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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: eims2000 who wrote (19085)3/10/1999 12:43:00 PM
From: Mama Bear  Read Replies (3) of 122087
 
"My question was why did it sell at less than $5. I always thoght that was against SEC regs. "

Nah, that's just a general house rule, not a SEC reg or exchange rule. Most houses don't allow it because it's easy for a stock to move against you severely, and they don't want the risk. I've heard Schwab will allow shorts down to 3 1/2.

Barb
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