Quarterdeck: Making a Striking Comeback! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Quarterdeck: Making a Striking Comeback!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jesse Livermore who wrote (1772)	11/20/1997 1:50:00 AM
From: Jerry Whlan	Read Replies (1) of 3307

So, maybe we are seeing selling to keep the price artificially low? Except, if they can't short under 5, where are they getting the stock to sell now? Strange but true: It is legal to short a stock under $5 if your broker is in Canda, the NASD rules don't apply, even though they are working with US securities. Additionally, it is possible for the "big boys" to put up collateral like restricted shares to short through other means, similar to how Reg S shorters gut a company. I don't know how feasible it is to short against shares that are restricted for 6 months or more.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next