Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk Messmer who wrote (3483)	7/8/2001 9:29:58 AM
From: Don Pueblo	Respond to of 6873

Thanks for the clarification, I appreciate it.

To: Kirk Messmer who wrote (3483)	7/10/2001 11:58:32 PM
From: ISOMAN	Respond to of 6873

if you short under 5 bucks or if it goes under 5 bucks you still have to maintain $5 per share in account equity. So it ties up capital and borrowing power and under $3 may not be worth it. I have been trying to explain that to people for years. Yes I can Short under $5 Yes I am Canadian... Yes it is possible.... But...it is both very difficult and stupid. THe meatheads on Ragingbull have this theory that every Canadian walking the street is short their crap OTC 1 cent stock. Good luck finding shares to borrow. and...if you do happen to find shares available.. well watch that sucker shoot up 400% as soon as your short goes through... No thanks.... Stick with shorting the really good stocks like IVIL.