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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (183)10/2/2001 9:08:40 AM
From: Bocor  Read Replies (1) | Respond to of 455
 
fyi, the offshore shorting is a very small percentage of the overall short interest. Commissions are huge for offshore accounts, and traders only go offshore when the stock is such an obviously overvalued stock that there is none available to borrow elsewhere, and the risk/return is big. GENI for example....anyone who was long GENI deserved what they got and then some. Talk about being un-American....



To: Ga Bard who wrote (183)10/2/2001 11:39:07 AM
From: Moominoid  Read Replies (1) | Respond to of 455
 
I'm confused by you saying people can short stock without borrowing it (except as a day trade where settlement doesn't actually occur). How is that possible?


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