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Strategies & Market Trends : Convertible Hedge investors? -- Ignore unavailable to you. Want to Upgrade?

To: Ted S who wrote (67)	2/12/1998 7:47:00 PM
From: Ted S	Read Replies (1) \| Respond to of 107

Scott, Re: Thinly traded stock. One potential problem with shorting common stock which is thinly traded (eg. 1500 shares per day) is that you may be forced to buy them back (at a loss) if the original owner wants them back right away. Is this a rare situation or one which would make me avoid shorting thinly traded issues? Just wondering. Ted

To: Ted S who wrote (67)	2/12/1998 8:06:00 PM
From: Scott Mc	Respond to of 107

Ted, I have had limited experience with 144 bonds, I only buy exchange listed bonds and the only one I every wanted to purchase was Theratx, THTXG(company taken over in 97). Anyway when I bought it I did not know it was a 144(didn't know what 144 was then), however being a Canadian and using a Canadian broker the rule technically does not apply to me. A Canadian full service broker I asked about this checked with his management and they said they would not buy them for individuals, however my discount broker I don't think knew the difference. Im not sure what the rules would be for an American. Scott