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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?


To: Brooks Jackson who wrote (1745)12/8/1997 12:57:00 PM
From: Ploni  Read Replies (1) | Respond to of 2544
 
Now that the stock has fallen so low that it isn't marginable, no new shorts can come aboard now (except for market makers -- and they may not be interested in shorting CTYS at this point).

So any new downward selling pressure would likely come from people like me selling for tax losses.



To: Brooks Jackson who wrote (1745)12/8/1997 3:03:00 PM
From: Brooks Jackson  Respond to of 2544
 
Now it's 3pm and CTYS is down 22%

Looks like it was (B).