SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Redman who wrote (34804)1/11/1999 4:43:00 PM
From: Wallace Rivers  Read Replies (1) of 95453
 
This is my understanding, and anyone should check with his or her accountant before acting - one can short "against the box", but the delivery of borrowed shares (effectively closing out the position) must take place within the first month of the next calendar year. I.E. short against the box 1/11/99, January '00 is the only month you can close out your position (go net flat position).
EDIT:
Have not heard about the 4 month holding period, as posted by others - will look into it.
Again, everyone, please check with a professional before doing ANYTHING.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News