Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : ISOMAN AND HIS CAVE OF SOLITUDE -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (306)	10/17/1999 12:50:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 539

No. The memo is a hoax. A brokerage in Vancouver told their traders not to short OTC stocks anymore.. This , of course, has ballooned into the theory that no one can short stocks in Canada or otc anymore. As long as the shares are available to borrow, I can short them. I don't very often, I prefer to go long, but I have shorted before. Maybe 1 in 10 trades is a short for me....if that much.. Also, Now the spin is that "Naked shorting in Canada is illegal" Well....It always has been. Doesn't mean it won't happen. Also...The other spin I have seen is that American Traders using a Canadian account to Short...same rules apply to an American. If the shares are available, then it can be done...