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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: A.J. Mullen who wrote (7142)	4/28/2005 3:34:43 AM
From: DaYooper	Read Replies (1) \| Respond to of 12231

Did I by chance hit the stock you talking about - SIRI?

To: A.J. Mullen who wrote (7142)	6/20/2005 8:42:24 AM
From: Dennis Roth	Respond to of 12231

>> . Still, I thought shares generally had to be above $5 to be shortable? << Only for the retail investor. That's a brokerage house set rule I think. I haven't checked recently but I believe even Schwab will let you short stock under $5 if you put up 100% cash and maintain a cash deposit equal to 100% of the value of the short liability. Hedge funds and the large players short stuff under $5 and even under $1 all the time. Some of the less reputable hedge funds use over seas accounts to engage in naked shorting. That's selling short without borrowing shares. It's illegal in the U.S. but it's done thru banks in the Caribbean.