DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! Message Board

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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!

DGIV 0.00

Dec 5 4:00 PM EST

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To: Just-a-thought who wrote (15151)	6/23/1998 4:10:00 PM
From: ANALYST10	Read Replies (1) of 50264

You are incorrect A market maker is unlike the public. Firstly, the $5 rule is merely for purposes of marginable securities and this is only where the public is concerned. Second, Bulletin Board stocks are non marginable and can only be shorted by the investing public through Canada, although its not 100% kosher. A market maker can short any Bulletin Board stock at will. If a market maker could not short a stock then it would be possible for there to be no offer which is obviously unreasonable. The only thing that a market maker cannot do is short an IPO. The public is the only one that needs the ability to borrow the stock. These rules For your information can be confirmed through calling NASDAQ in case any one has a question regarding this matter.

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