Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2861)	4/15/1998 10:32:00 AM
From: Dale Baker	Respond to of 4969

FYI, my second IFLYW sale Tuesday morning went just like the first. Half at 3 13/32, more at 3 9/16 and the last at 3 1/2. Stock's dead now since the mo-mo players moved on. Any speculation on what could finally end this manic bout of, well...speculation?

To: steve goldman who wrote (2861)	4/16/1998 11:38:00 PM
From: funk	Respond to of 4969

Message 4094781 This might be of interest to some traders. The log from todays chat at #MBTrading about island. funk

To: steve goldman who wrote (2861)	4/17/1998 4:52:00 AM
From: Nukeit	Read Replies (1) \| Respond to of 4969

Steve, Can you touch on the subject of short interest. Where do the shares come from to be able to short. Continental Homes (CON) has 113% of the float shorted. How can they short more then the float? Thanks for your help. johneb

To: steve goldman who wrote (2861)	4/17/1998 5:25:00 AM
From: Alf	Read Replies (2) \| Respond to of 4969

Steve I am sure that this question has ben asked many times, but could you please explain the process for shorting a stock along with margin requirements using the following example. $ 20,000 cash at 9:30 am SEEK bid 44 ask 44 1/4 where I want to start SEEK bid 41 ask 41 1/8 to cover Do I have $ 40,0000 to use in this example ? I assume that the first order goes in at 44 1/4 - bid not to sure when covering if it goes at the bid or ask Have never done this and do not want to screw anything up (other than a loss to my account) It just seems easier to predict the top and by not using the ability to short seems like you miss out on 1/2 the action. Thanks in advance for any help that you provide ! Tim