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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (1739)6/28/1998 9:19:00 AM
From: Leroyt  Read Replies (1) | Respond to of 3817
 
The Ditch. You have stated a common misconception:

That misconception is: A stock has to be marginable to be shorted.

That statement is incorrect. I have spoken to the SEC and NASDAQ. A stock does NOT have to be marginable to be shorted. Anyone can do it EXCEPT for the simple fact is that I don't know ANY broker that will let you short a penny stock. Sorry.

later, leroyt


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