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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Caroline who wrote (1931)10/21/1998 11:30:00 AM
From: chester lee  Read Replies (2) of 2506
 
Caroline, can't comment on e-Trade, as I never did business with them, but I will say that Datek is not a firm you want to trade with, if you don't like UN-announced buy-in of your shorts. Yesterday having read about a bunch of UN-announced buy-in, I decided to look at my Datek account (which I haven't done for days), only to discover they had bought in my position on OCOM.

If your primary reason for datek is for shorting, you probably should reconsider. Popular shorts like ALTIF, SRCM, TERA (and I few others) have been marked "NS" indicating No Shares, some for several weeks now.

chester
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