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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Jesica Dawnet who wrote (20525)7/17/2002 4:12:25 PM
From: DiB  Respond to of 21876
 
OT
I think all brokerages allow shorting stocks below $5. You just need enough marginable equity in your account. Stocks held long priced below $5 usually don't contribute towards that marginable equity.



To: Jesica Dawnet who wrote (20525)7/17/2002 8:20:49 PM
From: Eashoa' M'sheekha  Read Replies (1) | Respond to of 21876
 
>>>I may want to get in on the action of shorting.<<<

You and many others now that most stoX have lost 50 - 90 percent of their value.

Late comers usually get burnt and shorting may not be appropiate for those who have to ask the rules.

I see more and more unseasoned market participants looking to jump on the sell side.

I'm using that as a contrary indicator.

Be careful out there.

KC


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