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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Feline who wrote (2503)12/23/1997 7:56:00 AM
From: Buckey  Read Replies (1) | Respond to of 11676
 
Feline, Grant, I am not in a position to comment on the syntax of "covered" versus "uncovered". But I would like clarification on Grant;s statement that a house only has to declare a short position if their entire short position is greater than 1/2 half of the shares they hold?

From Grant, he states that it is 1/2 of of all shares held by the house and its clients? Is this still true.

I think feline is correct in stating that is against the law to use an individuals fully paid account holdings of a given stock as part of that total.

My question is simply: Are all short positions being reported and if not does anyone have a resonable guess as to the amount that is unreported?



To: Feline who wrote (2503)12/23/1997 11:08:00 AM
From: Grant Baker  Read Replies (1) | Respond to of 11676
 
I stand corrected! I was not aware that only margined accounts could be shorted by the broker. That still does not address the issue of the broker's corporate trading accounts, which I am led to beleive are shorted by some houses on a regular basis.


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