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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (1537)	7/31/1998 12:25:00 AM
From: chester lee	Read Replies (1) of 2506

<<Before trading starts the next day, the NASD informs all the market makers etc. that the stock will not trade (I think this is part of what they call their daily list, although this again is one of those details I'm fuzzy on after so much time has passed).]>> John and thread, This is a wild guess on my part, but this may be the reason Datek made EASTE non marginable today. I know pre-market orders were accepted and executed (and maybe a few execution just after the open). No body ever said Datek was timely in responding to even the NASD. If the ability to short EASTE resumes tomorrow, than I'll consider my conjecture wrong. chester

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