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Strategies & Market Trends : Asia Forum

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To: Derrick P. who wrote (6057)9/1/1998 9:54:00 AM
From: Robert Douglas  Read Replies (2) of 9980
 
Derrick,

Could have been better as I've had a few roadblocks with my broker. Last week he told me he could not get me any AMZN to short when I tried to at 121, now 80.

Sounds like you should shop around for a new broker, one that does a lot of short selling. Most stocks can be borrowed, although sometimes you have to pay a bit for it. Your broker was probably reluctant to go outside the firm to borrow the stock. These guys make a ton on short sales (Do you get a short interest rebate?) and it's crazy they won't give any of it up.

-Robert
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