasdaq	PROPN
fsr-3806	292	7	securities	security	NOUN
fsr-3806	292	8	.	.	PUNCT
fsr-3806	293	1	washington	washington	PROPN
fsr-3806	293	2	i)c	i)c	PROPN
fsr-3806	293	3	:	:	PUNCT
fsr-3806	293	4	national	national	ADJ
fsr-3806	293	5	associa	associa	NOUN
fsr-3806	293	6	tion	tion	NOUN
fsr-3806	293	7	of	of	ADP
fsr-3806	293	8	securities	security	NOUN
fsr-3806	293	9	dealers	dealer	NOUN
fsr-3806	293	10	.	.	PUNCT
fsr-3806	294	1	power	power	NOUN
fsr-3806	294	2	,	,	PUNCT
fsr-3806	294	3	william	william	PROPN
fsr-3806	294	4	,	,	PUNCT
fsr-3806	294	5	(	(	PUNCT
fsr-3806	294	6	1995	1995	NUM
fsr-3806	294	7	,	,	PUNCT
fsr-3806	294	8	february	february	PROPN
fsr-3806	294	9	28	28	NUM
fsr-3806	294	10	)	)	PUNCT
fsr-3806	294	11	.	.	PUNCT
fsr-3806	295	1	sec	sec	PROPN
fsr-3806	295	2	charges	charge	VERB
fsr-3806	295	3	trader	trader	NOUN
fsr-3806	295	4	with	with	ADP
fsr-3806	295	5	free	free	ADJ
fsr-3806	295	6	-	-	PUNCT
fsr-3806	295	7	riding	riding	NOUN
fsr-3806	295	8	in	in	ADP
fsr-3806	295	9	alleged	allege	VERB
fsr-3806	295	10	short	short	ADJ
fsr-3806	295	11	selling	selling	NOUN
fsr-3806	295	12	fraud	fraud	NOUN
fsr-3806	295	13	scheme	scheme	NOUN
fsr-3806	295	14	.	.	PUNCT
fsr-3806	296	1	the	the	DET
fsr-3806	296	2	wall	wall	PROPN
fsr-3806	296	3	street	street	PROPN
fsr-3806	296	4	journal	journal	PROPN
fsr-3806	296	5	,	,	PUNCT
fsr-3806	296	6	p.	p.	NOUN
fsr-3806	296	7	b-5	b-5	NUM
fsr-3806	296	8	.	.	PUNCT
fsr-3806	297	1	senchack	senchack	NOUN
fsr-3806	297	2	,	,	PUNCT
fsr-3806	297	3	a.	a.	PROPN
fsr-3806	297	4	jr	jr	PROPN
fsr-3806	297	5	.	.	PROPN
fsr-3806	297	6	,	,	PUNCT
fsr-3806	297	7	&	&	CCONJ
fsr-3806	297	8	starks	starks	PROPN
fsr-3806	297	9	,	,	PUNCT
fsr-3806	297	10	l.	l.	PROPN
fsr-3806	297	11	(	(	PUNCT
fsr-3806	297	12	1993	1993	NUM
fsr-3806	297	13	)	)	PUNCT
fsr-3806	297	14	.	.	PUNCT
fsr-3806	298	1	short	short	ADJ
fsr-3806	298	2	sale	sale	NOUN
fsr-3806	298	3	restrictions	restriction	NOUN
fsr-3806	298	4	and	and	CCONJ
fsr-3806	298	5	market	market	NOUN
fsr-3806	298	6	reaction	reaction	NOUN
fsr-3806	298	7	to	to	ADP
fsr-3806	298	8	short	short	ADJ
fsr-3806	298	9	-	-	PUNCT
fsr-3806	298	10	interest	interest	NOUN
fsr-3806	298	11	announcements	announcement	NOUN
fsr-3806	298	12	.	.	PUNCT
fsr-3806	299	1	journal	journal	NOUN
fsr-3806	299	2	of	of	ADP
fsr-3806	299	3	financial	financial	ADJ
fsr-3806	299	4	and	and	CCONJ
fsr-3806	299	5	quantitative	quantitative	ADJ
fsr-3806	299	6	analysis	analysis	NOUN
fsr-3806	299	7	,	,	PUNCT
fsr-3806	299	8	28	28	NUM
fsr-3806	299	9	,	,	PUNCT
fsr-3806	299	10	177	177	NUM
fsr-3806	299	11	-	-	SYM
fsr-3806	299	12	194	194	NUM
fsr-3806	299	13	.	.	PUNCT
fsr-3806	300	1	seneca	seneca	PROPN
fsr-3806	300	2	,	,	PUNCT
fsr-3806	300	3	j.	j.	PROPN
fsr-3806	300	4	(	(	PUNCT
fsr-3806	300	5	1967	1967	NUM
fsr-3806	300	6	)	)	PUNCT
fsr-3806	300	7	.	.	PUNCT
fsr-3806	301	1	short	short	ADJ
fsr-3806	301	2	interest	interest	NOUN
fsr-3806	301	3	:	:	PUNCT
fsr-3806	301	4	bullish	bullish	ADJ
fsr-3806	301	5	or	or	CCONJ
fsr-3806	301	6	bearish.9	bearish.9	PROPN
fsr-3806	301	7	journal	journal	NOUN
fsr-3806	301	8	of	of	ADP
fsr-3806	301	9	finance	finance	NOUN
fsr-3806	301	10	,	,	PUNCT
fsr-3806	301	11	22	22	NUM
fsr-3806	301	12	,	,	PUNCT
fsr-3806	301	13	67	67	NUM
fsr-3806	301	14	-	-	SYM
fsr-3806	301	15	70	70	NUM
fsr-3806	301	16	.	.	PUNCT
fsr-3806	302	1	smith	smith	PROPN
fsr-3806	302	2	,	,	PUNCT
fsr-3806	302	3	r.	r.	PROPN
fsr-3806	302	4	(	(	PUNCT
fsr-3806	302	5	1968	1968	NUM
fsr-3806	302	6	)	)	PUNCT
fsr-3806	302	7	.	.	PUNCT
fsr-3806	303	1	short	short	ADJ
fsr-3806	303	2	interest	interest	NOUN
fsr-3806	303	3	and	and	CCONJ
fsr-3806	303	4	stock	stock	NOUN
fsr-3806	303	5	market	market	NOUN
fsr-3806	303	6	prices	price	NOUN
fsr-3806	303	7	.	.	PUNCT
fsr-3806	304	1	financial	financial	ADJ
fsr-3806	304	2	analysts	analyst	NOUN
fsr-3806	304	3	journal	journal	NOUN
fsr-3806	304	4	,	,	PUNCT
fsr-3806	304	5	24	24	NUM
fsr-3806	304	6	,	,	PUNCT
fsr-3806	304	7	151	151	NUM
fsr-3806	304	8	-	-	SYM
fsr-3806	304	9	154	154	NUM
fsr-3806	304	10	.	.	PUNCT
fsr-3806	305	1	vu	vu	PROPN
fsr-3806	305	2	,	,	PUNCT
fsr-3806	305	3	j.	j.	PROPN
fsr-3806	305	4	,	,	PUNCT
fsr-3806	305	5	&	&	CCONJ
fsr-3806	305	6	caster	caster	PROPN
fsr-3806	305	7	,	,	PUNCT
fsr-3806	305	8	p.	p.	NOUN
fsr-3806	305	9	(	(	PUNCT
fsr-3806	305	10	1987	1987	NUM
fsr-3806	305	11	)	)	PUNCT
fsr-3806	305	12	.	.	PUNCT
fsr-3806	306	1	why	why	SCONJ
fsr-3806	306	2	all	all	DET
fsr-3806	306	3	the	the	DET
fsr-3806	306	4	interest	interest	NOUN
fsr-3806	306	5	in	in	ADP
fsr-3806	306	6	short	short	ADJ
fsr-3806	306	7	interest	interest	NOUN
fsr-3806	306	8	?	?	PUNCT
fsr-3806	307	1	financialanalysts	financialanalyst	NOUN
fsr-3806	307	2	journal	journal	PROPN
fsr-3806	307	3	,	,	PUNCT
fsr-3806	307	4	43	43	NUM
fsr-3806	307	5	,	,	PUNCT
fsr-3806	307	6	76	76	NUM
fsr-3806	307	7	79	79	NUM
fsr-3806	307	8	.	.	PUNCT
fsr-3806	308	1	weiss	weiss	PROPN
fsr-3806	308	2	,	,	PUNCT
fsr-3806	308	3	gary	gary	PROPN
fsr-3806	308	4	.	.	PUNCT
fsr-3806	309	1	(	(	PUNCT
fsr-3806	309	2	1996	1996	NUM
fsr-3806	309	3	,	,	PUNCT
fsr-3806	309	4	august	august	PROPN
fsr-3806	309	5	5	5	NUM
fsr-3806	309	6	)	)	PUNCT
fsr-3806	309	7	.	.	PUNCT
fsr-3806	310	1	the	the	DET
fsr-3806	310	2	secret	secret	ADJ
fsr-3806	310	3	world	world	NOUN
fsr-3806	310	4	of	of	ADP
fsr-3806	310	5	short	short	ADJ
fsr-3806	310	6	sellers	seller	NOUN
fsr-3806	310	7	.	.	PUNCT
fsr-3806	311	1	business	business	NOUN
fsr-3806	311	2	week	week	NOUN
fsr-3806	311	3	,	,	PUNCT
fsr-3806	311	4	pp	pp	ADJ
fsr-3806	311	5	.	.	PUNCT
fsr-3806	312	1	62	62	NUM
fsr-3806	312	2	-	-	SYM
fsr-3806	312	3	68	68	NUM
fsr-3806	312	4	.	.	PUNCT
fsr-3806	312	5	woolridge	woolridge	PROPN
fsr-3806	312	6	,	,	PUNCT
fsr-3806	312	7	j.	j.	PROPN
fsr-3806	312	8	,	,	PUNCT
fsr-3806	312	9	&	&	CCONJ
fsr-3806	312	10	dickinson	dickinson	PROPN
fsr-3806	312	11	,	,	PUNCT
fsr-3806	312	12	a.	a.	NOUN
fsr-3806	312	13	(	(	PUNCT
fsr-3806	312	14	1994	1994	NUM
fsr-3806	312	15	)	)	PUNCT
fsr-3806	312	16	.	.	PUNCT
fsr-3806	313	1	short	short	ADJ
fsr-3806	313	2	selling	selling	NOUN
fsr-3806	313	3	and	and	CCONJ
fsr-3806	313	4	common	common	ADJ
fsr-3806	313	5	stock	stock	NOUN
fsr-3806	313	6	prices	price	NOUN
fsr-3806	313	7	.	.	PUNCT
fsr-3806	314	1	financial	financial	ADJ
fsr-3806	314	2	analysts	analyst	NOUN
fsr-3806	314	3	journal	journal	NOUN
fsr-3806	314	4	,	,	PUNCT
fsr-3806	314	5	50	50	NUM
fsr-3806	314	6	,	,	PUNCT
fsr-3806	314	7	20	20	NUM
fsr-3806	314	8	-	-	SYM
fsr-3806	314	9	28	28	NUM
fsr-3806	314	10	.	.	PUNCT