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Non-Tech : GTAX - Gilman & Ciocia, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Judith Weintraub who wrote (101)1/29/1998 11:15:00 AM
From: Doug R  Read Replies (1) | Respond to of 184
 
Thanks Judy,

I just found out that GTAX is not allowed to be shorted at the present by virtue of SEC rule UPC-71 which is used to protect the market in a stock. That removes a source of selling pressure. I don't know how long the restriction will last but it seems that some shorts would have to cover before it would be lifted.

Doug R