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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: SuperValu who wrote (18112)12/11/1999 3:18:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 18263
 
>>>I have also read that a lot of people have not been able to short this stock because their brokers cannot get shares.

stocks under 5 dollars (some brokers have 4 dollar) are 'moved' in a margin account to cash holding

the following day ... a stock closes above 5 dollars, it is then available to buy on margin or be shortable, as shares are then available

do not be deluded that the shares to short are not available ... they will be on Monday

I sold 7/10 of my ZITL on friday
held some ... just in case

and shorters should be a tad fearful due to the linux link to zitl
Linux is very hot sector at this time
.... and whether it's real of not ... there are many new traders that will jump on it .... hold ... and send it flying again

those that know the company and have been burned in the past ... will/ may be caught off guard ... expecting another dive back to reality ... so be very careful (keep stop losses) ... I would hate to see another trader short ... only to have this thing do the same as that adsp(?) stock did a couple weeks back

good luck all!