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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (41517)	7/25/1999 6:39:00 PM
From: RockyBalboa	Respond to of 122087

Mad2. How did you short stocks < $5 at Dart? Have you managed to do that recently? Also, maybe a minor addition: Around 1 year ago, or a bit more when I started, Datek allowed shorting almost any shares, especially at the NYSE & AMEX downto any level. That was stopped when the NS /NM signs appeared, soon after KTEL & ENMD zoomed. The confusion about "margining" a stock, ie get money for the cert or buy on margin - and shorting a stock may be either fuelled or also misunderstood by Dart people: There, a non marginable stock can not be borrowed - Unable to short sell this stock, it cannot be borrowed is the message. I tried that out on several NM stocks, none of which I got through.

To: Mad2 who wrote (41517)	7/25/1999 7:00:00 PM
From: eims2000	Read Replies (1) \| Respond to of 122087

Mad2, I shorted a sub $5 stock at Datek only once, but I entered the order above $5 and the stock fell so fast that I ended up short at about $3.50. It was still profitable. But are you saying that you have shorted stocks that were not marginable at Datek? Because they were the worst about forming that myth that they were not shortable. Yes when I started with them last year they were very good, plus you didn't have an extra step of borrowing involved, you just sold it and they took care of the rest. thanks rhansen