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Pastimes : The New Qualcomm - write what you like thread.
QCOM 173.43-0.8%Dec 29 3:59 PM EST
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To: A.J. Mullen who wrote (7140)4/27/2005 8:14:15 PM
From: A.J. Mullen  Read Replies (2) of 12246
 
Ah I see. Schwab can borrow stocks from anyone who has a negative balance with them without any authorization from the owner of the stock. Maybe that's why I didn't take any action, Maurice, I didn't need to.

Fewer people buying on margin these days, but there's still a desire to short. Thus, Schwab is prepared to pay up. Still, I thought shares generally had to be above $5 to be shortable?
Ashley
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