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

To: Just My Opinion who wrote (1900)	7/5/1998 6:30:00 PM
From: Author51	Read Replies (2) \| Respond to of 3817

Here's something we ALL can do to prevent the shorting of our investment.....It's much easier and more liquid than demanding the physical delivery of your certificates........ Another risk to shorting stocks is commonly called a short squeeze. In a short squeeze, a high-volume buying wave drives prices higher. This euphoria sparks even more buying by new participants wanting to establish a long position and by existing shareholders who want to increase theirs. It may also "scare" those who are short the stock into covering their positions. This event may be triggered by an unforeseen news announcement or simply by an important resistance level being broken. Another characteristic of a short squeeze is that many of the buyers demand delivery of their shares, or that they be placed in safekeeping, and therefore not allowable for lending to short sellers Simply ask your brokerage to place your shares in "safekeeping" this will prevent them from being loaned for shorting purposes...Your stocks are still there, so if you need to sell quickly, you can...If you take physical delivery, you would first have to "deliver" your shares to your broker before you could sell them. This was taken from a discussion on shorting on CW.....Peace