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Biotech / Medical : NYMXF Alzheimer's treatment! -- Ignore unavailable to you. Want to Upgrade?

To: Curtis Frazier who wrote (40)3/17/1998 3:19:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 132
 
The only thing I know is that somebody did short IPO (VRSN) after Day 3. Take it FWIW. I shorted some stocks last year after 3 weeks of IPO. So I guess Your generalization does not work any more.



To: Curtis Frazier who wrote (40)3/17/1998 4:33:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 132
 
>>>Unless the rules have changed. You usually cannot short a stock until after 30 days after the IPO not 3.<<<

My understanding is that it is 30 days if your broker was involved with the underwriting. Regardless, this stock has traded since 11/97, and plenty of folks with the right brokers were able to short it. Alas, I was not one of them.

Barb


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