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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (55248)11/8/2001 4:19:22 PM
From: BWAC  Read Replies (1) | Respond to of 70976
 
What are they going to do? Put in the next batch of soon to be under $5 stocks in the QQQ?

"The new companies entering the index are expected to include several from industries such as drugs and manufacturing," They sure have a lot of pharma stocks in their now? Adding more? Maybe that means I know the next sector to go bust. And they need the QQQ to include them as a part of a hedge.



To: Sam Citron who wrote (55248)11/8/2001 4:21:55 PM
From: Sam Citron  Respond to of 70976
 
Barton Biggs predicting "one more" test of Sep-Oct lows (now on CNBC). "Still think the lows are the lows, but I don't see the beginning of a new bull market."



To: Sam Citron who wrote (55248)11/10/2001 10:48:24 PM
From: Brian Sullivan  Respond to of 70976
 
These stocks would be excellent candidates for shorting if it were not for the fact that <$5 stocks can not generally be traded on margin, which is a necessity for shorting.

Stock that trade under $5 can be shorted. The margin rule only means that you won't be able to borrow against them when you are long a stock under 5$.
When you are short a stock I'm not sure if you can borrow against the stock at all.


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