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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (2292)1/2/1999 8:15:00 AM
From: FawnVu  Read Replies (6) of 122087
 
Anthony and All...Most of you mentioned about sell shorting MLRE...it is a very good candidate for shorting but can you do it with the OTC BB stock???? I tried shrting some OTC BBs several times in the past with my broker Fidelity but they said no....I heard that only Canadian can short our OTC BB stocks... I found a lot of current OTC BBs with outrageous price such as MBTI (now at 7 5/8..was 14s on Wednesday) that can be shorted...Also, sometimes it was so hard to get shares to sell short...I tried MALL, SKYM, AAGP, and GIII but no shares were available...I suspected that timing may be problem because when the stock starts tanking it is being shorted and all shares have been already borrowed...It means you have to be ahead of the game one step....Am I correct??? Your explanation in these scenarios are appreciated...Fawn
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