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

To: Tom Hua who wrote (4947)	3/13/1998 3:31:00 PM
From: Ploni	Read Replies (2) \| Respond to of 18691

I just put in an order to short through Quick & Reilly's clearing house, U.S. Securities. I'll let you know what happens. When someone controls 90% of the float, can't he control the price forever?

To: Tom Hua who wrote (4947)	3/13/1998 3:36:00 PM
From: Ploni	Read Replies (3) \| Respond to of 18691

Subject: IBUY My order was rejected. That means very few people will be able to short it: market makers, Canadians, and perhaps some day traders can naked short it (but only for a day trade, without being able to take it home overnight). The argument is that short sellers help keep the market orderly, yet we are locked out from the Bulletin Board market. Why is that? No wonder it's full of trash stocks. Do any of you believe that article that the U.S. gov't is propping up the U.S. stock market by buying billions of dollars of S&P options (and thus hurting us short sellers)? I'm a little skeptical, as that could cause a devastating scandal if the news got out. Also, the writer didn't help his credibility by referring to Vince Foster's death as a murder.