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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (2176)4/9/1999 2:44:00 PM
From: Anaxagoras  Read Replies (1) of 2506
 
Yes, it would have been a nice play, but alas, as usual, Schwab wouldn't let me near it- "This security can not be sold short" message returned. It pisses me off when they do that- they should say instead "This security can not be sold short through Schwab" [because we are a stick-in-the-mud when it comes to crappy stocks- we only let you short the good companies, the ones nobody in their right mind would short unless it were simply on "overvaluation" [which, BTW, is never a sufficient condition for a good short]. Now, if you want to long it, that's another matter, go ahead- but you're not allowed to make money shorting it. :-(

Rave on, oh Anaxagoras, rave on....
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