Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: ChrisJP who wrote (3486)	7/8/2001 12:04:47 PM
From: Jim Bishop	of 6873

Chris, here's what I actually said below. LOL someone in LIVE on Friday asked if MVEE could be shorted...my reply was something like: well if Global let you, using the 100% plus .50 a share, to short MVEE 1 million shares at .006 you would need the initial 600 bucks in your account.......plus $500,000.00, and what is your maximum possible gain on that short? Six hundred bucks. Also Canadians who are not classed as traders by CCRA should note that all shorts are treated as income (gain or loss) and cannot be used as capital gains, or losses. To:SSP who wrote (87505) From: Jim Bishop Friday, Jun 29, 2001 1:23 PM Respond to of 87747 Here's the deal with Global Securities and shorting BB's. Margin required for over .50 BB's 200% Margin required for under .50 BB's 100% PLUS .50 (FIFTY CENTS) PER SHARE!

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