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.
Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Praetor who wrote (5784)6/29/1999 1:39:00 PM
From: ChopChop99  Read Replies (2) | Respond to of 16809
 
Probably good for a pop right now, Praetor...

I still strongly dislike it long term. Kinda irrelevant for me, since I cancelled my CO and you cannot un-cancel, but for those willing to flip it might be good.

I'm not willing to flip anyway since I only have one active account at Wit right now. I'm gonna behave at Wit and E*Trade in hopes of picking up some RedHat and others of that caliber.



To: Praetor who wrote (5784)6/29/1999 1:50:00 PM
From: Richard N. Barg  Read Replies (1) | Respond to of 16809
 
Shorting stock at another brokerage. If you have a huge runup on a new issue and want to lock in profits w/out "flipping" out an account, is it feasible to short the issue at another firm:

Issues:

1. Heard SEC rules don't allow shorting for 30 days?
2. Not enough supply w/brokers for a while - shorted stock is a different caliber of stock and requires a special agreement between the person lending the stock and the broker who borrows it?

Any ideas on this