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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: rrufff who wrote (3375)1/2/2005 6:00:44 PM
From: Walkingshadow   of 8752
 
I know there's a lot of sleazy things, some legal, some not, that go on in that arena. The link Reid posted details some of these, and as you say, they often involve foreign markets.

That was basically my understanding: that shorting BB stocks (and very thinly traded stocks in general) is for practical reasons rarely possible for retailers like myself.

In that link, however, they do state it is essentially illegal. This makes little sense to me, and they do not explain the statement. I think maybe they mean that the most types of shares that might be borrowed for shorting purposes would result in illegal shorting if one tried to do it because of the restrictions on the share classes, but NOT that shorting those stocks is illegal.

Regardless, as you say, it is not easily done.

T
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