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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: GeneM who wrote (563)12/16/1997 12:50:00 AM
From: Art C.  Read Replies (1) of 1672
 
Gene---on a serious note and slightly off topic, I have a couple of questions about shorting. It's my understanding, as you commented, that you can't short a stock unless the price is at a certain level. There is, however, some shady entities in the BB market that is willing to short illegally. Is there any way to find out if there is any short positions on this stock? Hraka knows what I am talking about----he and I both spent some time on another thread (OVIS). Also I understand that the shares that you own cannot be loaned for short positions if you work from a cash account. Is that true?

Art
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