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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: dumbmoney who wrote (151)9/24/1998 2:39:00 PM
From: Harpo  Read Replies (1) of 172
 
<<Datek just called, they forced me to cover my short position in SRCM. Has anyone else experienced this today? Maybe that would explain the jump in volume today. A first for me, I am loth to unload though it's a good thing I sold them above 13. (I still have a modest short pos. thru ameritrade)>>

I posted above on SRCM thread. I was wondering if it's possible for the mm's to force a move like that or if it's more likely that it's an unfortunate coincidence.
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