Americans 4 "No Own - No Sell" Message Board

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Strategies & Market Trends : Americans 4 "No Own - No Sell"

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To: Ga Bard who wrote (177)	10/2/2001 9:44:30 AM
From: Moominoid	Read Replies (2) of 455

From what I understand a lot of the stock that is shorted comes from institutions who get paid a lease rate on the stock lent. From what I've read often the reason why a retial broker limits shorting of a stock is that the shortage of stock has pushed up the lease rate. And as far as I understand too you could only sell stock through a broker who is a member of the NYSE/NASDAQ/AMEX. Of course that doesn't apply if the stock is listed on a foreign exchange. Then the local rules apply to the local stock. But that seems fair to me too. David

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