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Technology Stocks : IPOs: Too many, too fast, to little buyers?
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To: ynot who wrote (22)7/21/1999 10:52:00 AM
From: Wayners  Read Replies (1) of 84
 
I think you meant you were sory you missed the one day flip of PDYN. If your broker loans you shares of an IPO, your broker is in violation of SEC regulation. If your broker catches you doing it, I'd expect them to cover the short at the market and close your account. IPOs are not marginable and are therefore not borrowable. Federal Reserve publishes a list of stocks that are marginable every quarter I think.
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