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.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (10316)2/10/1999 1:00:00 PM
From: moby_dick  Read Replies (2) of 122087
 
Hey Anthony - Question for the guru - What is the difference in a "sell short" position and one that is "sell, not long". The reason why I ask is that, when I shorted SATH this AM, I accidently pressed the "sell" button and not the "sell short" button. The trade executed anyway and in effect I am still short the stock. The broker told me that all I have to do to flatten the position is "buy" the stock back not "buy to cover".

The reason I am interested is that E*Trade has listed SATH as non-shortable so you cannot "sell short"; however, it did allow me to "sell". Did I do something illegal, or is this a loophole in the system? Curious what your thoughts would be on this?

Thanks,
Moby.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News