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Pastimes : Can SI Members Really Manipulate Stocks? -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (183)	8/2/1998 7:43:00 PM
From: Patrick Slevin	Respond to of 461

<when is the SEC going to make it alright for anyone to short bb-stocks. Why can't we even short stocks under $5.> Actually I'm not so certain you cannot....at least, in the SEC's view. I think it's the firm that prevents you. For example, one firm may say a $5 stock is marginable but another may say a $4 one is. A smaller firm may also not be able to borrow a low priced stock to short, or may not wish to. I know from experience I could not short nor use as margin a small stock while "next door" I could. But in general I agree it's hard to short a pink stock....it's always a wild remark when you see a penny thread decrying other SI posters as shorters as if the community is made up of MMs on the box selling into waves of knowledgeable pink sheet bulls.