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Non-Tech : MB TRADING
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To: wmwmw who wrote (2632)12/7/1998 10:52:00 PM
From: Colin Cody   of 7382
 
I tried to short a stock today (ONSL) and the system at first accepted the order but then within 2 seconds canceled the order with a message that the stock is not borrowable.

So is this a good trick to use: Place an order to short 100 shares of the stock at an unreasonably high price. If the system takes it... it must be borrowable. Otherwise it gets rejected with the "not borrowable" message.

Colin
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