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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Jacques Tenzel who wrote (25749)11/27/2002 6:33:07 PM
From: George8  Read Replies (3) | Respond to of 27311
 
Anybody knows how to short a stock that trades below $2? I thought in order to short a stock, at least the following conditions have to be met: 1. marginable, 2. available shares to borrow. I do not think $2/share stock is marginable at any brokerages.



To: Jacques Tenzel who wrote (25749)11/29/2002 1:34:54 PM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 27311
 
Gains from short sales are realized when they cover. Some may cover in January to "lock in" and realize gains for the year 2003. Let us see what happens in January and February of 2003. Ram


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