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Microcap & Penny Stocks : LifeOne, Inc. (LONE)

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To: frick who wrote (1163)6/6/1999 10:11:00 AM
From: paper man   of 1834
 
frick. I probably agree that it is LEGAL if your position is in margin, and ILLEGAL if your position is in cash. BUT, as to whether or not it comes to question ( cash/short/illegal ) would only arise if the brokerage failed to honor your position in cash account....

My quess is every brokwer can buy and cover without you ever finding out.

At NDB and their SHERWOOD group making the market, do you honestly believe that "in house tallies" of certain staocks are not manipulated to balance a load.......need/no need.?

anyway, the technicality in your question stands and is correct.

good luck
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