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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Brooks Jackson who wrote (2944)2/14/1998 8:56:00 AM
From: Earthdog  Read Replies (2) of 18691
 
Brooks,

I had the same problem trying to short WDRY with Schwab when it was around 29. Also, couldn't short PNDA or CFON after trying numerous times. I called Schwab to complain and they said, in the case with PNDA and CFON there were no shares available. With WDRY they said it didn't "fit in their criteria." Whatever that meant. I pressed them on "their criteria" and they couldn't give me a decent answer. I'm seriously thinking of switching to another broker.

If anyone has any suggestions on what online broker to switch to I'd like to hear them. The reason why I've stayed with Scwhab this long is because I like Schwab 500's abilitiy to sift out stocks based on certain criteria that I look for. Maybe there's already a website that could do that. Any help appreciated.

Regards,
Allan
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