XYBR - Xybernaut Message Board

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Technology Stocks : XYBR - Xybernaut

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To: Jay Hardy who wrote (753)	5/20/1998 11:41:00 AM
From: Kimberly Lee	Read Replies (2) of 6847

<<Kimberly, if you are shorting this you are doing it illegally. It is a non-marginable security at the moment and as been for some time. I don't appreciate the dishonesty of such posts at all.>> It's an amateur's myth that one cannot short a non-marginable security. So long as one has abundant funds in ones cash account, you can short the equity with quite a few brokerage firms. Intra-day shorts are even easier. If you have to carry it over night, that may require some paperwork. Besides, the marginable status varies from brokers to brokers. I suggest you go over to the Nasdaq Trader site to read up on shorting rules if you are inclined to further your education in that area. Kimberly

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