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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Joey who wrote (2627)	12/3/1997 3:03:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 11708

If they are allowed when do they have to cover? Also how much can they short? The float? JeffG

To: Joey who wrote (2627)	12/3/1997 3:26:00 PM
From: Beverley Davies	Read Replies (1) \| Respond to of 11708

As I understand it... For a stock to be shorted by investors, it has to be a marginable stock. Most bulletin board stocks are not marginable. However, MMs are legally allowed to short non-marginable stocks. That's part of their day-to-day business. Also, off-shore accounts are able to legally short non-marginable stocks. However, I understood any and all naked shorting -- from investors, off-shore or otherwise, and from MMs -- is not legal. That's my understanding. Any input to the contrary is welcome. Here are two sites with good information. emporium.turnpike.net emporium.turnpike.net Rob -- of RBM -- were you looking for one of the above two sites? Beverley