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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: lindend who wrote (2758)8/4/1999 12:29:00 AM
From: Mark Marcellus  Respond to of 10293
 
This is strange. Why would they just sit on an order? And what do you have to say to light a fire under them?

If there are no shares immediately available to borrow, Fido has never followed up on it for me. But if I call and pester them to check with the trading desk, I eventually get the shares if there are any to be gotten. It's always been labor intensive though. Not that I make that many trades, but the only shorts I've ever gotten from them on the first shot were McDonalds and Gillette.

Sounds like gringodoc has better luck than I do, and I stand corrected on Fox+. It's been so long since I tried using it for shorting, that I may have just forgotten you could do it. I gave up on using it for anything but market orders a while ago, and I won't use a market order for a short. Maybe things have improved since then, or maybe I was just inept or unlucky. As far as shorting on under $5 and IPO's, I was explicitly told by Fidelity that they don't do it. However, I imagine that gringodoc trades a wee bit more than I do, so they may be more accomodating for him.