Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: John J H Kim who wrote (2262)	1/11/1998 2:17:00 PM
From: steve goldman	Respond to of 4969

In order to short stock, to sell stock you don't currently own long, you need to borrow the shares you are about to sell. You have to borrow them from your brokerage firm, so yes, it is normal that the securities loan/lending desk be contacted. Usually the broker does this or, in our case, it is done with a 3 second check to an automated system. I don't know how eschwab handles their shorts...sounds normal though. They should have a system where you simply enter a short sale and let the ocputers tell you if its ok or not. regards, steve@yamner.com