Biotech Stock Picking for Charity - 2006 Message Board

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Biotech / Medical : Biotech Stock Picking for Charity - 2006

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To: scaram(o)uche who wrote (149)	1/4/2006 11:43:37 AM
From: keokalani'nui	Read Replies (1) of 592

Way back in 2001 this issue was raised obliquely, not having to be faced head on. The feeling by then moderater and enforcer was "start a separate short-biotech portfolio contest." The Problem as I see it: to have an honest short portfolio you have to put up the % equity and be -% short, pay margin interest, own marginable stocks, follow the up-tick rule, etc. Wouldn't that mean, first, that there really could not be a 100% short portfolio? As some percentage would have to be in cash or treasuries, right? And about the marginable stocks, who's to say what can be borrowed short? Anyway, I'm against it for this contest. No puts, calls or cattle straddles. Just buy and hold, as the man said.

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