SI
SI
discoversearch

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


To: George Acton who wrote (10623)6/26/1998 1:17:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 18691
 
""My broker tells me that there is a 10% limit on the amount of shares that can be short on a single company"

I'd get a new broker if I was told that.

I want to say the limit is 50%, but have no source. 10% is truly ridiculous.

Barb



To: George Acton who wrote (10623)6/26/1998 1:32:00 PM
From: CatLady  Read Replies (1) | Respond to of 18691
 
"My broker tells me that there is a 10% limit on the amount of shares that can be short on a single company. ... If this 10% limit is true and the shorts are forced to cover to get back in line with this regulation, that would help a ton."

Where did you find that one? Irrational longs are good bellweathers for possible shorts. Although this could be a rational shareholder with an irrational broker.



To: George Acton who wrote (10623)6/26/1998 4:43:00 PM
From: BelowTheCrowd  Read Replies (2) | Respond to of 18691
 
This sounds like a broker's hype, combined with a long's wishful thinking: "The stock's got to go up. IT'S GOT TO! There are too many shorts. It's illegal. Somebody's going to force them all to cover. Squeeze city! It'll drive the stock through the roof and then it'll stay there!"

Completely irrational, and the kind of reason people are using to own stocks.

Dow 5000 when this all unwinds?

mg