SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.05+2.9%Jan 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slipnsip who wrote (5220)6/9/1998 6:56:00 AM
From: gbh   of 164684
 
Does Datek make markets in securities?? I understand they have their little Island trading system, but I bet they make markets as well.

Yes, my understanding is they do. In fact, they state as much on their snail-mail trade confirmations.

Think about it, how could one firm consistantly have shares to short when no others appear to??

I agree with your assessment. However, one guy on the Datek thread yesterday was unable to short KTEL. He said he got some message while trying to enter the trade like "Cannot short this stock today". I generally don't short stocks with as thin a float as AMZN, but I've never seen this message.

Oh well, I 'll let the thread know if these shares get called away.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext