DCI Telecommunications - DCTC Today Message Board

STOCKTALK

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.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: De Peepster who wrote (15815)	4/24/1999 10:22:00 AM
From: Colin Cody	Read Replies (1) of 19331

USA IPOs are type 1 securities (cash account) for the first 30 calendar days. Shares in a type 1 account may generally not be borrowed, and therefore they are not available for shorting. Only after the 30 days may IPOs be purchased "on margin" and/or placed in the type 2 accounts. Once this happens, they can be hypothecated and shorting begins. Colin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next