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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Mark Davis who wrote (11916)2/17/2001 9:30:50 PM
From: TheStockStalker  Respond to of 18137
 
Not 100% sure about how it's done, but it's likely the shorts were simply done on a cash basis in the margin

I believe that is exactly how I remember it is done. A margin account requirement is not the
same as a marginable security. Once an affirmative determination is made by a broker
the IPO can be shorted. This fictitious rule about the shortability of IPO's has always
been an urban myth among retail traders.

PDT


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