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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM) -- Ignore unavailable to you. Want to Upgrade?

To: steve host who wrote (272)9/3/1999 7:27:00 PM
From: Mark The Trader  Read Replies (1) | Respond to of 516
 



To: steve host who wrote (272)9/4/1999 5:44:00 PM
From: Mark The Trader  Respond to of 516
 
Shorting IPOS in the first 30 days is illegal ?? Geez there are a lot of traders that are going to need a get out of jail free card.
I have not heard of this "law" forbidding IPOS from being shorted in the first 30 days , considering I do not short stocks as a rule , can you please provide us a link to back this up .

Thanks

Mark



To: steve host who wrote (272)9/4/1999 5:50:00 PM
From: byhiselo  Read Replies (2) | Respond to of 516
 
Steve, you are wrong,

I can and have shorted before 30 days on IPOs, and thru
well-know US on-line brokers. It is perfectly legal, BTW. This 30-day rule is a myth.

MDCM, made money on intraday trades this past week. Got new position around 17 Friday, with target of 24-25 within 1-2 weeks. Valuation gap with EELN will close.

cheers


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