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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (1182)5/27/1998 9:12:00 PM
From: Gr8Karnac  Read Replies (2) | Respond to of 4142
 
Gary,

It would definitely be interesting to see what the various discount and full service brokers indicate on the subject of shorting marginable securities. I am certain that Etrade indicated to me that its policy is not to loan securities to MM which are not marginable (ie, under $5). This would thus include both MIDL and MIDLW (but not MIDLP). I encourage others to verify this with Etrade (800-786-2575) as well as their own brokers.

Obviously you are the "Master of DD"; however, I needed to pass on this information for the purposes of accuracy and to reduce confusion (hopefully).

Regards,

Mark