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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: R. Jaynes who wrote (16456)1/21/2000 9:37:00 AM
From: Hockeyfan  Read Replies (1) | Respond to of 26039
 
Shorting DLSC,

Unfortunately I checked 4 brokerage firms and couldn't find any DLSC to short. DLSC was not considered stable enough to be marginable by these firms. Apparently a company has to have a product, revenues or more than 3 part time employees for their stock to qualify for margin. Shares that do not qualify for margin go into the cash portion of a margin account and can not be lent out for short sale.

The DLSC SCAM was almost perfect. Get somebody to hype the blue sky stock to a bunch of ignorant French Quebecies and watch it rise. The smart people can't keep the stock down by shorting it.