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

To: Wayners who wrote (9015)	5/20/1998 3:31:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 18691

<< You can only shorts stocks that are marginable. This means you can only short junk over $5.00 >> Sort of. Some stocks can dip below 5 and still maintain their marginable status. Then it's up to your broker. Sometimes you can negotiate a short sale below $5 with them. I also thought you could short some listed stocks below 5, but I don't think I have ever tried. I don't short too many NYSE listed stocks so I am not sure. One of the last small cap NYSE stocks I shorted was ZE. Too bad I left 14 points on the table, I hear ZE is going to get booted of the NYSE and trade on the OTC-BB under the ticker symbol ZERO (only kidding <g>).