SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve host who wrote (291)9/8/1999 7:57:00 AM
From: Boquacious  Read Replies (2) of 516
 
I am so afraid to tell you that you are wrong. Where does this prohibition come from by the way. I see no mention of it in rule 10a-1. Indeed, there was a proposal recommending that a prohibition of shorting ipos be in effect for only 10 days (not even close to 30)--however this is only a proposal. See this link sec.gov

it takes three days to get the shares after an IPO and I have shorted on the 3rd day. Anything before 3 would probably be a naked short -- and that dear boy is illegal in this jurisdiction.

forget that link--let me try again
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext