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Non-Tech : MB TRADING
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To: Ross who wrote (107)5/3/1998 11:19:00 PM
From: ojai   of 7382
 
Ross-

Thanks for clearing that up. There seems to be a lot of confusion about shorting stocks. It says right in your info pack that we need to call in if we want to carry a short overnite, which I haven't done by the way. Also, when I "borrow" stock to do a short sell, there is always the possibility that the stock can be called back in from the "lendee" if I understand things right. This rarely happens, due to normal float levels and trade volumes, but KTEL was obviously an exception. BTW, thanks for not having KTEL available to short, I would have shorted it and gotten killed!
-ojai
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