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Pastimes : Learning To Invest Correctly - A Shared Experience

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To: Patricia Meaney who wrote (146)	7/29/1998 6:18:00 PM
From: Mama Bear	of 253

"When and is it wise to have certificates issued in order to lessen the float so that fewer shares can be borrowed for shorting?" I think the only reason to certificate your shares is if you come up with some reason directly related to your situation. It is my understanding that keeping your shares in the type 1 (cash) section of your account will accomplish the same thing. I keep all my longs in my margin account, because I want to be able to use the increased buying power to maximize my returns. I try to never let tangential issues like taxes and short sellers become part of my investment decision. You can take this with a grain of salt if you wish, as I'm a well known short seller. But short selling is a legitimate investing tool, and helps add stability to the market. Barb

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