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Non-Tech : E.Schwab problems -- Ignore unavailable to you. Want to Upgrade?


To: surfinSteve who wrote (187)8/21/1998 10:25:00 AM
From: Kevin Hay  Read Replies (1) | Respond to of 1401
 
No shares to short.

I was trying to short against a long position I have, yesterday, and
had my order cancelled. Then I got a call from Schwab saying
they had no shares available to short.

I've heard of this before but haven't experienced it. Can some one
explain why I shouldn't be po'd at Schwab?

thanks,
-Kevin