SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boquacious who wrote (37658)6/3/1999 10:26:00 AM
From: Colin Cody  Read Replies (1) of 122087
 
Bodqua, that's amazing (to me) I have never seen a broker allow OTC-BB to be margined, or shorted (not that I go around shaking the tress every day either)... I even discussed this with a NASD Short Sale Analyst in December who stated unequivicably, (at least this is how I went away from the discussion) that OTC-BB are not marginable, period.

That the only way to short an OTC-BB stock was to obtain a separate written hypotiction agreement from a holder of the OTC-BB shares.

Perhaps Yamner gets these agreements for small retail short positions?? Or I just don't know what... I've discussed the ability to short with many brokerage margin depts and compliance depts over the years and they are all in lock-step telling me "no, can do it"

How's yamner's fee structure?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext