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Technology Stocks : OnSale Inc.
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To: TraderTerry who wrote (2044)11/30/1998 4:51:00 PM
From: SecularBull  Read Replies (2) of 4903
 
You're unlikely to be able to find any brokerage who is going to do much more for you. My full service brokerage restricted shares of ONSL today to prevent any shorting against-the-box. They didn't have the shares in inventory to permit such an action. It didn't matter to me, since I own options on it; not shares. I took the drop as an opportunity to buy more.

In any event, I think it's better that some limitations are placed on the ability of most to trade this stock on margin or short it. This has the tendency of protecting people from themselves.

Regards,

LONGonDELL
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