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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (229232)	4/14/2005 12:49:30 PM
From: Elroy	Read Replies (1) \| Respond to of 1573535

BTW, I believe you mentioned a year ago that you (successfully?) made sure your broker could not loan out your shares for shorts? Someone told me that if you put in a Sell Limit order significantly above the trading range, the brokerage will not loan the shares out (just in case). So if the stock is $20 you put in an order to sell them all at $60, and the broker won't loan them out. I think that is bunk, however. I called and asked my broker a week ago, and he said you cannot prevent them from loaning them out for short sale. But the turnover on the TD Waterhouse support desk is so high I don't have a lot of confidence the guy knew what he was talking about. If anyone knows the answer for sure, please post it.