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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (1797)1/28/1998 4:56:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
M Carter, I covered my CFON short position today and switched to PNDA. Probably a good indicator that cfon will continue down....... Also covered my ESMC short today. Could not get in SOF.



To: vegetarian who wrote (1797)1/29/1998 12:18:00 AM
From: BDR  Respond to of 18691
 
<<Only difference is that retail shorting is out of the picture only retail buying
and instituitional buying and selling are in.>>

I was browsing through the description of terms on the Discover site and came across this:

"To be considered marginable, a stock must be deemed as such by the US
Federal Reserve, and it must trade above $4."

If a $4+ stock is marginable doesn't that mean it is shortable? I will have to check with Discover but I thought that $5 was the limit across the board.