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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (36224)3/2/2002 5:04:10 PM
From: sylvester80  Read Replies (2) | Respond to of 99280
 
It was CLCX at $2 before they went bankrupt. Maybe I should try again to see if I can still short below $5. Maybe it was a glitch at that time since I haven't tried to do any more since then below 5. I may actually give Datek a call Monday and see what they say about shorting below $5. I also wonder if their different client status has anything to do with it too.



To: Zeev Hed who wrote (36224)3/2/2002 5:16:40 PM
From: sylvester80  Read Replies (4) | Respond to of 99280
 
Just a for a quick test I just went into Datek and I put an order to short 5000 shares of CORV at $1.20, and the system took it. My order was a GTC order. I think as long as you have marginable equity, Datek allows it. I'll call them Monday and ask for details, but from what I see, no problem in shorting stocks under $5 with Datek.


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