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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Doug who wrote (12043)2/22/2001 4:02:41 PM
From: exdaytrader76  Read Replies (1) of 18137
 
Re: new broker for shorting

Often I am allowed to short new issues (IPO's) a short time ( 1 week and less)

If you do get another broker, you might want to keep the old account open. It seems that your current broker is pretty liberal in what they let you short.

You said that you experienced buy-ins with big cap stocks (NT I think). Maybe in the new account you could short whatever you were allowed, and keep the old account to short whatever the new firm would not allow.
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