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Gold/Mining/Energy : Day trading in Canada

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To: Buckey who wrote (1216)11/17/1998 12:56:00 AM
From: Harley Davidson   of 4467
 
I think you will find that using a discount broker will limit your shorting abilities. I assume it is the same in the states but the broker must find a lender of the stock in order to short it

You are correct. The broker has to find the shares first, then they can 'loan' them out for a short sale. Also, as a general rule, anything $5.00 and under can't be shorted. Although, I have had an order fill at 4 5/8.....

Jim
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