CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS Message Board

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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: The Street who wrote (790)	9/20/1998 7:58:00 AM
From: taxikid	Read Replies (1) of 1637

first off, it's taxi, not kid. i don't know who you deal with, but the brokers of the 100+ odd people i know who trade/online invest and deal with for the most part, WILL NOT ALLOW short selling stocks less than $5. I have found some unscrupulous brokers that will allow $4 stocks as "marginable, thus "shortable". short interest is also unreliable in thinly traded companies, as they are little followed. so i guess i am talking about non-marginable stocks.. if ya can't hold it in yer account and margin against it, ya can't short it. YES Market Makers can short stocks. i don't wish to bet against a market maker when the stock is not marginable. As the "specialist" who provides liquidity,i would not wanna buy what he is dumping.especially a penny stock. that's about it.

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