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Strategies & Market Trends : Roger's 1997 Short Picks

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To: vegetarian who wrote (8396)12/15/1997 5:42:00 PM
From: Mama Bear  Read Replies (1) of 9285
 
>>>I doubt you can do that unless someone is willing to lend their worthless shares for you to cover<<<

Umm, don't you mean "sell" me their worthless shares? I survived a trading suspension with SOLV (now SOLVQ). BXMNF shares are available for less than a penny. IDID still trades (I guess that was mever marginable though). If it's declared worthless, I'm sure my broker would close the trade somehow. It's 2.50/share in cash or 5/share of buying power to keep the position open. While not convenient, these are problems some people wish for. It is a rather pleasant inconvenience.

Barb!
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