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.

Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: John W. Andrews who wrote (9791)	6/17/1998 8:38:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 23519

>>...you can't short a stock below the $5.00 level so we are almost done with the short pressure...<< Bull hockey crap! Where do you people come up with these mis-information??? Only Datek does not allow you to short stocks under 5 cause you dont get margin on penny stocks! Use a real broker. You can even short stocks under 1 cent. VVUS a PENNY STOCK by friday! I am taking bets to offset some looses..

To: John W. Andrews who wrote (9791)	6/17/1998 8:52:00 PM
From: blankmind	Respond to of 23519

- Dr. Andrews - I agree totally with your analysis. - Which is why I'm not too nervous about my Vivus holdings. - I'll take a 2,000 or 3,000 a week scrip in 30 countries. - Let's face it. Vivus never sold more than 15,000 scrips a week. But with approvals in new countries coming fast & furiously, it's jusst a matter of time before we exceed those numbers.

To: John W. Andrews who wrote (9791)	6/17/1998 10:17:00 PM
From: Andeveron	Read Replies (1) \| Respond to of 23519

>> you can't short a stock below the $5.00 level << This is erroneous information. My broker, Merrill Lynch, lets me short any stock, as long as I have the funds in my account to cover it. If a stock I'm short on runs up 100%, I had better have the funds available to cover it.

To: John W. Andrews who wrote (9791)	6/17/1998 10:22:00 PM
From: Anaxagoras	Respond to of 23519

<<Good News ...you can't short a stock below the $5.00 level so we are almost done with the short pressure>> No, this is incorrect. I'm just a little retail guy, and yet off the top of my head I can tell you that within the last month or so I've shorted LOCK at $4 1/32 and PNDA at $4 7/8. You just have to put up more collateral than normal and it's a little more difficult to get a borrow, but I assure you it's commonly done. Anaxagoras

To: John W. Andrews who wrote (9791)	6/17/1998 11:48:00 PM
From: 777 Captain	Read Replies (1) \| Respond to of 23519

Mr. Andrews: Thanks for responding. I have shorted some stocks in the past, and provided I had sufficient funds in the account, and a "track record" with the brokerage, e.g., promptly meeting margin calls, there seemed to be no barrier at the $ 5.00/level. I saw a post on this thread regarding Merrill Lynch (sp), and from a friend who is a broker there, they do allow a customer to short, however they may want additional margin funds in the account before doing so. FWIW, the past two days trading in VVUS have been very interesting from a technical standpoint. We'll see what the rest of the week, and options expiration have in store. Regards.