Anthony @ Equity Investigations, Dear Anthony, 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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Barronio who wrote (37510)	6/2/1999 11:59:00 AM
From: Colin Cody	Read Replies (2) of 122087

Barronio, IPOs basically CAN NOT be shorted. Sure there are exceptions. One might sell shares (not short) and never make delivery, for example. But in the U.S.A. unless the IPO shares have been hypothicated they can not generally, legally be lent out to a shorter to borrow (for the first 30 days). Under such circumstances there just aren't really any shares AVAILABLE to borrow. It's not necessarily a PROHIBITION from shorting... it is a general derth of shares that cause this situation. Calling your attorney to browbeat your retail broker to force him to borrow shares for you, IMO, is foolhardy. Colin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next