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Pastimes : SEC Investigations /Lawsuits - Let's keep SI stds up

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To: QuietWon who wrote ()3/16/1999 12:36:00 PM
From: QuietWon   of 117
 
Short selling & assuming there is no security (pfd shrs, etc) offshore: I have noticed for example on a stock that it cannot be sold short at a few brokerages. Suppose it is not available at others. Suppose there is no other security to short offshore.

Then, is it a market maker only, that can short and those offshore shorters ? How can offshore short something that does not exist?

Is this manipulation? Why in one case with the above assumptions is one company's price taken up to $84 (and dropped the next day) whereas with another co the price is not allowed to rise much (maybe 1/2 pt or so).

Is that maintaiining an 'orderly' market? ie market maker responsibility

Is that offshore shorting illegal?
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