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Microcap & Penny Stocks : NCDR -- Ignore unavailable to you. Want to Upgrade?

To: Arthur_Porcari who wrote (1084)	6/20/1999 3:29:00 PM
From: afrayem onigwecher	Respond to of 1440

Am I correct in assuming that I must register at: freerealtime.com to get a password? YES !!!! and it is a free registration

To: Arthur_Porcari who wrote (1084)	6/21/1999 8:43:00 PM
From: Bear Down	Read Replies (1) \| Respond to of 1440

For anyone inclined to give even a shread of credibility to Athur Porco and his rant about shorting BB's being illegal, read this direct from the OTCBB regs dept. And what to my surprise (and I'm sure my briker's) you don't need an uptick to short BB's. Mamabear's right again. More proof that Arthur is a lying coniving scoundrel. It is legal, but difficult, to short OTC BB stocks. From Liz Heese, OTC BB Regs Deartment: First, unlike the rules on NASDAQ fully listed companies, it is legal to short OTC BB stocks on the downtick ("downtick rule", which OTC BB's are exempt from) Second, unlike the rules on NASDAQ fully listed companies, it is not mandatory to disclose the short position, only voluntary. Huge difference there. Third, the Affirmative Determination rule is the problem with shorting these OTC BB Stocks in that you must demonstrate an ability to borrow these shares before selling these shares. Due to the illiquid-ness of these thinly traded stocks, this rule has been used by many brokerage houses to establish policies against shorting these OTC BB companies. Again, it is not illegal to short these companies here in the US, it is just not as common as shorting full NASDAQ listed stocks.