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Technology Stocks : XYBR - Xybernaut

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To: rrufff who wrote (3479)3/19/2000 5:23:00 PM
From: StockDung  Read Replies (1) of 6847
 
RRufff, why have you not started a call your certs campaign like the CNLG shareholders are doing? I still laugh everytime I see a post like this. Call in your certs, bring out your dead!!

By: Dakine64
Reply To: 2117 by Dakine64 Saturday, 18 Mar 2000 at 7:21 PM EST
Post # of 2160


PartyTime and CNLG Shareholders

Make sure your CNLG shares are in your "CASH" account. You have may purchased your shares with "CASH" but your broker may have placed them in your "MARGIN" account. Many brokers will place your shares in your "MARGIN" account if there is heavy "SHORT SELLING' activity and shares are difficult to borrow.

Brokers are prohibited from lending shares to "SHORT SELLERS" if they are "SCHEDULED" for sale or your shares are in your "CASH" account.

Monday will be INTERESTING!!

What happens sometimes also is when you "ASK" for your shares to be placed in your "CASH" account is your broker cant find shares to place in your account. Your broker is then forced to "BUY IN" the "SHORT SELLER",closing the "SHORTS" position.
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