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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?


To: Pied Piper who wrote (889)11/4/1999 10:33:00 AM
From: Israel  Read Replies (1) | Respond to of 1296
 
The first problem I see is what happens if the price of PLCO rises.

.. thats a risk of shorting any stock.. same as if you are long and the stock goes down...

The next problem is being forced to cover because the owner has requested my “borrowed” shares because they want to sell.

.. there is a thing called a naked short.. where you dont have to borrow the underlying issue in order to short it..

Just telling you how it works. I am long PLCOP and PLCOW.. and have no position in the common, though I do see value in the common..

Happy Trading,
Israel




To: Pied Piper who wrote (889)11/4/1999 10:57:00 AM
From: Al's Fun  Respond to of 1296
 
It is really simple..... You just sell you common and buy the "P"

easy....or buy the p only....dont worry about shorting....,leave that
to the mm



To: Pied Piper who wrote (889)11/4/1999 11:59:00 AM
From: Condor  Read Replies (2) | Respond to of 1296
 
Morning PP,
Reading your post is a further reminder to me why I don't care to do the complex trading games, unless of course you don't care if you get a good nights sleep for the next few months. I like Al's plan. Anyhow, best of luck to you in whatever approach you decide upon. By the way, we might get to have that beer in TO sometime :o)
Regards
C