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To: Joseph Beltran who wrote (122210)9/15/2001 6:55:44 PM
From: posthumousone  Read Replies (2) of 436258
 
This is the new 'patriotic?' strategy that is being recommended to stop those evilllllll shorts.

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List all your shares for sell GTC at prices 4 or 5 times the current price, with no expectation of selling, so they cannot be 'borrowed' to support a short sale. Please think about your trading next week, and do not fall into the hands of the terrorists who want our markets and economy to collapse further. Do not help them. Hold your positions. This is not 'business as usual' on the markets. Have some restraint and think about it. God bless America.

Stop the terrorists' accomplices, the Monday Shorts.

To short a stock, a brokerage usually borrows it from their clients accounts. You don't even know this is happening. It is also quite possible that your stock has already been used by a brokerage to support a short position made by the terrorists prior to their attack, "knowing" that the scared Americans will sell their stocks, making their short position profitable and therby helping finance their next attacks. Just imagine their glee, "not only did we destroy and kill, but now the fools are financing our operation by selling their stocks!"

An easy way to stop it is to enter good until cancelled sell orders on all your stocks AT HIGH PRICES YOU KNOW WILL NOT EXECUTE, e.g., put a sell on MSFT at $100. The brokerabge firms will not use stock with sell orders to support short positions. If they cannot find enough stock to borrow, the short position cannot be opened.

This costs you ABSOLUTELY NOTHING and will help frustrate the Monday shorts.

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hmmmmm what about those people who just want to sell because there stocks continue to remain overvalued and face a riskier environment???? Would I be labeled a terrorists' accomplice if I just sold cuz i was not comfortable holding the stock????????????????
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