Avtel Communication (AVCO) Message Board

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Technology Stocks : Avtel Communication (AVCO)

AVCO 2.120

+2.4%

Oct 31 3:59 PM EST

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To: HiSpeed who wrote (77)	11/13/1998 12:36:00 AM
From: Gerald Walls	Read Replies (2) of 461

I thought a stock had to be over $5 to be shortable. This thing was only $2 yesterday. Most brokerage firms require a $5 price to open a short and may impose additional margin constraints if the stock drops below $5, but none will close your short because the stock drops below $5. Look at a one-year chart: quote.yahoo.com On a two-year chart you'll see that this thing's traded as high as 20: quote.yahoo.com

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