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


To: Mary A Young who wrote (3261)6/15/1998 12:10:00 AM
From: Mark Myword  Read Replies (2) | Respond to of 4969
 
>>What would happen if we, as individual investors had shorted a stock that our firm allowed us to short....and then learned it was illegal in that shares were not available? I'm sure our firm would be in deep do-do, but what would happen to us as individuals? <<
Mary - I don't know , but I'm currently short a volatile stock that is in an obvious squeeze situation , and I will probably call the SEC tomorrow morning, just to have a chat. I don't like crooks.