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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.99+3.9%Dec 19 9:30 AM EST

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To: StockHawk who wrote (10577)3/4/1999 2:19:00 PM
From: Triffin  Read Replies (2) of 56535
 
StockHawk..PLCO/PLCOP

Now I remember..Checked with my clearing firm at the time
and it was impossible to borrow common to short against a long
PLCOP position..I wanted to sit in the trade until the PLCOP
was convertible and convert out..only way I was willing to play..

Jim in CT..that's why the spread is so wide .. all the stock
that can be 'borrowed' has been borrowed.. I just checked with
'stock loan' and they have a permanent 'fail' on this one
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