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

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To: The Street who wrote (838)9/22/1998 7:29:00 AM
From: taxikid  Read Replies (2) of 1637
 
You didn't prove anything useful. Try and get your broker to do the "naked" short you talked about on a stock that is unmarginable.
please define the following, mr know it all.
1) naked short
2) boxed short
3) synthetic short
4) "covered" short
define also which ones require which types of accounts, and explain
how you can do anything other than a short with a single account at a brokerage.
i don't believe that you discussed the possibility of stocks being unavailable thru standard or well known brokers.
Lesser known brokerage houses charge exorbinantly high clearing fees on stocks with less MM coverage.
so you better not be "right" you had better be really really right,
you can be right for 20% and lose money- when the broker charges you 3 cents per share on each side of the trade on a $.25 stock.
then you have other taxable issues.
you wish you were 20? why?
to be closer to the legal drinking age?
i think you are either an unscrupulous penny stock pumper/dumper, or worse,
a wannabe....
good luck.
taxi
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