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To: sammaster who wrote (126139)	9/28/2001 6:28:35 AM
From: clochard	Respond to of 436258

Most brokers won't allow you to short a stock that is headed for bankruptcy. <GGG>

To: sammaster who wrote (126139)	9/28/2001 9:15:23 AM
From: Dr. Jeff	Read Replies (2) \| Respond to of 436258

<<what happens if u are short a stock and it suddenly stops trading and declares bankruptcy?>>> Then you won't ever have to cover and won't be taxed on the "gain" since you never actually bought it.

To: sammaster who wrote (126139)	9/28/2001 11:01:57 AM
From: Kevin Podsiadlik	Respond to of 436258

More to your point, if a company goes bankrupt it usually delists and moves to the pink sheets where you can cover or not at your leisure. In the rare event of a long-term halt the brokerage will usually mark it at zero for you so that none of your capital will be tied up.