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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: t_w_b who wrote (3288)	7/2/2001 9:15:30 PM
From: Michail Shadkin	Respond to of 6873

TWB, calling is 1 option or placing an order way above market is another, assuming you are not interested in getting filled.

To: t_w_b who wrote (3288)	7/3/2001 8:31:39 AM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 6873

""""Question re: shares available"""" Datek quote will show the stock as non-marginable. cdaisey@datekworks.com

To: t_w_b who wrote (3288)	7/3/2001 2:01:30 PM
From: KymarFye	Respond to of 6873

<<I hope this isn't too dumb of a question,but how do you know if someone has shares available?..Other than just trying to place an order that is.>> Depends on your broker and the equity in question. Some trading software will show you in one way or another. CyberTrader, for instance, will show the number of shares available for shorting in the "stock box" that's the centerpiece of their platform - unfortunately, for day-trading purposes, availability does come into play from time to time. The trading desk can be called or messaged to look harder, but they sometimes come up short, as it were. For longer-term trades, if your broker doesn't currently have borrowable shares available, he or she can be asked to go find 'em - don't know how it works these days, but I know that in the old days that's what brokers did. Most convenient is a broker that clears through one of the largest firms: My current main broker clears through Bear-Stearns, and availability of short shares just isn't an issue - if want to get short, I just enter the command - though I suspect that for very thinly traded, "obscure" stocks (which I never trade) and recent IPOs there might be problems or at least complications.