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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: Ken Brown who wrote (78)8/3/1998 11:42:00 AM
From: Ken Brown  Read Replies (1) of 172
 
My guess - and it is only that - is that I am now short 2x as many shares, with the new shares having a short basis of $7.50.

Sounded logical to me, but according to my broker, it's wrong. I was told SIEB's offer has no affect on my short position. I hope he's right!

Ken
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